Iconoclast421

The Worst Case Scenario (Someone Has to Say It)

It's all about energy. The Fed can print all the money it wants. But if there is 5% less energy then the economy as a whole has to take a 5% haircut. However, the Fed knows this and that is why they are printing, even beyond what they are allowed to do under law. They are buying debt that is not government backed. They could pump the markets up to any level they wish, now that they've thrown down the gauntlet and thrown the rule of law out the window. So they can inflate GDP to whatever level they wish. But in the end the average person will end up paying more for a loaf of bread and a tank of gas than they can afford. The Fed cannot print barrels of oil. So the real economy will contract, but inflated dollars will push up corporate earnings, and that will push up the markets. It's the perfect scheme, and the only ones who get screwed are the poor and they're too stupid to figure it out. So in a sick and twisted way, this is social darwinism at work.

Is There Enough Natural Gas?

Why would you go through all the trouble of doing all those calculations just to waste all that effort on one fatal assumption? That fatal assumption is the same one that has been repeated countless times: you assume it is possibly to linearly extract an entire reserve over time.

Peak Oil: China vs. USA

I'm not sure why you're so big on natural gas. You do realize that oil, natural gas, and coal are all peaking at the same time? This happens because of price arbitrage. So they all tend to move as one. At least with oil we get a lot more warning and predictability. With natural gas we can lose 10% of production in a year and not even see it coming.

Why I Feel TBT Is About to Become a Goldmine

Defeatist attitude? You are not understanding the fact that it is impossible to retool our economy for energy efficiency without going through the pain of a period similar to 1930-1932. If we dont go through that, we WILL go through a period similar to 1943-1945.

If we keep going on with this foolish bailout, print, and spend mentality, then there is never going to be enough energy to grow our way out of this mess because we'll never stop wasting energy.

I would suggest that you are the one who is practicing apathy by limiting your thinking. I have explored ideas that can actually turn this country around. The link for my homepage is an example. But first there have to be enough of us actually living in the real world before we can talk about real world solutions.

Why I Feel TBT Is About to Become a Goldmine

It's a no-win scenario. You cant reduce oil consumption because the economy depends on it. If oil imports go to zero then we dont have a trade deficit, but we also dont have much of an economy left. It will mean 2-3 years roughly mirroring 1930-1932. But we also cant improve the economy because oil production is falling right along with demand, and pushing it back up through stimulus is just going to cause a bubble and wipe out yet another swath of the middle class. Which then leads to 2-3 years roughly mirroring 1930-1932. In fact, every available solution leads to 2-3 years roughly mirroring 1930-1932.

The only solution that doesnt lead to 2-3 years roughly mirroring 1930-1932 is a solution that required an awake population 5+ years ago.

Google: LATOC. That site has been around for years. It's your own damn dumb fault for not reading it, not listening. Karma doesnt reward ignorance. Depressing as it is, the only thing we can really do now is prevent Obama from going Adolph on us. But since that outcome is the desired outcome by those who engineered all of this, the chances are slim it can be prevented.

A New Goal for TARP Funds: Create Mutual Banks

It would kill off a million financial sector jobs, and probably make Obama fear being JFK'd, and it would ensure a depression. But other than that it is a good idea. lol. It's a much better idea in terms of long-term thinking. If this was done, the country would likely survive.

What Are the Chances Ukraine Just Hit the Second Great Depression?

It is just as easy to say back in 1929 that we wouldnt get multiple years of 30% contraction. But that contraction is already a matter of policy. It is inevitable. The banker bailouts. The stimulus programs. These will cause the larger contractions to come. It's already set in motion. After the ill-fated stimulus implodes, god knows what foolishness will ensue.

The market demands a contaction. At least 50%. At this point, any and all resistance to it will be literally a waste of resources. It is that waste of resources that puts millions into FEMA camps and body bags. In the interest of justice, I hope that those camps and body bags will be filled with ONLY those who voted for such a fate (by voting for McBama and the corrupt establishment). Unfortunately, history has shown that justice has its own agenda.

The Bull Case for Hedge Funds (Yes, Hedge Funds)

And hedge funds are also practically married to CRE. So basically you are saying that there is going to be no CRE bust. That's brave! Where did you find such arrogant confidence? Did you travel back in time to 2006? lol.

Three Inconvenient Energy Policy Truths

Not everyone faced with a $2 or $3 a gallon gas tax will switch to a more efficient vehicle. A gas tax remains the most efficient method of curbing conspicuous consumption.

Geithner!

Geithner is the head of THE most corrupt of all the Federal Reserve Banks. He sits at the very epicenter of this whole mess. It is the height of folly to bring someone like that into such a position. It is moves like this that compound the problems and ensure that the economy will suffer badly. Mark my words. This stuff is blatantly predictable. All the idiots cheering at this move will not be cheering after 6 months. Prepare for even greater engineered destruction.

