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10 Gold Charts Commercial Investment Firms Don't Want Their Clients to See
Here are 10 gold charts that every global commercial
investment firm is terrified to show their clients. When priced in ounces of
gold, major western stock market indexes have performed horribly over the last
8 ½ years. Since, 2002, the US S&P 500 has lost a whopping 78% of its
value. The Australia ASX All Ordinaries Composite (similar to the US S&P
500 index) and the UK FTSE indexes have not fared much better, respectively
declining 70% and 77% in value. So despite all the hoopla about record runs in
global stock market indexes in 2009, the great bubble machines operated by
Central Banks have guaranteed that it may take another 20 or 30 additional years
before investors break even in nearly every developed stock market index and even
some emerging stock market indexes when the returns of these indexes are
measured in gold.
What about emerging markets? Goldman Sachs is fond of
reminding us that they coined the term “BRIC” for the emerging markets of
Brazil, Russia, India and China in November 30, 2001. Despite all the hype
about China’s enormous growth in recent years and the fantastic performance of
these markets in the last decade, when priced in gold, the Shanghai Stock
Exchange has lost 63% in value since the start of 2002. The Brazilian Bovespa
Index? It eeked out a 2% gain over this same time period. And the Bombay Stock
Exchange? This index actually performed a respectable 20% over an 8 ½ - year
period.
Thus, gold's performance slaughtered the performance of the
developed global market indexes and that of China, just about broke even with
Brazil, and only lost to India. If
we look at gold's performance denominated in the world's two leading currencies
during this same 8 ½-year investment period, gold soared by 207% denominated in
Euros and an even more spectacular 324% denominated in US dollars. Even when
priced in live cattle and lean hogs, the value of gold increased enough to buy
1.85 times as many cattle and hogs in a span of just 4 ½ - years. So why has gold performed so well during the early phases of our monetary crisis? Even though Central Banks collude with governments to execute schemes to suppress the price of gold (and silver), because gold has zero counterpary risk, efforts to rig it long term have failed unlike the rest of the casino wonderland of financial products.
Although gold is going through a corrective phase right
now, remember that in the article I wrote last week titled, “The Safest Bet
During Uncertain Markets”, I warned readers: “As long as Central Banks and
their governments scheme against PMs, gold and silver will continue to have
sharp, scary drops in the future at times.” Still, the long-term future for
gold is still solidly higher. If you look at the above performance of gold
against alternative investments, it is easy to realize that all the managers
and financial consultants that are jumping on gold’s bandwagon now are enormously
late in acting in their clients' best interests (though still early as far as
the end game is concerned). Their arguments that gold is only now, a “safe” and
“rational” investment, only further expose their lack of understanding about
the mechanisms of our global monetary system – a scary reality when they are
serving as advisers to thousands of clients whose financial livelihoods depend upon their guidance.
Granted, I wasn’t as early to the party as others with
greater vision. But when my research led me to the conclusion that a monetary
crisis was inevitable in late 2005/ early 2006, I started advocating gold at
about $530 an ounce and silver at $9 an ounce. And what about silver’s
performance from 2002 until present day? A mere 290% return (denominated in US
dollars) as illustrated by the tenth and final chart (admittedly a
silver and not a gold chart, I know).
Again, you may visit the link in the article “The Safest Bet
During Uncertain Times” to understand why gold and silver have never been a
favored asset of large commercial investment firms. Even with the reality of
the deeper stages of the monetary crisis descending upon us, many commercial
investment firms are still directing their clients into fiat gold and fiat
silver in the form of the GLD and SLV ETFs. In the process of doing so, they are
sadly ensuring that their clients will never join the party.
About the author: JS Kim is the Chief Investment Strategist
and Managing Director of SmartKnowledgeU, LLC, a fiercely independent wealth
consultancy company that guides investors in the best ways to buy gold and silver
through the progression of this global financial crisis. His Crisis Investment
Opportunities newsletter has significantly beat all major developed stock
market indexes since the first day of its launch, outperforming the Australian
ASX 200, the UK FTSE 100 & the US S&P 500 each by more than 140% to 150%* since inception (*in a tax-deferred
account). JS also maintains an
investment blog, the Underground Investor, in which he presents financial stories rarely covered by the mainstream media.
