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Hurricane Gustav

I was (and am) short the S&P 500 over the weekend, so all sadism aside, I would like Gustav to kick it up a gear.

I think our markets will be down a bit because Gustav has not intensified significantly and is not going to cause significant damage or disruptions to the oil industry.

Everyone is well prepared this time including the oil industry, which has reinforced it's facilities in the rebuilding from Katrina.

So, I'm expecting the markets to fall because along with commodities, the oil price falls taking gold with it... obviously reflecting negatively on our resource sector.
 
Well my comment was said a little tongue in cheek. I am neither some coldly calculating trader, nor some greed obsessed sociopath but I don't mind a bit of dark humour (although it is true I was short the S&P). Nevertheless, feel free to throw the armchair judgements around, I mean you obviously know me well enough.

That aside, I think Spooly made the most relevant comment. I mean we heard about 9/11 and the Challenger astronauts and Katrina for how long in the media? And how relevant are they in the scheme of overall suffering and dying in the world (excluding the obvious significance of someone using a plane to run into skycrapers)? I am pretty sick of hearing (ad nauseum) about only the poor Americans, while far worse situations are virtually ignored.

I cant remember how many weeks we had to endure hearing about the seven astronauts that died in the Columbia crash while I remember very little coverage of Rwanda (for example) when 800,000+ people were getting hacked apart.
 
It huffed and it puffed and it blew itself out.

Oil down, gold down.

Cheers
Brad
 
I cant remember how many weeks we had to endure hearing about the seven astronauts that died in the Columbia crash while I remember very little coverage of Rwanda (for example) when 800,000+ people were getting hacked apart.
Indeed. And while much of Africa is still hostage to similar violence.
 
Nevertheless, feel free to throw the armchair judgements around, I mean you obviously know me well enough.

Well, when you make comments as you did, with people who dont know you and didnt see it as humerous, you get what you get! Whether they live in the US or Africa, I dont see people in tragic circumstances as being an opportunity to make money. And even Insurance companies dont actually want people to claim! Which means from a commercial perspective they are the last ones to want to see a catastrophe unfold.



Yes, on that we would all agree. I see there are 2 reasons why the US crises are given the attention they get. Firstly, because the US is (rightly or wrongly) closely allied with Australia and our media is bascially controlled by them; secondly, particularly with Katrina and the way that all spiralled out of control, it makes us think how could they get it so wrong in their own country, yet prance around the world as though the US is God's gift to freedom and democracy. Well, that's my take anyway!
 
Yeh fair enough Prospector - I was feeling a bit tired and petulant early in the morning when I wrote that. After reading my initial post again I could see that it could easily be construed as a completely serious post.
 
Yeh fair enough Prospector - I was feeling a bit tired and petulant early in the morning when I wrote that. After reading my initial post again I could see that it could easily be construed as a completely serious post.

Poor baby said something stupid because he was petulant. And now he's worried about the Africans. Africans are killing Africans because that's what they do.
 
Poor baby said something stupid because he was petulant. And now he's worried about the Africans. Africans are killing Africans because that's what they do.
It's more of a people thing. It wasn't that long ago that us Europeans were doing the same thing to ourselves and others.

Here is one delightful practice as example http://en.wikipedia.org/wiki/Hung_drawn_and_quartered.

At we only do it for good a reason now... like oil.
 
Poor baby said something stupid because he was petulant. And now he's worried about the Africans. Africans are killing Africans because that's what they do.

lol Calliope. Are you still here? You just continue to show how stupid and ignorant you are with every post. What about (in our recent past) Australians killing Aboriginals, Germans killing jews and homosexuals, Americans killing anything that happens to sit in a country of strategic significance. Is that just what they do in your superior philosophy?

I was referring to my post about armchair judgements when I was tired. I don't feel my initial post was in any way stupid - it was dark humour misconstrued as greed.
 

OK I get the picture. You are a decent soul at heart. But you should stop leading with your chin.

Petulant = unreasonably irritable or ill tempered, peevish.
 
haha Caliope - please stop confirming the obvious. Peevish was how I was feeling when responding in that reply. I think you will find that word somewhere in your definition. Thanks for the update though, I'm sorry you had to look at a dictionary to understand what I was talking about.
 
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