My original nic was Tony9 or Anthony9 from memory.
I preferred Investorweb in those days.
As to peak oil?
I never mentioned peak oil.
My theory is based on housing collapsing.
I think house prices were artificially bid up with the cheap credit and lax lending standards.
Those days are long gone.
People are saddled with massive debts and a falling market.
The housing market has collapsed in the US,UK Spain Ireland ,New Zealand and soon Australia.
If the sharemarket is a discounting mechanism then it certainly sees something bad on the horizon.
Even the dumbest person would have to recognise that.
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