»
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JW, please expand on your unneccessarily brief posts.
And it would help if you inserted more blank lines between your sentences and paragraphs --- four or five are just not sufficient.
And we're not getting enough cowbell --- we need LOTS more cowbell!
"I say what I mean, I site facts and I dont suger coat shit... Bull in a china shop? Maybe? but I dont blow smoke up peoples asses like you do."
Plus you're really helpful. You give me all the information I need to understand your motivations.
"Heres some manipulation for you... go fucking shoot yourself, in the face with a paintball gun... maybe the pain will get you to wake up a little and get you off that nasty high horse you think you are sitting on... maybe even google something or a subject that you are interested in... and if you find some interesting facts.... share them with everyone..."
But can't I be a lazy ass like you and instead of actually listening to people and sharing ideas in a real way. Can't I just repeat myself over and over and add a bunch of spaces in my posts to make it harder for me to be ignored. Because everyone knows the truth and true understanding don't evolve. They simply exist and get repeated forever and ever.
All my best to you and yours. ( I stole that from a hallmark christmas card).
Fearful or mindful or what you say... typical coward. Your book club membership cannot save you from the facts.. no matter how pretty you write.
"Because everyone knows the truth and true understanding don't evolve. They simply exist and get repeated forever and ever."
when the truth is found to be lies...
don't you want some gold to buy
don't you need some gold to buy
you better find some gold to buy
ha ha 15 junks, you're worse than Americanpatriot at Market Watch
I hear that some people suspect that the Marketwatch "AmericanPatriot" is actually Jon Nadler incognito. I haven't been there much myself whether to say yay or nay on that.
Your argument is weak. It is tantamount to calling a top in the dow in 1982 when it finally broke out of its 20 year price range between 500 and 1000. Only soon to be ridiculed idiots were showing charts of the dow from 1966 to 1982 and stating "The dow is near atop! Look it is as high as it was at all the previous tops!"
sigh
Yeah, right.
Of course, and I'd like to have my 1971 dollars back.
The reason they wouldn't want you to see these charts is because they are useless.
This is the more pertinent chart (from your own source):
http://goldprice.org/charts/history/gold_10_year_o_usd.png
Are we seeing the formation of another inverse head and shoulders formation?
A reversal in gold "value" will not be the action of a chart; it will be the actions of governments, central banks, and opacity of financial instruments.
BTW: I don't junk people for disagreeing with me.
Gold is overvalued relative to other assets, as the charts presented by the OP show.
It is time for gold to reverse off of its double top.
The end is nigh. Believe the Johnny Bravo and salvage your portfolios...
Do not believe in the "Goled Bitchez" snake oil salesmen...
"Do not believe in the "Goled Bitchez" snake oil salesmen..."
I got a greasy fast oiled up snake.
Is my financial vehicle hissing or just purging the nitrous.
http://www.youtube.com/watch?v=bfqEisOIMJc
Looking to buy on the dips, are we?
Naw he yips the dips.
Why'd you choose charts that stop with 2005? Do you consider ignoring five years of data a sound basis for analysis? *junk*
by Stormdancer
on Fri, 05/21/2010 - 10:37
#365773
Why'd you choose charts that stop with 2005? Do you consider ignoring five years of data a sound basis for analysis? *junk*
Stormdancer,
I think that a Chart that goes beyond 2005 is a reasonable request... Honestly, I typed into Google 30 year Gold Chart and that is the one I normally use... I never took a closer look, which shows my attachment to the pricing... This is a 30 year chart and I must mention that it does not help make a case that Gold is upwards of historical highs... Sorry that your request undermines the whole Gold is cheap and thusly a Great Buy! http://66.38.218.33/scripts/hist_charts/yearly_graphs.plx
Now, by my calculations... Gold @ $1,200.00 dollars an oz. equals $400 dollars in 1980's money... So one could argue that Gold has at least the ability to Double in price from where it is today to meet its historical price heights. One could argue that the more the FED prints to float the lie that is our combined reality, that Gold should appreciate at least that much more… But the problem with logic and non-magic FED math is that EVERY GOVERNMENT that makes use of a paper currency, which is most of the World… have NOTHING to gain and EVERYTHING to lose if Gold goes higher, so it is in fact in those GOVERNMENTS best interests to contain the Price of Gold.
