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screeds are unwelcomed. Substance�not soap-boxing�please! These are
sordid matters and 'conspiracy theory'�with its many half-truths, mis-
directions and outright frauds�is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
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--- Begin Message ---
-Caveat Lector-
Dear Daily Reckoning Reader,
Saddam Hussein is going down. George W. Bush has already
announced his intention. For many the question is not "if,"
... but "when". Even the most sensible voice in the cabinet,
Secretary of State Colin Powell, has made it clear that Iraq
is the next U.S. target.
Why?
As a Daily Reckoning reader put it this week on the
discussion board: "Iraq: It's so obvious."
With 112 billion barrels of oil, at least according to Oil
and Gas Journal, Iraq has the second largest oil reserves in
the world. And although you may not be aware of it... 90% of
Iraq's oil exports -- 24.2 million barrels a month -- already
go to the United States. Only the "invasion strategy"
appears to remain in question.
Now, here's a fact that should be fairly obvious to all
readers...
Arab Wars = Oil Profits
It's simple. Conflict in the Middle East invariably leads to
higher oil prices. Consider recent history:
* The Yom Kippur War, 1972 -- fought between Israel and its
Arab neighbors, it quadrupled the price of oil, from $3 to
$12 a barrel.
* The Iranian Revolution, 1978 -- effectively removed one of
the world's kingpin oil producers and pushed oil
prices from $12 a barrel to $24 a barrel.
* The Iran/Iraq War, 1980 -- jump-started oil prices again,
sending them from under $22 a barrel to over $35!
* Iraq invades Kuwait, 1990 -- propelled oil markets into the
stratosphere. The price of crude climbed from $20 a
barrel to over $35 a barrel.
In each case, investors who caught the move early made
fortunes. So the question seems to me to be: What are you
going to do about it?
I'm writing you today to suggest that if you want to position
yourself to take advantage of the coming oil profits, I can
recommend no better advice than that of John Myers.
You may recall the man, the myth, the legend... his portfolio
is already so strong in the year 2002 that The Hulbert
Financial Digest has recently profiled Myers as one of the
leading resource investors in the newsletter industry. And
in August, Forbes.com published a lengthy interview with
Myers asking: "Your portfolio has gained 32% the first half
of the year. How did you do it?"
The answer is quite clear. Myers is the insider's insider. He
grew up in the resource business. "As a 14-year-old living on
a farm outside of Calgary," the Forbes interview begins,
"John Myers says he turned $20,000 into $150,000 over five
years by buying Canadian and South African gold. At his
father's recommendation, he bought the bullion at $35 and
didn't sell until it reached $650.
"No surprise, then," Forbes continues, "that Myers -- still
living in Calgary and now editor of John Myers' Outstanding
Investments -- is a poster boy for investing in natural
resources."
By knowing the industry inside and out, Myers has
consistently turned profits from crisis situations... the
electricity crisis in California two years ago... the natural
gas shortage that plagued the East Coast last winter... and
as he told the Forbes crew: "Gold has been especially strong
[for us this year]. We took profits to the tune of 668% on
Metallica Resources and 162% on Intrepid Minerals. We've also
done well with some of our intermediate oil companies like
KeyWest Energy, up 41% for us, and Canadian gas pick Niko
Resources, which gained 102%."
Right now -- as we speak - Myers is adroitly positioning his
readers for quick profits from Gulf War II and the coming oil
crisis. Don't hesitate to join them; click here to read your
free copy of Myers' special report:
The Inevitable Oil Shock
http://www.agora-inc.com/reports/OST/GainKnowledge
Cheers and good luck,
Addison Wiggin,
The Daily Reckoning
P.S. What if war doesn't break out? If the invasion never
happens? Oil is still a good bet. As Myers demonstrated in a
guest essay on Tuesday, if oil were priced at 1980 prices and
adjusted for inflation, we'd be looking at 94 bucks a barrel,
rather than $27 that it's priced at today.
P.P.S. "In the 1970s and '80s I was working for my father,
the founder of Myers Finance & Energy," recalls Myers about
his life-long love affair with resource profits. "When the
bullets started flying, we started buying, making a fortune
for our subscribers.
"Then in 1990, I was the MFE publisher, and I jumped into the
oil markets as hard and fast as I could. Over the next six
months, we watched our oil stocks rise 100%, 200%, even 300%.
And now it is happening again. But this time it's even
bigger.
"I've been warning my readers about this situation for
months. In fact, June 15, 2001, I wrote to my readers quoting
Saudi Arabian Crown Prince Abdullah who said, "'We are
sitting on a powder keg that could blow up at any time.'" He
wasn't kidding.
Now is the time to position yourself for the quick profits
sure to come from Gulf War II and the coming oil crisis. Read
your free special report today:
The Inevitable Oil Shock
http://www.agora-inc.com/reports/OST/GainKnowledge
*******
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<A HREF="http://www.ctrl.org/";>www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance�not soap-boxing�please! These are
sordid matters and 'conspiracy theory'�with its many half-truths, mis-
directions and outright frauds�is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
<A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of
[EMAIL PROTECTED]</A>
http:[EMAIL PROTECTED]/
<A HREF="http:[EMAIL PROTECTED]/";>ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]
To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]
Om
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