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Old 03-15-2008, 05:16 PM
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Default The Depression of 2008

Posted By: JimCrandell

My brief views on these matters:

1)Values of High End Graded Vintage Cards--may dip slightly but likely to perform much better than low-mid end cards. Why would Chad, Don, Don and Greg cut back their purchases of vintage cards--if anything they would accelerate--I would certainly accelerate my purchases if values went down.

2)Oil-oil markets are global and legitimately tight. Its all we can do to grow global supply by 0.5% in an environment of $100 bbl. Of course the ridiculous decisions of the US Govt. to restrict drilling in ANWR, western states and offshore our own coast do not help. Bottom line-$100 bbl and oil and $4 gas is here to stay.

3)Kerry--ugh. I was shocked as many voted for him as they did. The most liberal senator in the country until Barack stands for higher taxes, higher govt spending and a weak US military.

4)Financial crisis-real. My company just had a large layoff and is going through tough times. However, I don't think its the end of the world and we will pull through.

5)McCain beats Obama in the fall.

6)Bruce actually has interesting things to say unlike the person(s) who attacks him.

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