So as much as someone could use 8th grade math skills to get figures that would allow for Gold to be worth $5,000 an oz. and as much logical sense as it makes that Gold should appreciate steadily going forward… It makes just as much sense that the Governments of the World will CONTINUE to suppress the price of Precious Metals in hopes of controlling their paper bound futures.
Now, just because I believe that Gold’s price will be suppressed and that the pressures of taking physical delivery have not really caused the strife pontificated by “O” so many here… or that the constant buy! Buy!! BUY!!! Gold Chant! no matter what the price and Food be damned! Well I don’t think that the Gold Salesmen here should get a free pass for fear mongering people into purchases. Its just and opinion with sourced and sited information to go with. It is a Free(ish) Country and you can buy whatever makes you heart pump faster.
Good Luck with $1,250 and oz. Gold!
Sincerely, JW
That is your best argument against gold yet. You are getting better. No sarcasm intended. One scenario that you haven't touched on is : if the world economy doesn't get better and people with a lot of money start losing confidence in the markets, if markets start plummeting to new lows , and heading towards the lows of 2009 then you will see gold escalate dramatically. If those lows are surpassed then you will see more gold escalation. Then you have the JPM investigation even though I don't see this becoming a real investigation you never know. A lot of people here are counting on one or more of these events happening.
Rick64,
I am not here to hurt... I am here to help with the facts when and where I can... now my delivery has been questioned, which reasonably mmay need some work... but the intent is pure and the logic sound... or until someone talks me out of it.. which no one has to date.
This site should be a bastian for truth and a resource for any who choose to visit. Not a hell hole of doom and gloom, Buy Gold the end is near... but, there are a LOT! of facts that do point that direction.
I stand by one of my first statements on Gold Salesmen here... Fuck them!
Have a great weekend Rick, JW
Do you notice that most long term GOLD charts start at 1999? Isn't that the same thing? I mean, missing the 75% nominal drop since 1980 is hardly truthful in itself.
Not to mention when you figure in inflation, the 75% drop was much larger than that.
I wonder what will happen to gold THIS time when the economy gets better?
Another 75% drop? More?
Johnny Bravo,
Are you saying that when the economy is strong that the price of Gold, historicaly drops? Well that why they Junked you... More Facts and Numerical Truths... these are the same people that Voted for Bush becuase he was a conservative. No worries Johnny you hang in there... the truth is always and ugly thing and the barer of bad news is always balmed for the news... I understand Johnny that you are NOT JP Morgan and that you Johnny are not forcing the Price of Gold down, but becuase you mentioned the facts... some will of course treat you like you are JP Morgan and that everything is your fault. Sublimation, dispalcement... they are angry and should be about the facts but then kick you are act out like 3 year olds having tantrums for the fact that you cared enough to take the time to share the truth with them. No Good Deed! goes unpunished... you taking the time to share and be honest to hellp educate the ignorant does nothing but light the fuse for some...
You Care Enough to Share!
You Care Enough to be Honest!
You will be Junked for both.
Most of these people like the lies, they want to read want they want to be true... NOT! the truth!
Hang in there Johnny, the truth will set you free and maybe you reach some people and help them see the truth verse what the out of work used car salesmen pontificate about to drive the price higher or to make a sale.
My VERY! BEST! to You and Yours Johnny, JW
Careful what you ask for, pal. http://www.inflationdata.com/inflation/images/charts/Gold/Gold_inflation...
on Fri, 05/21/2010 - 15:29
#366550
Careful what you ask for, pal. http://www.inflationdata.com/inflation/images/charts/Gold/Gold_inflation...
zhandax,
"O" My! You! Will! Be! So! Junked! for posting numerical facts... and / or the truth by the Gold Bugs!
