Oil Crisis

I saw a vision of a very sharp, black horn last night, like this one below.

I understood the vision to be linked to the Horn of Africa flare up, that I have been seeing recently—it must all be building momentum. Oil tankers have to pass through the narrow straits at Horn, to get to the Suez Canal, on their way to Europe.

The Turks are pissed off with Syria, and the US have sent an aircraft carrier to the Mediterranean, off the coast of Lebanon; they are also pissed off with Syria, and they are there on the side of the Jews, who are talking of bombing Iran. Meanwhile Iran has mentioned bombing Turkey—don’t know why, whatever, the Middle East thing looks dead dodgy.

Oil will soar. (Stuart Wilde)

P.S. Hou.to is the oil ETF for the stock operators amongst you. Great long term bet, trades at about $6+ Canadian, as of Nov 25th 2011.

We all sold our petrol driven cars this year and changed to diesel, because diesel is easy to store, while petrol involves regulations and expensive tanks. 600 gallons of diesel goes in a smallish plastic tank, that costs about €450 to buy.

© Copyright 2011 – Stuart Wilde – All Rights Reserved.