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Old 05-13-2008, 08:27 AM
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Pilgrim Standard Pilgrim Standard is offline.
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Quote:
Originally Posted by Reformingstudent View Post
Maybe, Lord willing it won't be too long before the price drops back down to a more reasonable price.

http://tinyurl.com/fgykg

Lehman Bros. Report: Oil Bust in the Cards
I hope that your posting was a bit facetious since the Lehman Bros. Report that you posted from April 25 stated that $120 oil was not real. Last Fri we broke the $126 p/b barrier.

I have to agree with Joshua though. It does appear that we are caught in a inflationary spiral fueled by big unnecessary wars, government overspending and consumer greed. The Masking of M3 numbers since March of '06 and the publication of the "false" core inflation rate don't help the analysis much though! Seriously, cutting out food, housing and energy and claiming that you have now calculated the “Core” inflation rate is a bit absurd, eh?

Never the less, I thank God that the value of his Son’s atonement is sufficient for all and will lack nothing in value ever! Hey ladies and gentlemen, remember that we are rich beyond measure.
__________________
Benjamin
FPCNA
Indianapolis, IN

All the endes of the worlde shall remember themselues,
and turne to the Lord: and all the kinreds of the nations
shall worship before thee. For the kingdome is the Lords,
and he ruleth among the nations.
Psalm 22:27-28
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