Originally posted by stupidissmart:Hmm... how about the whole world speculates ? The common man with some spare cash and invest in oil as he believe it is gonna rise ? 1/2 a year ago it is already pretty clear tat oil and commodities r worth investing. Heck people r investing in them now. Furthermore, u completely exaggerate the amount of money Iran has. Your argument on who has the money to invest really holds no water at all.
I would agree readily on your speculation 'that the whole world speculates'. But we are talking about 1000 barrels per stock lot, and even at $80/b, that would be US$80,000 for just one lot. Who would dare such risks for one lot? US$80,000 can buy you several other better ROI lots. That leaves out a significant portion of the world, to invest in oil. Today it would be US$143,000 per lot. It would shot to US$200/b. Do you yourself dare put such money in today? Or have such money?
2.5million a day is what Iran produces, and it is state owned. that would be US$70billion, not million, at US$80/b for one year. Since 1979's independence, it has been 29 years. Go figure how much they have in their treasury, with a population of only 70million people and how much social spending they truly spend on the people. Even with a first world treasury, they have very much lower rankings in almost all areas of social spending as compared to first world economies.
I completely exaggerate or do you completely live in a fantasy world see things through rose tinted glasses?
Interview on the Causes of High Oil Prices
http://www.engdahl.oilgeopolitics.net/print/Chossudovsky_1_070708_110000-1.mp3
World Bank Secret Report confirms Biofuel Cause of World Food Crisis
I would agree readily on your speculation 'that the whole world speculates'. But we are talking about 1000 barrels per stock lot, and even at $80/b, that would be US$80,000 for just one lot. Who would dare such risks for one lot?
Why don't u just google and there r many companies advertising people to buy the commodity oil for u.
from wiki
Also in May 2008, The Economist pointed out that "The number of transactions involving oil futures on the New York Mercantile Exchange (NYMEX), the biggest market for oil, has almost tripled since 2004. That neatly mirrors a tripling of the price of oil over the same period
Also in June 2008, OPEC's Secretary General Abdullah al-Badri provided statistics supporting rampant speculation in the oil-related financial markets. According to Badri, current world consumption of oil at 87 million bpd is far exceeded by the "paper market" for oil, which equals about 1.36 billion bpd, or more than 15 times the actual market demand
In response to the possibility that financial speculators artificially inflated the oil market, the U.S. Congress began hearings in June 2008 intended to find ways to "tighten restrictions on pension funds, investment banks and other investors that they say are driving up fuel prices
It is more easier to invest in oil than u can imagine.
2.5million a day is what Iran produces, and it is state owned. that would be US$70billion, not million, at US$80/b for one year. Since 1979's independence, it has been 29 years. Go figure how much they have in their treasury, with a population of only 70million people and how much social spending they truly spend on the people. Even with a first world treasury, they have very much lower rankings in almost all areas of social spending as compared to first world economies.
Aiyoh... u think the gov spend 0 on their country ya ? U think they don't have army, dont buy weopons, don't pay their staff, don't build schools, don't build mosque, don't build roads, don't build TV station, don't build radio, don't build police station, don't build fire department, don't build hospital etc etc etc. Iran is not as rural as i think.
29 years ago, oil is not at 80 per barrel. They also went a nearly 10 years war with iraq. And finally, singapore itself has a higher GDP than 129 billion in a year (2 times your 70 billion) while Iran is much bigger with more people than singapore.
May I make a conclusion now?
Iran is not the main reason for spiking up oil price. Attacking Iran and overthrowing its government will only make things worse. Besides Iranian death toll, it will give birth to hundreds of new terror groups. Economically, it will bring disaster to the world economy quicker.
Allowing US dollars to flow back to the origin is the only way to stop the crisis. Just ask Singapore and China.
StopWarOnIran.org
No War On Iran
The Time to Stop a War on Iran Is NOW!
http://www.unitedforpeace.org/article.php?
