FoxV

The World's Revenge

"The usual political partisanship, 98% criticism-2% solution. And the 2% is buy gold,;not exactly a big revelation!."

well here's an idea to expand on that 2% there's another piece of investment advice which is more shunned these days than "Buy Gold" and is a good hedge for inflation and political uncertainty and that's investing in efficiency. Or in even broader terms, "Anything you can buy now that will save you money later"

Obvious examples:
Hot water blanket
Attic Insulation
Energy star appliance (if replacing a very inefficient model)
Yada yada yada...

Not so Obvious examples
Bicycle (or Transit pass for those with long commutes)
Gourmet cooking class (for those that eat out a lot)
Home Nail polishing kit
Whatever...

Not only do some investment in "efficiencies" have ridiculously high returns (up to 100's%/year), but because they also mean you spend less on future price increases, they automatically have TRUE inflation protection baked into them (not just the joke reported in CPI reports)

anyways, a bit off topic, but I thought worth mentioning.

The World's Revenge

"Hey Fitz, I looked and cannot find FoxV's comments concerning SDS...."

just noticed that as well. Maybe they were deleted because I was insulting to Extreme sportists, or perhaps to high margin daytraders, or maybe both. In anycase I'll sum up.

Ultra funds:
- VERY VERY volatile, not for the faint at heart
- In USD so will depreciate with the USD
- If S&P goes up from inflation, Ultra funds (lose price + lose value) X 2
-use leverage and derivatives so have "Counter party" risk (Big concern in my book)

best investments for our current times is commodities and foreign countries with good economies.

Good Luck all

In Light of Peak Oil, Financial Diversification Is a Bad Idea

A little bit too late to be constructive in this debate, but certainly useful information for those that happen to pass by

Here's a little reality check to those that believe the future will merely be a brighter version of today
"Brazilian Oil Finds May Cost $240 Billion to Develop"
www.bloomberg.com/apps...

And to think they want these fields pumping by 2009. In the middle of a credit crisis? They'll be lucky if they have financing by 2009. And guess what, once they have financing, the estimate will be raised to $500B. And thats if nothing goes wrong in the meantime
en.wikipedia.org/wiki/...

If we see a drop of oil from the fields by 2012 I'll eat my hat

In Light of Peak Oil, Financial Diversification Is a Bad Idea

Brian Pursley - "Allow me to introduce you to some new friends of mine named Barracuda, Caratingua, Tupi, Jupiter, and Carioca."

So you're suggesting that the ultra deep, with no current technology available to exploit Tupi field will replace Cantrell that bubbled up from the ground?

Keep smoking

In Light of Peak Oil, Financial Diversification Is a Bad Idea

Brian Pursley - "Global production was 85.9 million bpd in February of 2008. Peak oil?"
woohoo, that beats the 2005 peak of 85.5mbpd. Glad to see that a 100% increase in oil prices has brought on additional 0.5% more oil into the market. I suggest you familiarize yourself with the production rates of some old friends of yours such as Cantrell and the North Sea.

There will always be oil on this planet. Its just that you won't always be able to pay for it