Comments on: Oil Price Rises on Threat of Turkey Invading Iraq http://www.dailyreckoning.com.au/turkey-invading-iraq/2007/10/16/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Coffee Addict http://www.dailyreckoning.com.au/turkey-invading-iraq/2007/10/16/comment-page-1/#comment-3843 Coffee Addict Wed, 17 Oct 2007 04:23:22 +0000 http://www.dailyreckoning.com.au/turkey-invading-iraq/2007/10/16/#comment-3843 I expect that the Turks will establish a buffer zone then ask the Coalition of the Willing to fill it as a condition of withdrawal. (The Turks are now effectively asking the US to establish a buffer zone as a condition of not gong a few kilometres into Iraq.) The Turks certainly have no desire to go anywhere near oil production and distribution facilities. Why? It's not in their interests. The oil price rise is consequently unjustified (from a market perspective). I expect that the Turks will establish a buffer zone then ask the Coalition of the Willing to fill it as a condition of withdrawal. (The Turks are now effectively asking the US to establish a buffer zone as a condition of not gong a few kilometres into Iraq.)

The Turks certainly have no desire to go anywhere near oil production and distribution facilities. Why? It's not in their interests. The oil price rise is consequently unjustified (from a market perspective).

]]> By: dubious pete in melbourne http://www.dailyreckoning.com.au/turkey-invading-iraq/2007/10/16/comment-page-1/#comment-3837 dubious pete in melbourne Wed, 17 Oct 2007 00:30:27 +0000 http://www.dailyreckoning.com.au/turkey-invading-iraq/2007/10/16/#comment-3837 ...rolled over. ergo why the U$ govt lies about true inflation as it must keep interest rates low to be able to pay its 2% margin TIPS- inflation linked bonds. ergo the bubble just gets bigger. ...rolled over.

ergo why the U$ govt lies about true inflation as it must keep interest rates low to be able to pay its 2% margin TIPS- inflation linked bonds.

ergo the bubble just gets bigger.

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