I will Thank You for posting facts and I may even use said fact in rubbing someone's face in the numerical truth provided by You, zhandax.
May you have a Fantastic weekend!
My VERY! BEST! too You and Yours zhandax, JW
Why did it drop this much in the 80s?
The federal funds rate, which had averaged 11.2% in 1979, was raised by Volcker to a peak of 20% in June 1981. The prime rate rose to 21.5% in 1981 as well.
Yeah, gold will drop when Bernanke raises the interest rate to 25%.
The last time the economy got "better" (2003), gold just kept going up. This is because it's not getting better, it's snowballing.
................
How do you get a top from those charts?
You pretend gold is a bitch and try to flip it. No when you look at the 30 year charts and you see the moving average curve steepen. It forces the money masters to fractionally reserve the gold another ratio. So you'll see the system go from 100:1 ratio it's operating at right now to 200:1 ratio if gold moves too high. Of course nobody will be watching so it will continue to work. It's not like you have a million awake people stuffed up your ass with microscopes and mass spectrometers weighing and measuring your fucking souls. :)
Thx, JSK. 2 months ago, our financial advisor (from MS) who oversees our retirement accounts (we're a subchapter S corp) presented our quarterly performance and he was quite pleased with the results and encouraged us to be pleased as well. I raised the issue of purchasing PMs and he gave a very derogatory answer and said, "...if you feel you must buy PMs, then GLD is the way to go."
Sadly, my company mates are not interested in PMs on a large enough scale, so my interest in PMs has been sated with personal and private purchases.
You should probably fire your 'financial advisor'.
I wish. But, no can do. I'm only one of six votes and the others are either indifferent, unrealistically optimistic or paralyzed with uncertainty. The FA keeps saying: "look how much your accounts have regained!" and my retort is "we haven't cashed out YET, so the gain is illusory!" Then there's an awkward silence and we move on to the next topic on the agenda....
Ugh.
And you're the only one of the six that is going to lose money.
The others know that PMs are in a retail-investor-fueled bubble.
They know that you don't buy assets at the top...
Douche.....
A bubble you say?
http://2.bp.blogspot.com/_1V7wnZxPqok/S9VVq1Grr2I/AAAAAAAAMuQ/KpQUtOVebws/s1600/gold+bubble+2.gif
on Fri, 05/21/2010 - 11:48
#365945
A bubble you say?
http://2.bp.blogspot.com/_1V7wnZxPqok/S9VVq1Grr2I/AAAAAAAAMuQ/KpQUtOVebws/s1600/gold+bubble+2.gif
Dr. Acula,
Maybe peak(ish) would have been a better term...
http://goldprice.org/30-year-gold-price-history.html
Try, try again?
or....
"What's up doc?"
Johnny has it right, maybe a lil difficulty spitting it out... but I have no problem throwing up all over you for him.
O.T. Love the name.. really.
Excellent!
Ouch. You're supposed to slap the guy around a bit. Not take him out with one punch.
http://www.youtube.com/watch?v=LSz5-fhZznQ
nice, verrryy nice
that's a good one.
<...shrugs shoulders...> If you say so, big guy....
Gold is up versus lean hogs and whatnot because gold is in supply decline.
That's responsible for the price trend. Stocks are not in supply decline.
But ponder this: If science now has the ability to create "life", how long can it be until they can breed gold.
and demand is increasing as demand in paper is declining.
and the ponzi gold schemes will be broken, some day...hopefully this cycle
If supply really is declining, and that is perfectly possible, then we are probably going to enter the biggest bull run ever, since uncertainties and declining supplies will combine to push the price of gold into the stratosphere... and keep it there.
Is it just me or when people are jumping up and down screaming rally.... isn't there supposed to be some UPWARD! Movement?
How about just a lil bit of UPWARD! Movement?
