Please Scroll Down to See Forums Below
napsgear
genezapharmateuticals
domestic-supply
puritysourcelabs
UGL OZ
UGFREAK
napsgeargenezapharmateuticals domestic-supplypuritysourcelabsUGL OZUGFREAK

Who are the most financially sucessful peeps here?

bran987 said:
who do they sell them to?

Mostly brokers seeking to purchase crude oil allocations.

You buy fresh cut at 52+1, resell at 70 to 75+1.

There are numerous crude brokers in Europe who are willing to pay 75+1 because they flip their crude allocations for cash so quickly anyhow.

You figure..one metric ton of REBCO costs like $540 Million alone. A 60 month contract runs you $32.4B. That's how buy/sell programs for BG's can have such a large turnover.

Especially when countries have been buying and storing lots of crude at lower prices.

As for FORBES list, I know several people not listed. Is Jack Binion listed? He has $1.2 B cash. The Al-Kamali family controls 30% of Saudi Arabia's crude...are they listed? Lahn Tran-Tu? Sheldon Adelson could never sell all his stock and still be worth $15B. Donald Trump? He inflated his worth just for FORBES new listing.
 
oh and Bran...you're not a dumbass. You're actually pretty smart.

Although the Persian Perversion is a little geigh.
 
gotmilk said:
oh and Bran...you're not a dumbass. You're actually pretty smart.

Although the Persian Perversion is a little geigh.
Thanks, I was a little sad you said that.

Doesn't look like Binion is on the list of the 400 richest americans. Here is the list sorted by name:

http://www.forbes.com/lists/2005/54/Name_2.html

I guess it would be a close call though, looks like the minimum to make the list is $900 million.
 

I think you only make FORBES if you report your info to them.

I know a guy here in California who has billions in cash. He flips BG's monthly.
 
Top Bottom