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WTI sitting about $94 at the moment. Got to thinking about this topic again after reading this article: http://theage.drive.com.au/motor-news/oil-isnt-running-out-expert-20120813-244i1.html tl;dr that guy reckon we might even be facing an oil glut.

A missus who earns good coin. You lucky kent. :thumbsu: Project accountant? Is that on the back of a BCom (Acct)?

Do you mind if I ask what you do to bring home that kind of coin?

Closer to a magenta than a maroon imo.

^This is a very nonsensical post. I did not start talking about gold at the start of the thread, I noted that doomsayers like those of DailyReckoning fame suggested buying gold due to an imminent collapse in the economic system. One which has yet to pass. I haven't read Bonner et al. for some...

I didn't buy Empire of Debt, I hired it. As for gold, if I'd have bought some back in '07, would Bonner be recommending I sell it now? Of course not. He would recommend I hold it. So I would have gone five years without any interest or dividends paid out to me, while holding onto an asset whose...

Why don't you show us some stats or graphs, brah. c) Neither of the above. Did you live with your parents until you took out your first mortgage? Sad if the case, in my opinion.

Please explain.

Yeah, not really... This exact type of post could (and, knowing your type, probably will) be posted again in 2017, even if the 'inevitable collapse' has still yet to occur. Ten years on from the start of the GFC. This is why blokes like Dan Denning of DailyReckoning make so much money from...

That's the problem, Fire. With blokes like yourself there is never an 'end'; in three years time you will still be saying 'the fundamentals point to a collapse'. That's what I was getting at earlier.

How can the rich not be rich? Think about that a moment.

^ More proof that the Family Guy generation have an odd sense of humour. How long will continue to think this way, that the collapse is around the corner? The GFC hit in 2007. It is now 2012. If we were to get to 2017 and the world's economy was in similar shape to what it is now, would you...

Just had the pleasure of bumping into a doom-and-gloomer, who was telling me all about the impending crash and how it is all going to crap very soon. Like all doom-and-gloomers I've met, he had that smugness and sense of righteousness about him that utility displayed towards me earlier in the...

Another year-and-a-half-on, and WTI is currently at about $92. Anyone else want to make some predictions as to the future? If China does go off a cliff as the doomsayers are predicting, you would think it would fall back dramatically. Otherwise, oil should go onwards and slowly upwards, I...

Ah, fair enough. Thanks for clearing that up. :thumbsu: (I've said for a while now that one tends to build up a profile of posters (whose posts one reads regularly) to the point where one seems to know random dudes on the net better than one knows one's own family and friends sometimes)

Bit OT, and no offence, but I could've sworn you had posted in a number of threads about having a girlfriend/fiancee. :confused:

@^ 'yep, i know where id rather live' Where would you rather live?

E87, I can see at least one pixel of nipple in your avatar. I demand you either remove it immediately... or PM me the original, full-size pic. :thumbsd::thumbsu:

I guess it aint so common. Here's the hot tip: right now, Australia's 'fertility rate' is about 1.78. That is less than replacement. Greatly reduce immigration and we can steady our population levels. Without expected, massive population growth, do you honestly think that people will keep...

:eek: On what do you base this astounding claim? Not only that, but it increases the perceived value of land, as people realise that the available land around Australian major cities (and we only have a handful of them) is not growing, but demand for it will be (due to a greater national...

Good thread with some really good contributions. :thumbsu: If I were an over-leveraged home-'owner', I'd just be praying that nobody does a Pauline Hanson anytime soon and brings popular attention to the ramifications of high immigration in this country. Let's face it: substantially reduce...

I'm no economist, but I think you might have things the wrong way around here, bro.

I've been hoping for it for years and will continue to do so. :thumbsu:

Hmmm. 'Money morning', hey? Quick background check reveals that the editorial director is on Dan Denning, who - as it turns out - writes for Daily Reckoning. Notice any pattern here, dmc?

Hehehehe. It is funny when keyboard know-alls trot out the regular Housing Crash Truth Movement lines, and then go into hiding when their predictions turn to s**t. But this stuff is genuine LOL comedy...

Ay Caramba! [Orig posted 20/5/10] Lowest it has been since I got here. Please oh please make the bad man stop.

It reads like you are suggesting that one of the reasons why petrol prices at the pump haven't fallen as much as crude oil prices is because our dollar has appreciated, but I know you are too smart to have been suggesting that...

Doesn't time fly when you're having fun? It's been the best part of 18 months since the start of the thread and oil is only just now ticking into the same territory as where it had been in early 2008. [This graph may not be as useful to those reading this thread in the future, as I suspect...

Excellent. If you know how to make a few different things out of minced meat, for instance, then it will be much easier to stick within $50-60. :thumbsu: Unless, like me, you are happy to eat the same thing every night, in which case cooking skills are not essential. :thumbsu::thumbsu:

Are you (or your gf) much of a cook?