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Black Gold, Yellow Gold, Silver.... the three legs of the stool on which the ponzi is balanced.
With such volatility in all three, can tipping point be far?
Not far at all I feel.
Changed your tune to include Gold also? Previously you were all silver, asking people to sell Gold and buy silver. A lot of people would have lost money, if they followed that.
If you haven't listened yet...............
I put more credence to Eric Janzen of iTulip.com. He was the first to call a bull market in Gold before all the others in 2001 right along "ANOTHER".
War for oil is coming...time to eliminate the middle man. $50 oil would do WONDERS for the worlds economy. They were fools for not raising output. Gotta have those indoor ski centers, the highest hotel, and islands that look like palm trees...ALL on OUR dime! Fuck you ME, OPEC nations...you're price is too high, we're REALLY fucking desperate...we're coming to take it.
We're trying it the "peaceful" way...changing out the government. We're trying to put in ANOTHER American owned government...that doesn't cost as much as the old one did...that will allow us to "take" their oil...and allow military basing. Baring that...invasion...it doesn't matter who is in charge or who wants control. We'll invade and set up OUR government. Iran is the stickler but not a problem. We already own Iraq and Afghanistan. We've got tham squeezed.
China will play along of be decimated...financially. All debts to China ERASED...Europe and the US...all contracts void...shipments to be sent to the "allies" instead.
It's perfect and our only way out of this mess. War to take over the ME oil. Russia would be pissed too...and I'm not sure what they will do. Maybe we'll just split the ME oil reserves...50/50...Russia/China, Europe/America. Think of 1/3 the debt instantly erased. Think of $50 BBL oil again. <$2.00 gas! AND they can demand...and get...austerity too! To support the "war effort".
I'm convinced...war is inevitable...by the end of the year?
Sounds to me like Gold Core is always cheerleading commodities
I fear I'll be an old man before the tipping point ever happens.
Buck up, Soldier ! I am an old, white man....but I think I'll live to see the collapse ! Think of all those poor coots who showed me and others the way....then passed away ! We'll have to enjoy the collapse for them, too ! Monedas 2011 Nominee for Hoarder's Hall of Fame !
Perhaps. However, it is my opinion that in the current environment ownership of physical precious metals will outperform any kind of paper asset - if not for anything else, because value will never drop to zero.
Disclaimer: if you don't have the ways to survive sometime (insert anything from a week to two years here) without visiting the nearest 100-miles-away-store you are doing it wrong, wrong, wrong. And no, precious metals and/or cash are not security. Remember always that you also need water.
So that's why those solar panels are so expensive....still ! They've "Got Silver ?" ! Thanks, Idi-O-Bama ! Keep pushin' 'em ! Monedas 2011 Worldwide Fiat Ponzi Scheme....From our Socialists to yours ! Enjoy !
Has anyone noticed a new silver correlation with EUR/USD, which is kind of interesting?
It also shows Russia’s increasing power on the world stage. Russia is the only country to have increased oil production in recent years, as OPEC exports have fallen.
another stupid lie..
Russia didnt increase nothing...
oil export is flat from 2005, gas export is dwn 10%..
see official data
Russian Federation: Crude Oil Exports, 2000-2010
Russian Federation: Oil Products Exports, 2000-2010
Russian Federation: Natural Gas Exports, 2000-2010
Crude oil exports are more or less flat, however, oil product exports have risen. Now, to export more oil products you have to either increase oil production or decrease internal oil consumption. You can make oil products with out oil!
Wa-a-a-y better than Alka-selzer!! ( Sig.)
Don't cite export statistics to refute production statistics, which were in turn supporting a claim about market share- that is sloppy, if not stupid.
The issue is Russia's increasing share (hence power) of global petroleum production and exports. Incidentally, global production is basically flat for several years.
thesis was OPEC decreased exports, so RUSSIA increased production AND EXPORT.. well its bullshit ..
otherwise who GIVES A FUCK THAT RUSSIA PRODUCE MORE AND CONSUME domestically? in such case CHINA would be great oil power cause it imports more and more oil..
btw, please publish hard facts about Russian increase of oil production, urls please, or its just poinless factless blubbering
You are wrong - both in logic & on facts
Your original post and the link therein do not refute the claims actually made in the article. EIA data support the claims, so take it up with the EIA. Otherwise please stop your factless blubbering or stupid lies.