No War On Iran coalition
1. As the US govt will be investigating, you will know for sure who these 'financial speculators' and their relationship.
2. The average price of oil for the past 29 years is $65/b, from 1979 to 2006. Thus they would still have earned a state revenue of US$60 billion, not million, per year on just oil alone. Assuming 40% is used for savings, it would be $24 billion a year and US$700 billion, not million, in the kitty today after 29 years, excluding dividends earned which they would most surely be invested.
3. Your GDP estimates are disputable. Spore's GDP for 2007 is US$172 billion while Iran stands at US$278 billion. They have other resources and manufacturing production output as well, such as being the 2nd largest natural gas producer in the world, and agricultural production. In terms of wealth, we are no where compared to Iran. But in other areas, we are definately far ahead.
4. How many billions would it take to provide for 58million people and 12 million living below poverty line? How much can they spend on military when they cannot purchase western arms and have to make their own? What is their international ranking in terms of social spendings? Disreputable at best.
Thus Iran do have the capability and wealth to move the oil market on a daily basis.
Originally posted by tai gok nang:May I make a conclusion now?
Since i started the threat, perhaps i make the conclusion?
Iran is the cause of everyone in the world's suffering from the effects of high oil prices. If not for them, oil would have been sustainable at US$60/barrel, according to Opec.
They have the motive and the capability to move the market and are responsible for the anomalous spike in the price of oil. Their purpose is to force the world to let them own nuclear weapons, in a world that is determined to stop nuclear proliferation, more so with irresponsible leaders such as they had shown themselves to be.
Should we still not make war on their leadership, we will all die of starvation. Either we fight now or we will starve to death later when agricultural nations fight back against rise in oil prices by raising food prices.
By destroying the Iranian leadership and redistributing its wealth back to the citizens, Iran will no longer have the capability to manipulate international affairs that will kill us all. Others seeking to profit from the misery of others will not dare such attempts again, for there are people who are prepared to fight for a just cause to save billions other. Price of oil will stabilise at sustainable levels, with controls on speculation.
Win the war, and take our chances with terrorism, with a 50% chance to survive terrorism, or die later doing nothing, which is a 100% chance of sure death, espacially for the common people and their next generations.
For those who are rich enough to pay high prices or hide under the table types, prefer to be bought by Iranian agents to form anti-war lobbies and websites, there is no requirement for you to join the fight. You can hide away and when the war is won, to reap the benefits. This war requires not everyone to fight. Just everyone to support a just cause, shed blood so that billions other around the world may live and not starve.
WAR WITH IRAN IS INEVITABLE!!!
WAR WITH IRAN IS INEVITABLE!!!
No it is not.
India warns against any attack on Iran
Originally posted by xtreyier:
Gold, silver, diamonds and platinium are some of the more rare minerals of earth. It is limited in quantities and are difficult to extract. Hardly humans use such minerals and are considered a luxury. Thus the high cost charge to them for there is only a limited market.But oil is a different thing altogether! It is a daily staple just like water. Everything uses oil, from the machinery that extracts to the egg seller in the market to transport his eggs to the market using his van. The market is immensely huge for oil.
To touch the antartic region while we're facing global warming is truely a CRIME AGAINST HUMANITY!
You claimed I am a robber, alluding i intend to rob Iran of their wealth. But in actual fact, who are the robbers? Isn't Iran robbing us all, the human race with no natural resource oil, of our wealth? Why should I be paying such high prices for a natural resource staple commodity, which in turn affect all other staples well?
Oh? Really? Did I claimed you're an robber?
Actually there is a way of reducing demand for oil: take the public transport...or are you not willing to part with your car?
The war in Iran requires only 1 million soldiers. It doesn't need more than that, so if you fear to fight, stay home, hide under the bed and reap the benefits when the war is won. Just support this justified war.
Diplomacy had failed. War is the only solution. I too, am afraid to die, but in the end, i rather receive a bullet dying for a justified cause - saving billions other, than to slowly die of starvation and watching every other man, woman, and child fall onto the wayside in hunger.
