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- Two Words....TAR SAND
Two Words....TAR SAND
Not Tarzan to you Facebook kiddies, OIL.
Canada has it. I know what you are thinking…One more Bush Term and it’s yours! Woooo. Not.
I have schlepped through the streets of New York trying to break a $20 Canadian to explain the trend behind Canada’s strength. It’s oil and Gold.
The damn Canadians have it. In Canada, they are pissed (always pissed) that they are selling these assets to foreigners (like Canada isn’t built on foreigners backs). They have something new to be pissed about. Marathon Oil bid a whopping $5.5 billion for Canada’s Western Oil Sands (WTO.TO). ‘Gin Phil’ who brought it to my attention, thinks the bidding may have just started. If he’s long WTO, I hope so buddy.
Now, CBS won’t let me go to Calagary for my weekend Wallstrip – Naked Putz – extravaganza’s, but if I could, I would. You would see that it looks like Dubai. I mean freaking Calgary. Picture arabs with cowboy hats. Oil continues to scream higher and the Tar Sands of Canada are in play. Big Time.
To refresh, here I am in the streets of New York breaking a Canadian $20:
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