X-Message-Number: 25631 From: "Mark Plus" <> Subject: A major libertarian figure acknowledges Peak Oil Date: Wed, 26 Jan 2005 13:47:57 -0800 When a super-wealthy libertarian like Jim Rogers has to acknowledge the existence of Peak Oil, the denial game is over. Get to a North American location while you still can. Manage your risk, not your terror. Mark Plus http://www.ameinfo.com/news/Detailed/52594.html United Arab Emirates: Monday, January 24 - 2005 at 10:45 Another 10 years of high oil prices? A new assessment of the supply and demand position for oil suggests that the outlook for high prices may be much stronger than previously thought. Talk to traders about oil prices and they only look a few months ahead. But a new book from George Soros' former colleague Jim Rogers, 'Hot Commodities' points to a much more long-term outlook, and the news for oil is very good. Roger's thesis is that oil supply has peaked and is now in decline around the world. He cites the evidence for and against, noting the Saudi Government's strong objections to this claim. But even his critics would have to admit that he makes a compelling argument. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=25631