And how on earth are you going to get 1 million willing soldiers from? A coalition of nations? As a mercenary army?
I wouldn't back down to fight a justified war but it seems like your definition of a "justified" war differs from mine.
"Invade Iran because they rise the price of oil!" = "Invade Argentina( or Ukraine, Russia, Serbia) because they had either imposed high tariffs or blocked the export of wheat and other foodstuffs altogether, driving up prices!"
Wouldn't you think this is a bit ridiculous for a cause for war?
War isn't the only solution, it's is the "only" solution when men failed to think properly.
The oil price hike follows on from a combination of concerns over a weak US dollar, surging oil demand and fears about supply disruptions in the Middle East and Africa. Renewed militanyt activities in Nigeria have threaten to cut oil supplies.
The big mouths of the Iranian clerics and the president Ah'm mad have publicly issued threats numerous times to nuke Israel or wipe her off the maps. Can Iran selectively nuke the Israelis and avoid vapourising the 'Palestinian' Arabs?
Later they would claim that their nuclear plans is for 'peaceful' means.
While there are concerns that Israel may be planning to attack Iran's nuke facilities only, the threat to oil supply disruption again comes from the Iranian leaders to block the Strait Of Hormuz, limiting oil export from other Arab nations in the Gulf.
Iran is a troublemaker.
Iran is a troublemaker.
Same goes for USA and Israel and almost all other states in that region.
Military point of view, most aggressive are Israel and USA.
The big mouths of the Iranian clerics and the president Ah'm mad have publicly issued threats numerous times to nuke Israel or wipe her off the maps. Can Iran selectively nuke the Israelis and avoid vapourising the 'Palestinian' Arabs?
Later they would claim that their nuclear plans is for 'peaceful' means.
The threats goes both ways ba... america say they will attack iran if they do not obey. Isreal also say they will strike iran if they do not obey. They already imposed economic sanction on iran. Which side is the bigger bastard ?
While there are concerns that Israel may be planning to attack Iran's nuke facilities only, the threat to oil supply disruption again comes from the Iranian leaders to block the Strait Of Hormuz, limiting oil export from other Arab nations in the Gulf.
Iran is a troublemaker.
did they block ? No right... blocking only affects asia countries since it affects ship going down to asia. His enemies r europe and US and blocking does not do any harm to them. Furthermore Asia countries like china r supporting iran secretly... u think they will block ? Nah...
Which side is the bigger bastard ?
Since USA surrounded Iran with military bases first and also invaded Iraq, I would say USA is the bigger one.
Originally posted by stupidissmart:The threats goes both ways ba... america say they will attack iran if they do not obey. Isreal also say they will strike iran if they do not obey. They already imposed economic sanction on iran. Which side is the bigger bastard ?
did they block ? No right... blocking only affects asia countries since it affects ship going down to asia. His enemies r europe and US and blocking does not do any harm to them. Furthermore Asia countries like china r supporting iran secretly... u think they will block ? Nah...
What are you talking about? US imposed sanction on Iran, so Iran drags the other countries into their quackmire.
The oil-rich Arabs will respond with force, that's the sure outcome. Who are they going to call? Uncle Sam !
Sunnis and Shites are not brethren lah.
US imposed sanction on Iran
Why USA no impose sanctions on Israel for its nuclear weapons?
What are you talking about? US imposed sanction on Iran, so Iran drags the other countries into their quackmire.
How does he do tat ? The question is... had he done tat ? Or is tat your hypothesis ?The saudi etc look fine to me. Isreal still attacking gaza strip. Everything is normal
Furthermore why give Iran sanction while countries like japan r ensourage to build a nuclear plant to save the environment ? Why US sell nuclear weapons technology to India ? Why not give parkistan sanction since they develop nuclear weapon too ? The india is not gonna bring the other countries into the quackmire ? Wat is the use of nuclear weapon except to kill people ?
