incandoitdon: What I mean in my writing is how on earth are you gonna change anything to do with this economy or country. The President, Federal Reserve, Military, Hillary Clinton, John McCain, Barack, nobody can change what is about to happen with our energy crisis. I have been invested in oil since it was $30 a barrel in 2000 and I keep listening to everyone say it is speculation and that oil will pull back. Well I just do not believe that anymore. Oil is going to keep rising until we fall into a great depression (GLOBALLY) and we no longer have demand or supply issues. We have wars were Middle Easterners are trying to blow up pipe lines and terrorize the world because we do not have the same beliefs as they do. Osama has taught them how to hurt us financially. I think we need to start playing dirty. If you want to blow up a pipe line or kill someone and you put it on a website and brag about it then the US should blow up a religous interest of Al Qaeda's and put it on CNBC and laugh. Screw that politically correct crap, we need to grow some balls as a country and stop letting foreigners try to change our religion, language and beliefs.
Try to make money where you can in the market, speculation is a good thing if you are invested in a part the economy that is going to head north with or without speculation. You and I are not in a position to change our energy policy. We will not be able to do shit about rising oil except drive less and hedge yourself against rising prices by buying stock in oil drillers, oil service companies and gold. It's not that I do not give a damn, it's that it does not make a f-ing difference. So invest smart and make some money before the shit hits the fan!
What I do not understand, why is everyone arguing weither oil is speculation or peak oil. While all you waste your time debating, you should just invest in the so called speculation and make yourself some damn money. Oil is at a "peak" for the production of cheap oil, not oil production in general. Be smart and make money off what is happening in the economy. We all need to stop watching the talking heads on cnbc. The media reports what the people paying them what you to hear. Just like the presidential candidacy, the candidates pay to have the media travel with them and report what they want you to hear. After the media writes their articles and make money they then pay back the candidates. That's how cnbc and the rest of the networks operate. Get away from group thinking and read and educate yourself about what is really going on. I come home every day from work and laugh at all the dumb asses who think oil price is speculation. Speculate $137.00 oil when fill your car with gas next time. I am going to speculate all the way to the bank!!
$200 Oil - Who's Going to Pay For It? [View article]
The bottom line is our society cannot pay $200 oil. So at some time or another we will convert to other forms of energy but not until major damage is done. Then tons of money will flow out of oil and into solar, wind, nuclear, coal and geothermal. We know this, so prepare now and invest before Wallstreet comes racing to the game. Petrobras, First Solar, GE (one of the largest investors of wind and cheeply priced) Petrochina, Schlumberger, Sasol,Cameco, and Agnico Eagle mines will be great investments in the next 5-10 years check it out!
Goldman's $200 Oil Call and the Hurricane Premium Theory [View article]
We are in a recession with 1.5% growth rate and oil is at $110 dollars a barrel. It will be much higher when our growth rate is about 5% or 6% in a couple years and inflation is at 15%. All the analyst have been saying for years that oil will trade around 30 to 50 dollars a barrel, including Goldman. In see oil around $250 to $300 in the next 5-10 years without a major terrorist attack on pipelines. Peak oil is getting closer and we do not have infrastructure to support anyother form of energy on a mass scale. Buy gold,oil services and drillers to offset inflation.
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
The Fed is going to cut rates atleast .50 % . The best thing to do in the short term is to buy gold. Gold is so cheap compared to what it cost in the 70's. We will see $2500.00 Gold or higher. It is and has always been the hedge against inflation and a falling dollar. We will most likely see the same thing happen in all commodities and worst of all oil. It 's not bad enough that we are facing supply shortages that are only growing , but now we are seeing hedge driven invesments to offset rapidly growing inflation. Inflation I believe will be above 15% in the next two years. Make your money now in precious metals, oil services companies and drillers. I also like alternative energies, we will see growth of a 1000% in the next 5-10 years. Look to the large industrial solar companies that are finding ways to reduce solar costs. Coal would be a good economy booster for us also. We have alot of it and in the near term and it would quickly reduce the cost of oil. Coal liquidfication is a rapidly growing industry and it burns as clean as gasoline. The US has had this technology for years. It would also create alot of jobs right here at home and all the tax cuts that go to big oil, could go to alternative energy, no matter what kind of alternative energy we use. Our worst enemies are( Middle East) becoming in control of our economic growth and futures. This war is becoming the war of the have's and have nots, and we have not any oil!
Black Gold or Yellow Gold? [View article]
What I mean in my writing is how on earth are you gonna change anything to do with this economy or country. The President, Federal Reserve, Military, Hillary Clinton, John McCain, Barack, nobody can change what is about to happen with our energy crisis. I have been invested in oil since it was $30 a barrel in 2000 and I keep listening to everyone say it is speculation and that oil will pull back. Well I just do not believe that anymore. Oil is going to keep rising until we fall into a great depression (GLOBALLY) and we no longer have demand or supply issues.
We have wars were Middle Easterners are trying to blow up pipe lines and terrorize the world because we do not have the same beliefs as they do. Osama has taught them how to hurt us financially. I think we need to start playing dirty. If you want to blow up a pipe line or kill someone and you put it on a website and brag about it then the US should blow up a religous interest of Al Qaeda's and put it on CNBC and laugh. Screw that politically correct crap, we need to grow some balls as a country and stop letting foreigners try to change our religion, language and beliefs.
Try to make money where you can in the market, speculation is a good thing if you are invested in a part the economy that is going to head north with or without speculation. You and I are not in a position to change our energy policy. We will not be able to do shit about rising oil except drive less and hedge yourself against rising prices by buying stock in oil drillers, oil service companies and gold.
It's not that I do not give a damn, it's that it does not make a f-ing difference. So invest smart and make some money before the shit hits the fan!
Black Gold or Yellow Gold? [View article]
$200 Oil - Who's Going to Pay For It? [View article]
Goldman's $200 Oil Call and the Hurricane Premium Theory [View article]
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
Gold is so cheap compared to what it cost in the 70's. We will see $2500.00 Gold or higher. It is and has always been the hedge against inflation and a falling dollar.
We will most likely see the same thing happen in all commodities and worst of all oil. It 's not bad enough that we are facing supply shortages that are only growing , but now we are seeing hedge driven invesments to offset rapidly growing inflation. Inflation I believe will be above 15% in the next two years. Make your money now in precious metals, oil services companies and drillers. I also like alternative energies, we will see growth of a 1000% in the next 5-10 years. Look to the large industrial solar companies that are finding ways to reduce solar costs. Coal would be a good economy booster for us also. We have alot of it and in the near term and it would quickly reduce the cost of oil. Coal liquidfication is a rapidly growing industry and it burns as clean as gasoline. The US has had this technology for years. It would also create alot of jobs right here at home and all the tax cuts that go to big oil, could go to alternative energy, no matter what kind of alternative energy we use.
Our worst enemies are( Middle East) becoming in control of our economic growth and futures. This war is becoming the war of the have's and have nots, and we have not any oil!