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  • Is Crude Oil a 'Bubble' Ready to Burst?  [View article]
    Want oil prices to come down? Start greasing the skids for the world's first offshore coal-fired electric utility.

    Feel free to pump the relatively benign CO2 through beds of algae if that it is what's necessary to assuage in-country, blame-America-first, anti-capitalist, global warming fanatics and alarmists (cheerleaders all for their dreams of the one great collectivist world order), if that is what is necessary to combat out-of-country energy-monopolists.

    The relatively low price of coal is the biggest weapon available to America, India and China, when and if it comes down to a fight for economic survival. Since the US is the Saudi Arabia of coal, it's long past time for the leadership of the country to start getting positively charged about it.

    If the leaders of the nation will simply vote for public servants in the House and Senate to put America first--and kick all of the other rascals out--that alone will put a big dent in the every oil barrel thereafter.
    May 30 17:43 pm |Rating: 0 0 |Link to Comment
  • Yield Implosion Muddies Currency Waters [View article]
    What to make of this: "When money moves in and out of any commodity, it tends to do so at breakneck speed," from the article? What's happening here? Are you saying liquidity is so tight, the velocity of money is being kicked in the rear, harder and with more desparation than a company's controller squeezing A/Ps down to 31 days because the company's line of credit is tight? Is so, then the global economy needs more greenbacks. If you saying people with options choose "short" the dollar by exchanging for bank balances in other currencies ... then, at this point, I would call that nothing but speculation--perhaps a well-financed speculation--but likely as prescient as investing in Global Crossings at the top of the Dot.Com.
    May 14 22:12 pm |Rating: 0 0 |Link to Comment
  • U.S. Monetary Policy: Defending the Status Quo [View article]
    Europe, Japan ... all helped more directly -- by ponying up bucks -- to help Bush I bring order to the Middle East. Europe is so moribund now, that under Bush II, Europe can only help in this very small way of not griping too much as US exports become more competitive.
    May 13 20:00 pm |Rating: 0 0 |Link to Comment
  • Fading Glory: The Dollar as the World's Reserve Currency [View article]
    For sure China is doing things that cannot be done in the U.S., e.g., adding every year the equivalent of the UK's entire nuclear energy production, mining coal--and buying coal from the US--and of course using coal to make energy, builidng oil refineries too. A oil refinery has not been built in the in the US in 30-years.

    The left in the US is anti-business, anti-religion, anti-personal liberty. The left in China is just the same, except that, it isn't anti-business.
    May 04 23:40 pm |Rating: 0 0 |Link to Comment
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