Hmm. Seems like you have a different version of libtool installed on your machine than I do.
My libtool knows about the -static option:
newt:~> libtool
libtool: no output file specified (specify with -o output)
Usage: libtool -static [-] file [...] [-filelist listfile[,dirname]] [-arch_only arch] [-sacLT]
Usage: libtool -dynamic [-] file [...] [-filelist listfile[,dirname]] [-arch_only arch] [-o output] [-install_name name] [-compatibility_version #] [-current_version #] [-seg1addr 0x#] [-segs_read_only_addr 0x#] [-segs_read_write_addr 0x#] [-seg_addr_table <filename>] [-seg_addr_table_filename <file_system_path>] [-all_load] [-noall_load]Which version do you have? Mine claims to be this:
newt:~> libtool -V
Apple Computer, Inc. version cctools-622.3Maybe you have more than one version of libtool installed?
newt:~> which libtool
/usr/bin/libtoolDavid