Peak Oil's Bell Is Ringing

It is amazing the level of ignorance surrounding peak oil.

First of all oil and natural gas are abiotic. This should be obvious to any rational person who can comprehend the sheer amounts of the resources in question. There is absolutely no way any reasonable amount of biomatter could have produced these quantities of oil and gas. It is simply impossible for a biological process of any kind. It is completely ludicrous and there is absolutely no proof whatsoever that there has ever been even 1 tenth of 1 percent of the biomatter necessary to produce this much oil. Yes oil is most definately abiotic. However, it is produced in very small quantities each year, making it finite for all intents and purposes. Go to youtube and type in "conspiracy of science" if you want to Begin to understand where oil really comes from.

Second, and this is where people really show their ignorance: one cubic mile of oil per year is totally and grossly unsustainable. There is no question of that. So many dominoes have to line up in the proper direction just to get production that high. And now those dominoes are falling en mass. It is ending. But it will take a long time to go from our current one cubic mile per year production to the one cubic furlong of oil that we'll be producing 50 years from now. Note that even one cubic furlong is a heck of a lot of oil. There will always be some amount of oil production, and small pockets of civilization supported by it. But for the unwashed masses, there is only enslavement and dieoff waiting for them.

The third and most important point is that it IS possible to maintain an advanced civilization of 6-50 billion people given our current allocation of resources. The current economic depression is gifting us with the largest energy supply glut in history. But we seem doomed to fail to take advantage of such gifts. Instead we will allow ourselves to be controlled by eugenics and transumanist propaganda and misled into giving away freedoms and fighting wars and bla bla bla. The species needs to wake up and realize the level of control and power wielded by secret societies. This will ultimately be humanity's undoing. People cannot objectively look at themselves the way we look at an ant colony or a petry dish full of bacteria. That makes them extremely vulnerable to manipulation, including incredibly advanced forms of manipulation.

There are great occult forces at work, and it is possible and absolutely necessary to design a society in acknowledgement of these forces, in such a way that nullifies their power without ever knowing exactly who or what they are. It doesnt matter who or what the illuminati is. The force itself may not even be of human origin. But such knowledge is not necessary to nullify its power. Nothing in history has ever proven so fatal as willful ignorance.

D-Day: Does Deflation Draw Near?

They've been fighting the inevitable deflation for 5+ years now. In 2005 the threat of deflation increased as oil reached its plateau. The average daily crude oil production for 2006-2008 is down vs the average daily production of 2005. That one fact says it all. They knew it was coming, that's why Alan Greenspend printed trillions of dollars and inflated the money supply. Even with a 500% increase in oil prices, oil production is still at or below 2005 levels. And now production is collapsing. Deflation is absolutely unavoidable. Anyone who has been studying peak oil for the last few years should not be surprised.

Anyone who is surprised by what is happening now should go here:

www.chrismartenson.com...

Bullion Shortage and Spot Prices Tell Two Different Gold Stories

The above comment strikes me as completely nonsensical. There is a shortage of gold coins because the sellers are taking large losses on them. Why would you replenish your stock when the price is falling, just so you can lose money? Doesnt make sense. That's what makes deflation so devastating in the first place!

Bullion Shortage and Spot Prices Tell Two Different Gold Stories

No one has answered my question. They tried inflation in 2002. They printed 5 trillion dollars into a big bubble. It popped. They cannot print 5 trillion more and hope to fix it. Nothing close to that is going to happen. After 6 months, 1 trillion in new money wont even help the market tread water. Gold will not appreciate in a deflationary environment.

Bullion Shortage and Spot Prices Tell Two Different Gold Stories

The question is, how much of gold is a hedge against inflation, and how much of gold is just another commodity, subject to the same fate as all other commodities over the last few months? What is the percentage, and how do we calculate it? I'm sick of hearing about how the price of paper gold is manipulated. I know that gold is selling off because hedge funds and others are clearing out their positions to lock in profits and offset losses. And I know that many think cash is king right now, and that means selling gold. But I do NOT know how to calculate how high gold will go if say for example the price of corn drops 50%.

Furthermore, we just had a commodity bubble, so it's really hard to see the same bubble happening again.

It seems to me that they tried inflation over the last few years, starting especially in 2002. This is what we got as a result. A bout of inflation, and now an even more overvalued market. Even at 8000 it is overvalued, and now its over 9000 again!

So... now we are either headed to hyperinflation, or DOW @ 1600 and gold @ $90 per ounce.

IF we go the hyperinflation route, then this criminal cabal in washington will surely attempt to confiscate all gold, because we cant have any intelligent people profitting off their engineered destruction, now can we? Heavens no. And maybe that is ultimately why gold is not rising. It is just not a free market, and maybe gold is simply reflecting that fact.