Windwood Trader

Thursday Outlook: Commodities, Global Markets

I'll bet they have cow flatulence on Mars as well.


On Jul 09 09:19 AM David Fry wrote:

> I'll go with Charles Krauthammer on this one who states: "I'm a global
> warming agnostic. It's obvious polluting the atmosphere causes all
> manner of problems. But there may be other causes and unless every
> country is on board a unilateral decision is economic suicide".<br/>
>
> Then there's BMO's Donald Coxe (an old commodity veteran) who argues
> that sun spots have a major effect on climate. In the last 18 months
> there has been little sun spot activity which has caused cooling--er,
> maybe even on Mars (snicker).

Tuesday Outlook: Commodities, Global Markets

The real question is whether or not the institutions are yet in the game. The ones I have talked to are still formulating a, ahem revised investment position. Their clients will accept the 30-50% drop.....once. After all we all drank the Koolaide.
A repeat performance, however would not bode well.
The little folks may be showing the way but same are pretty skittish right now.

Global 'Oil Shock' Rattles World Stock Markets

I am nowhere nearly as conversant as the author on the subjects of which he speaks. I look beyond the stated problems and the rhetoric to possible solutions. China and India are just whetting their appetites for the black gold while US consumption marches ever higher.

It hasn't been since Don Quixotic Jimmy Carter that US leadership attempted to lead the country in a lesser oil dependency mode. I will never forget one of his speeches as he, with his engineering degree in nuclear engineering said that people should look to atomic powered sea vessels- Especially submarines where hundreds of sailors for months at a time live and work a few feet from the atomic power-pile moving the ship without any ill effect on the crew. Further, he said that expanding nuclear power had the capacity to freeze our imported need of foreign oil indefinitely.

The oil industry successfully defeated any effort on the part of Jimmy Carter towards nuclear energy and Carter's successor Ronald let expire all the incentives towards alternative energy. Now our esteemed president is giving lip service to "reducing our dependence on oil."

Where are the hydrogen fuel cell powered vehicles? Where are the wind and solar development initiatives? Where is the disincentive to use gasoline? I guess it's the prices.

Where is the leadership this country needs? I don't see it among the contenders.