What I'm Reading This Week: Commodities, Inflation and BRICs [View article]
Peak Oil--Have we passed it?...When will we reach it?...What about the oil yet to be discovered in deep waters using technologies just now becoming available?...What about the oil to be discovered on our own coastal shelf and ANWAR?...What about our own thousands of wells 'shut-in' in the 80s?
Fighting over Peak Oil is getting us no closer to a solution.
However, the fact that worldwide demand for oil is exceeding (present) supply is resulting in higher and higher monetary and social costs to meet the world's need of oil...thus clearly forcing us all to the realization that the world must broaden its energy sources to include wind, solar, biomass, nuclear, tidal, geothermal (and any I forgot to list).
The higher cost of oil will be its own demise (thankfully). The sooner we bring more alternatives to the marketplace, the sooner the cost of oil will fall...and the sooner we will have a foreign policy that actually represents our national values.
Market Bottom Already? I Don't Think So [View article]
Well done. I very much appreciate a well-thought out position (either pro or con). Questions: (a) Have you considered that Congress may be on the verge of some sort of bail-out for mortgage holders?; and (b) have you considered that the markets tend to look over the immediate problems to what is the most likely situation 6-months out?...If either/both of these come into play, how would it moderate your position?
What I'm Reading This Week: Commodities, Inflation and BRICs [View article]
Fighting over Peak Oil is getting us no closer to a solution.
However, the fact that worldwide demand for oil is exceeding (present) supply is resulting in higher and higher monetary and social costs to meet the world's need of oil...thus clearly forcing us all to the realization that the world must broaden its energy sources to include wind, solar, biomass, nuclear, tidal, geothermal (and any I forgot to list).
The higher cost of oil will be its own demise (thankfully). The sooner we bring more alternatives to the marketplace, the sooner the cost of oil will fall...and the sooner we will have a foreign policy that actually represents our national values.
What I'm Reading This Week: Commodities, Inflation and BRICs [View article]
EFA More Attractive Than SPY [View article]
I'll consider this to be "news I can use".
Market Bottom Already? I Don't Think So [View article]