Quote:
Originally Posted by Archive
Posted By: bruceAnd when sweet Texas Crude oil hits $120 and the economy radically contracts, there will be a great deal of old cardboard available even in PSA 8
Welcome your response.
Bruce
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How prophetic for a post from 2005. Not so much the price of oil, although that is fairly impressive. Prognosticating on crude futures after Hurricane Katrina was in vogue back then, if I remember correctly. More so, the macroeconomic prediction about the recession experienced somewhat shortly after Bruce wrote this is what I am talking about.
Quote:
Originally Posted by thescooper
Oil is $110 now so how are those PSA 8 commons going for?
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I, too, wonder if the is a correlation between the two.
There are many lawyers on this board who discuss the legality of certain matters. Are there any economists, whether by profession or happenstance, on Net54? If so, I would welcome a discussion on this topic.
Best regards,
Eric