No UPWARD! Movement and in fact DOWNWARD! Movement is not a rally! Well, unless you are a Gold Bug!
I read... "Stupid is, as Stupid Does!"
Hurry... Limited time only!!!
Buy into the Gold Bubble...
But hurry! Before prices dip any lower!
Don't be left out!
Don't be one of those who Bought Low to sell High!!!
The End is Near... We are waiting on your call... 1 (800) You-Idiot or 1 (800) Gold-Bug
Republicans, Evangelicals and Sheepeople get here fast!
Before...
The Uni-Bombers, Rapture Crowd and / or other idiots steal your top spot!
Remember Gold will not be at all time highs forever! Hurry and buy at the top!
For a limited time only we will offer You! For! Free!!! a “How to scare your friends and family into buying Physical Gold!” kit, as taught by an out of work used car salesman! A $5.00 value for free!!!
Remember that the End is Near!
Don’t get caught Buying Low to sell High!!!
Ignore the 30 year charts at all costs? http://66.38.218.33/scripts/hist_charts/yearly_graphs.plx
And, it should be pointed out, gold has lost ground to inflation from its 1980 peak of $850 to now. Adjusted for inflation, $850 in 1980 would be $2,221. Those who bought gold during the last inflation scare are still waiting for the big payoff.
http://www.inflationdata.com/inflation/images/charts/Gold/Gold_inflation_chart.htm
JW you are ignoring the fact that until 10 years ago Gold was under Central banks cartels.
They fixed the price of gold for more than 29 years( from 1971 to 2000) .they lost control in 70's during oil crisis, then again hold the control, you should look after 2000 to see the actual performance.
You have to learn the facts and then come back here and post this shit article that you did few days ago.
Until you learn the fact we will keep you in the Fed wagon and junk you.
cbaba,
I will say this for the 100th time…
Gold! At its HISTORICAL PRICE HIEGHTS in the 1980’s… @ $850 an oz. is the Historical Bench Mark I use for the hypothetical max Height… based on the premise History repeats, over and fucking over… AGAIN!
Gold today, in 1980’s Dollars is $400(ish) an oz. and thusly half way to its modern day historical heights. Considering http://www.nypost.com/p/news/business/metal_are_in_the_pits_2arTlGNbMK7mb1uJeVHb0O & http://www.google.com/#hl=en&q=jp+morgan+gold+manipulation&aq=0&aqi=g1&aql=&oq=jp+morgan+gold+man&gs_rfai=&fp=fb1d4a66feaaf777 …. Considering the second is inclusive of us Conspiracy Nutz! The price of Gold is clearly suppressed….
I will give you two of the best arguments I have heard from people here..
1. “Would you rather have a million dollars in cash locked in a box for 10 years or a million dollars in Gold locked in a box for 10 years.” Or something very close to what I just regurgitated on you… The correct answer being, Yes Gold Please and may I have another.
2. During the deflation of an eastern bloc Country money supply… it was noted that Gold was not as important as things to barter with.
3. *****One more for effect… *****Gold is to be used as something that can buy you out of wherever you are too some place new that does not have issues.
I think that Gold is a good idea… but. not before ammo and food, nor before thinking about being able to maintain your comfort beyond lights out… If you are buying for an investment it’s a risk verse reward thing… how many dollars out verses how many potential dollars back in… if you are looking at Gold from the ultimate Hedge perspective… please consider covering your other bases first…
I am no more anti-Gold than I am anti-bullets… But I do get up and go to work almost every day trying to navigate this fucked upside down reality we all are living in… The pricing model that you are using is at best incomplete and does not in this world of extremes allow for the potential growth that my model DOES allow for… You want to track and upward trend for 10 years great… have at it, Bulls away… buy! Buy!! BUY!!! I choose to look at the bulk of the historical data available and then after considering the largest risks (Government Price Intervention, Government Seizure http://en.wikipedia.org/wiki/Executive_Order_6102) and the dollar for dollar potential for return… 100% being the floor, thusly Gold at $1,250 is outside of what is reasonable… If you are using some type of leverage, along with some type of risk adjusted gain within 24 – 36 months… maybe? And that’s a HUGE maybe... but I clearly do not see the buy as the highest and best use of my dollars… Your dollars and your short term view are yours… I would encourage you to have a longer term view and be very careful based on this crazy World we share. Or, NOT! it’s a free(ish) Country!
