Courtney Rainwater ?

I have done this site especially for Courtney Rainwater
in order to visit thishousewillexist.org

Video created by Richard E. Rainwater's daughter, Courtney Rainwater








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Sorry for my poor english translation.

Richard Rainwater is positioned on the oil industry: do like him!

Great American debt machine is jammed. One has only to look at the automotive sector to understand what is happening. Right now, sellers of American cars must accommodate a triple threat: higher energy costs, a difficult credit crunch and the worst drop in the number of sales that the sector has suffered over the past fifteen years.

- "The car salesmen are the equivalent of canaries in a coal mine," said Sheldon Sandler The Associated Press. Sandler is the founder of Bel Air Partners, a firm that helps car dealers to buy or sell their dealerships.

- The stock car is not diminishing and customers are becoming increasingly rare, many of them being unable to get a loan because of the intensification of the credit crunch ... Limbo around us ... and reasons to buy stocks are as rare as investment bankers altruistic. During times like this, it is far too easy to get caught up in the moment. Fear is a powerful emotion. The market continues to crumble, and many investors have lost sight of their goals. They sell their positions without discrimination, they become irrational.

- The settlement that we live in now is global. And no action or raw material has escaped the disaster. That's why we turn to a rare and precious resource that provides long-term benefits: oil.

** A guru of energy has recently relied on big oil. He bought shares of Exxon, ConocoPhillips, Pioneer Natural Resources, BP and Statoil - all for a pittance. We did say "bought" because this wise man had sold all the oil stocks he owned, and this, in May ... at the time when oil reached the $ 129 a barrel.


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- Richard Rainwater knew he was leaving the party too early - and that he would miss the most - when he sold his oil stocks in the spring. But he also knew that the benefits of its $ 300 million invested in securities and oil futures were at stake

- "I just felt that the United States was not ready for gas at $ 4 and there would be a pause," he told TIME magazine in June.

- Rainwater has recovered its profits just before the Peak Oil in July. It is now ready to start over, by dispersing his millions from Exxon, ConocoPhillips and other big names in oil.

- The view of Rainwater is simple: global demand for more and more important will push up oil prices over the long term. But Rainwater is not alone. Analysts and experts from the oil industry - such as oil tycoon T. Boone Pickens and OPEC President Chakib Khelil - have been clear ... Oil will not stay cheap for long.

- On July 11, 2008, oil hit a record high at $ 147.27 - a jump of 123% in just twelve months. However, since this event, prices have not stopped falling in the energy sector. Oil stocks have closely followed the downward path of crude.

- With oil below $ 60, aficionados of oil as Pickens is preparing to rise. "The Saudis say they have more oil, it is not. The president has wasted his time when he went to Saudi Arabia and say, 'Give us more oil." They can not give more oil .. . they reap as much money as possible and as quickly as possible, "Pickens told CNBC in an interview.

- The charm of oil is hard to deny. With a limited supply and insatiable demand, it is natural that many investors consider an oil beyond $ 200 in the near future. According to Pickens, we have an economy that is thirsty for oil is going after the producers: "85 million barrels of oil per day, that's all anyone can produce, and demand is 87 million. C ' is as simple as that. It has nothing to do with the dollar. "

- It's a good time to buy oil. The second quarter of 2008 saw the worst drop in oil prices past 17 years. With OPEC reduced its production outlook for 2008 and 2009, we do not know how long the oil will be able to stay below $ 100 ... even less in that of $ 57.

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Richard Rainwater, these are predictions and the rest Memec

As I read headlines such as oil falls to 7% despite OPEC cut, I can not remember the prophetic words of Richard Rainwater few months ago about the imminent fall of the price of Oil: (in full bubble), and which devoted a post that raised quite a stir. Seeing the smile of Mr. Rainwater in the picture, imagine how satisfying it must feel to read headlines like this, but I suspect that he knew that the fall - and context - would be so catastrophic.

Also read comments incredulous smile to walk to the post, such as Cls when he said: "Let's go? Maybe, but with the current demand ... very unlikely that the barrel "down." Something big would have to pass to be given this situation. " Finally .. ole by Mr. Rainwater, that if it is not the Rappel witch's nose. Of course, if you then invested the profit in stock, it should not be happy.

----> It's created for Courtney Rainwater

Are you ready to burst the oil bubble?.
| Maikelnai.es | 09/06/2008

I know, I know, oil prices are skyrocketing (at the time of this writing the price of oil has just reached the $ 136) and it is hard to believe that prices are going down with the global increase in demand and finite supply, but I ask please that you read what Richard Rainwater has to say about the imminent explosion of the oil bubble.

"Who is Richard Rainwater and why should we listen to what he says? Well, everything is explained in an article that Justin Fox has published in Time magazine:

11 years ago, after much study and much thought, is Richard Rainwater convinced himself that the long decline in oil prices, which had begun in the early 80's, was about to end. As a billionaire who had achieved fame and fortune investing the riches of the Bass family (wealthy Fort Worth oil Texans) in non-energy goods, such as the Disney stock, Rainwater got the means to act upon their convictions. So we invested nearly $ 300 million of his personal fortune in shares of energy companies, and in the futures market oil and gas.

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For a time this seemed a nonsense of movement. In late 1998 the price of oil fell below $ 10 a barrel. Regular gasoline sold for 90 cents a gallon (1 gallon = 3.78 liters). While Internet millionaires do not stop money from their companies, Rainwater was impoverished by the day.

The rest of the story you can imagine. The dotcoms imploded; oil prices began to rise, and climbed and climbed and then climbed some more - and Rainwater's energy bet came to be seen as one of the best financial investment of our time. His insight has reported 2,000 million dollars, making it happen - according to Forbes magazine - the post about 250 in the list of 400 richest Americans in 1999, to No. 91 last summer (with a total fortune of 3,500 million dollars).

"And never guess that Rainwater has just a couple of weeks, just after the oil price exceeded the $ 129 for the first time? In his own words: "I sold my shares in Chevron, ConocoPhillips, Statoil, ENSCO, and Pioneer Natural Resources. I sold everything. "

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