Total Oil Supply (Thousand Barrels Per Day & % of World Total)YEAR Russia Saudi Arabia 2005 9511-11.24% 11096-13.12% 2006 9677-11.43% 10665-12.60% 2007 9878-11.68% 10249-12.12%2008 9794-11.45% 10783-12.61% 2009 9934-11.78% 9760-11.57%2010 10134-11.67% 10521-12.13%
Exports of Crude Oil including Lease Condensate (Thousand Barrels Per Day & % of World Total) YEAR Russia Saudi Arabia 2005 5222-11.76% 7690-17.31%2006 5106-11.72% 7309-16.78%2007 5172-12.12% 6947-16.28%2008 5120-11.99% 7240-16.96%2009 5430-13.15% 6354-15.39%
Canada has also increased oil production in the past few years,
mainly through prodigious expansion of oil sands exploitation.
Amazingly, the US has also increased oil production, albeit slight,
through many smaller projects, such as horizontal drilling in the Bakken and EagleFord shale.
Now, can someone please explain to me why traders believe that the collapse of discipline at OPEC, their inability to impose and enforce quotas anymore, because
so many of their rogue members support Iran in their desire to pump like there is no tomorrow, is bullish for oil prices? What am I missing?
(besides, "down is up", "right is left" etc etc etc )
Because pumping like there is no tomorrow is not going to increase the overall rate.... Read up on what the Texas RR commission did when Texas peaked in 1970.... in essence, they said all production restrictions are removed....
guess someone likes to junk facts
Obuma's 4th war started with no mention on ZH, tyler you are slipping;; YEMEN we ain't coming back til it's over over there...
One can wonder what could go wrong with Yemen.
I think OPEC is producing at full capacity, or nearly full capacity. Therefore, they have little power to control prices. The countries like Saudi, Kuwait, and the UAE would like to keep the price low to prevent a recession and a reduction in demand. The price-hawkish countries realize thay they are at full capacity and want to raise the price. If I were them, I would raise it.
Those Iranians are a hoot!
Not only are they at the center of resistance providing a core upon which others to coalesce against the KKK/Bankster Empire but in the same day they also inform the banksters that they are tripling HEU production!
Oh say can you see!! The mushroom cloud over thee?
Break the banksters buck! Hell yes!
Liberty or death, bitchez!
All my normal BS aside, if you can't GTFO when the SHTF and oil supplies start collapsing (um, that's now, I guess...) -
Get yourself a small generator and enough *fuel stabiliser* and gas to last a few years. It's two or three hundred bucks to keep one guy in basic lighting, small CB radio, etc.
Even your car can run small appliances if you get a forty dollar power converter for the cigarette lighter, and use it sparingly.
Hand-cranked battery lanterns and radios are great too. Lots under five dollars.
Solar costs a bomb. Got large scale solar lighting - it sucks.
You can get water purification tablets and filters for one person at a hundred bucks for a year's supply. Collapsable water bladders (or soda bottles) will store tap water for 6 months if you add a few drops of bleach. (Read an online 'how to' guide first.)
Superb antibiotics, medical kit and diverse medicines, come in at under under a hundred bucks for a year, for one person.
Got land? Coppicing is a great way to grow firewood. Dirt cheap. Quick.
And my favourite: tinned corned beef will last five years, easily. No microbe wants to eat it.
Most canned goods will last WAY past expiration.
If the ends are not expanded, and the insides are not showing corrosion(flaking), good to go.
Any canned good.
Just beware ye urban dwellers.If you do STOCK up, you will be relieved of your supplies, if there is a shortage by the Federales.
Also, most likely you will not get to stay in your home.
So, be prepared for that rude awakening.
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