Originally posted by stupidissmart:How does he do tat ? The question is... had he done tat ? Or is tat your hypothesis ?The saudi etc look fine to me. Isreal still attacking gaza strip. Everything is normal
Furthermore why give Iran sanction while countries like japan r ensourage to build a nuclear plant to save the environment ? Why US sell nuclear weapons technology to India ? Why not give parkistan sanction since they develop nuclear weapon too ? The india is not gonna bring the other countries into the quackmire ? Wat is the use of nuclear weapon except to kill people ?
Because IRAN is sibeh Guai Lan !
Because IRAN is sibeh Guai Lan !
In what way?
Iran du lan:
Late last year, Congress agreed to a request from President Bush to fund a major escalation of covert operations against Iran, according to current and former military, intelligence, and congressional sources. These operations, for which the President sought up to four hundred million dollars, were described in a Presidential Finding signed by Bush, and are designed to destabilize the country’s religious leadership.
The covert activities involve support of the minority Ahwazi Arab and Baluchi groups and other dissident organizations. They also include gathering intelligence about Iran’s suspected nuclear-weapons program. Clandestine operations against Iran are not new. United States Special Operations Forces have been conducting cross-border operations from southern Iraq, with Presidential authorization, since last year...
http://www.newyorker.com/reporting/2008/07/07/080707fa_fact_hersh
nostradam already predicate the world war 3 will become in middle east. The war is unaviodable.
Actually i predicted i was gonna be born before i was born.
Originally posted by stupidissmart:The threats goes both ways ba... america say they will attack iran if they do not obey. Isreal also say they will strike iran if they do not obey. They already imposed economic sanction on iran. Which side is the bigger bastard ?
did they block ? No right... blocking only affects asia countries since it affects ship going down to asia. His enemies r europe and US and blocking does not do any harm to them. Furthermore Asia countries like china r supporting iran secretly... u think they will block ? Nah...
Why don't you ask who issue a threat first instead of saying the threats go both ways?
How does it not affect Asia? Economic powers like Japan and China need to trade their products for oil. How will China's tankers get Iran's oil if the strait are littered with wrecks.? It will affect the Gulf states because whatever things these countries use are exchanged with oil.
If Iran don't block, then good for all countries, enemies or allies.![]()
What about USA encircling Iran with military bases?
It poses a military threat to Iran.

Originally posted by stupidissmart:How does he do tat ? The question is... had he done tat ? Or is tat your hypothesis ?The saudi etc look fine to me. Isreal still attacking gaza strip. Everything is normal
Furthermore why give Iran sanction while countries like japan r ensourage to build a nuclear plant to save the environment ? Why US sell nuclear weapons technology to India ? Why not give parkistan sanction since they develop nuclear weapon too ? The india is not gonna bring the other countries into the quackmire ? Wat is the use of nuclear weapon except to kill people ?
Sanctions were imposed on Iran long ago for overthrowing the Shah and for sponsoring terrorism. The latest sanction is just an expansion of the sanction already imposed.
There was a cold war but not a nuclear war. No nuclear superpower wants to make the first strike. There's no victory in a nuclear war.
Iran is special because it's nuke plan is for destroying a nation but that nation probably already have enough nukes to wipe Iran off the map.
If Israel decides to unilaterally strike Iran's nuke facilities, it's to save the Israelis as well as the ordinary Iranians from extinction.
You can criticise Israel and the US as much as you want. Don't skip the fact that during the Arab- Israeli wars, Iran supported the Arabs. In the Iraq-Iran war, the Gulf states supported Iraq. When Iraq invaded Kuwait, the Kuwaitis and the Saudis asked Uncle Sam for help.
If you have to choose, will you
1) support the Arabs against the Arabs
2) support the Arabs against the Persians
3) support the Persians against the Arabs
4) support all of the above ![]()
The best is no war.
But I would prefer Israeli-Iranian war, or USA-DPRK war.