Nothing wrong with being a bum. Actually I am a beach bum. Just like to walk on the beach and walk the dogs. Bum around and invest my money here and there.
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mmmm top'd up a few more NZO this morning!
Probably a wise move. NZO is one of the few not dropping like a stone today - shows resilience at least. Starting to wonder if I should be breaking open a few reserve piggy banks and picking up more … specially with the latest 1/4ly figures combined with last nights $140 barrel. I really thought the subsidised Asian fuel markets would have started to feel it by now - - not so.
… and the Israelis are practising long range combat refuelling.
! Cripes - The financial report - - that hadn't occurred to me - The reporting cycle ends a month before Mohomo is due to hit depth - the next report will be to June 30, should hit the streets July 31 ish. Mohomo is 51 days after spudding in - say 3 Aug. The end of next month could be a fascinating time.
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ABC Australia "Peak Oil" documentary on TVNZ 7
Tomorrow Saturday at 2:10 pm
http://tvnz.co.nz/view/page/497100/1596989
I caught the last few minutes of its first broadcast this evening -- it was on between 7:10 and 8 pm
It look very good -- quotes from the Hirsch Report etc
Will be rebroadcast tomorrow afternoon at 2:10 pm
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Price of Oil pushes past US$141 / barrel:
http://futures.tradingcharts.com/intraday/CL_/88
Not good, tempting fate, global recession, collapse of commodities including oil !!??
Will it all end in tears ??