drooyrich

Stagflation and Peak Oil: How Related Are They? (Part II)

Johngonole, NO NO NO - it is not a matter of price - your sentence regarding alternatives "So first oil prices will go higher then they will become viable" is wrong - this as I said is the common reasoning of economists - but it is not a matter of price but of EROEI ! It is thermodynamics and these is not free lunch - what to do to get out of the mess we have all put ourselves because of our lack to reacognize the issue? Ban pick up trucks today, force people to use smaller cars, electrify our cities with public transportation, invest in railroad, invest in nuclear technology immediately, invest in coal - we need a marshal plan and MAYBE we will come out without much pain - otherwise, think doom and gloom, our society will come to an abrupt end in less than a second -

Stagflation and Peak Oil: How Related Are They? (Part II)

Johngonole, NO NO NO - you see, your sentence " first oil prices will go higher then they will become viable" refering to alternative energies is exactly the wrong argument that economists are refering to - only if EROEI is positive then the alternative technology is viable and makes sense economically in the long run - otherwise you are just throwing away your money ! Please re-read the example of the apple tree !

Stagflation and Peak Oil: How Related Are They? (Part II)

user, can you get into stocks ? If yes there are a multiple of stocks, traded in Canada (get out of the dollar while you can) like CEF.TO (linked to gold and gold stocks - I think it pays a dividend), U.TO (linked to the price of Uranium), for Gold-silver-palladium-... play, I suggest to play on the following stocks: GG, SLW, PAL and SWC all on NY stock exchange OR Toronto stock exchange (I think better) - of course, you will have to follow and do the buying and selling accordingly - regarding some oil related stocks, definetly the CANROYS like PBH, HTE, PWE, PVX and PBT and also I would not forget for coal FDG - good luck to you !

Stagflation and Peak Oil: How Related Are They? (Part II)

Thanks Larry for the article, when I get up every morning I think about stagflation and peak oil and how to protect and take advantage of these two tsunamis, the latter being of outstanding proportions..you separate the two issues but infact I believe them to be very closely related..being a I oil chemist, I understand very well the products that come out of oil and the relationship between oil prices and inflation..basically, everything we consume and eat is based on oil - everything; when recommending companies, I would of course avoid the heavily in debt ones, indipendently from the area of work..lastly, together with swiss associates, I am going to launch a new fund called Thermo-dynamics which is going to exactly capitalize on peak oil and stagflation and how to profit from these two tsunamis which today are still out of the radar of major investors and Hedge funds. Our plans are to get into and play this theme untill 2015-2020. Why the name Thermo-dynamics? Well, since I am a chemist, basically I refer to Thermo-dynamics which is the branch of chemistry and physics which studies the laws of the transformation between energy and heat, which by the way is the basis of the motor engine of today and our suburbian civilisation - the economists believe that when the price of oil will reach higher levels, lets say 250 $ / barrel for example then alternative technologies will come on line and replace oil - nothing is more untrue but economists always and only think in matter of money; in reality, if the energy input is higher than the energy output, it does not make sense to move forward since you are consuming more energy than what you are receiving - in synthesis, the laws of thermo dynamics say there is "no free lunch" as opposed to the mentality of the herd which cannot and will not believe this. Blame it on the arabs, on the evil speculators (who by the way have been shorting oil since 100 $), on the seven systers and the three brothers (only kidding), on the Russians or Chinese. I make another example; you are hungry; you have a tree with apples in front of you - first you pick the apples than are the nearest - if the effort you put up to get the apples far away is higher than the BTUs (energy) that you receive, it does not make sense to get those last apples - peak oil is exactly this; we might have still billions of barrels underneath the oceans or Artic but a great % of them will not make sense to recover since the inputs to get them out (in terms of infrastructure, trasportation, refining etc.) will make them worthless. I hope people start waking up to this because this is the single most important issue that is going to strike the world in the next 5-10 years. Protect yourself, your children, your loved ones by at least protecting your wealth - if you need more info, send me a mail at [e-mail]