I don’t know what shit article you are referring too, I post soooooooo many can you be more specific?
As for you keeping me anywhere? You are lying to yourself, but I understand times are tuff and you need to feel empowered… due to you lack of. So dare to dream a little dream if it makes you happy Sir!
Be well, JW
Check out the 10 year trend of the Dow from 82 - 92. Pretty good I'd say. You would have called that person a fool and they would have missed out on extraordinary gains from 92 - 99.
I like you Dude. You're honest as shit, and you post links to support your points instead of just spouting. But......... Are you EVER not pissed off?
on Fri, 05/21/2010 - 17:38
#366834
I like you Dude. You're honest as shit, and you post links to support your points instead of just spouting. But......... Are you EVER not pissed off?
ColonelCooper,
Bro... you made me laugh... yes! I am not always pissed off...
I come here... read something that I didnt know... and before I know it I am bashing someone over the head about something else? which is not kool... its not right... and I was raised better than that, as hard as that is to read into what I am jumping up and down about...
I am sorry to have offended you with my nasty, piss poor or pissed off shity attitude.. I am trying to work on it... I bailed out of the market yesterday, in total.. and thats a fucking heavy lift... But i feel better today and I am hopeful we all will get back to being in front of the slow moving idiots next week... or I hope for all of our sakes that it is a real option for us still... things are crazy even by crazy standards? if that makes any sense, sorry if it didnt..
It just feels off, all of it... I mean Tyler can post and site the synthetic pumping... but thats been going on for a while.. it is something else... I dont know and I cant put my finger on it... but Gold (physical) @ $1,250 an oz. is not sounding sooooo, soooooooo fucking crazy... and I like it when it sounds crazy to me becuase that means the lie is hanging in there.. Look I am all for a soft landing so that people broadly dont suffer a great deal or as little as possible... but I will be damned if that does not seem like the directon we are going...
Sorry to dump in ya Bro.. be well and my best to you and yours as always, JW
Don't fret Mister, if my skin was thin enough that anything you ever said hurt my feelings.... a good friend of mine used to use the term.... "big ole cow pussy."
You have my respect, even when we disagree, because you make an EFFORT to support your argument. Kind of the same reason I thank Leo for his time.
It just seems that you get so pissed off at the gold bugs....
Not that you give a flying fuck at a rolling doughnut.... Here's why I'm a goldbug... in my own little five figure world:
I'm a member of a construction union that provides me with an OVER THE TOP pension. One I'm not able to touch or control a penny of for another fifteen years. If I ever get to see it, I won't have a care in the world. But, I don't plan to actualize that pension money any more than I do my Social Security. Therefore I'm ultra conservative with my "egg money". If I'm wrong, and the economy pulls out of it,,,, I don't need the money I've put into PM, then my kids or grandkids will find the crazy old fucker's treasure long after I'm gone. But if things really do go to shit.... at least there's SOMETHING. This is the ultimate hedge for me. Price goes up $100, down $150, I don't pay much attention. I just buy a little every week. About 60-70% gold, the rest silver. If I'm right... I can buy a few gallons of gas and some seed every year til I die.
I'm not sure I even qualify as a "GoldBug". Before I even started into PM's, I bought an extra chainsaw. Along with a thousand other things. I have also invested in farm equipment, firearms, food storage, tools, household (canning, preserving) equip, medical supplies, and even Charmin. (I now have a 196 "R rating" in my attic)
I think there are more of us like me on ZH than you think. We don't think of gold as an end all to be all... BUT we do gain a certain satisfaction (peace of mind) knowing that we have SOME, and that it will be worth something.
I agree that there are some fucked up, window licking, short bus riders here who will starve to death on their pile of Eagles. Let them gloat. they're missing the whole big picture. Don't waste your energy. They aren't worth the shit on your shoe. "DON'T FEED THE TROLLS". The first time I called you out, you answered back with a couple of vague details about plans for your family. (and some equally vague scenarios about the gang rape of my wife and daughter. ROTFL) +1,000,000. That means your priorities are right where they need to be: Family.
I'm not preaching at you, I just hate to see you waste your energy.
Good luck to you and yours also. We're all going to need it. If you ever think about going north instead of heading for islands for a retreat, let me know.
Family, the REAL! treasure that all of us suffer… and enjoy depending on the day, is what we all should be planning for. I will freely and openly admit that I use shock tactics with regard to drawing attention to what I think we all should put first… Forgive me, please… for my use of shock tactics or using you as a spring board for my message.
I love the fact that you are as nervous as I am, I feel not so all alone in my plight. I honestly hope that the powers that be can provide a soft landing for the Global reset of energy costs we are all suffering now. For me, it’s not peak oil… it is however peak affordable oil. Light sweet crude is not what it used to be, with regard to availability. Or more accurately, available in areas where we have control over the production so to control the strain on global pricing.
I see the protections afforded to our Countries biggest (maybe not best in all cases) companies… The 0% Fed window, TARP squared and so on… But I don’t see any organic organization or rationalization for promoting the real fight. Fuck real information is available but not pushed, the side show of Wall Street being crooked… Wall Street has always been crooked! It’s nothing new.
Here are some video’s… watch if you want… I don’t think you will be disappointed in the content. I will say it does support my position, broadly… not all of the information is great but most of it is.
http://www.youtube.com/watch?v=wYuLjGQQ-jg&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=132
http://www.youtube.com/watch?v=JaF-fq2Zn7I&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=161
5 Billion Barrels of Oil… http://en.wikipedia.org/wiki/Orinoco_Belt Obama the Commie kissing and hugging that other Commie down in Venezuela… ever wonder why, other than the Fox News spin? Now you know. Iran as well… both have what we need to control the World Peace that trade guarantees.
http://news.bbc.co.uk/2/hi/americas/7751562.stm
http://www.washingtontimes.com/news/2010/may/20/russia-iran-nuclear-reactor-ready-aug/
So now that we have a clear paper trail of WMD capability… we don’t have the same issues we suffered in Iraq. Good to go and we of course need that Oil!
The $70 a barrel oil price… for drilling down 7,000 feet of water and then yet another 5 fucking miles of rock… does not equate to $70 dollar a barrel oil… how many, before the expensive outweighs the sweet light crude? Take a look at operational wells in deep water http://www.deepwater.com/fw/main/List-by-Water-Depth-77.html now figure out the depletion rate of 4 million barrels a day and you can without the use of magic math, figure out that $70 a barrel oil is a Bigger lie than the price of Gold. A MUCH BIGGER LIE!
I hope this gave you some information for thought, I do wish you and your well… as always and my sincere apologies for using you as a spring board for my shock and awe Family First Message. From my vantage point, I see having to compete with the doom and gloom, thusly their own kind of shock and awe Gold Salesmen…
Here are some trinkets that maybe you have not thought of yet.. http://www.google.com/#hl=en&source=hp&q=solar+powered+roof+vents&aq=0&aqi=g10&aql=&oq=solar+powered+roof&gs_rfai=&fp=24dcba83212914a6
I would encourage you to think power, self powered if at all possible… and since you are up north.. if you have the space… tap into a gas well line (directly) and have some underground tanks installed… back flow preventers… natural gas generators… wind is not so readily available up north as it is within the Bermuda Triangle, or trade wind areas. I know this has to sound to some as dooms day type stuff… and it is, to some extent… but better safe than sorry. Good dogs as well… Family First!
You are welcome to Florida… and the Bahamas… Fishing abounds… cold weather is scarce! But here is to hoping that the World does not suffer because of the ignorance and greed of man, AGAIN!
Your noisy Buddy down South, JW