The market will continue to drop, or crash, but it won't return to it's high's again--not for a long time if ever. The dollar's days as a reserve currency are ending and so is america's free lunch--we'll have to actually produce something to keep our dollar valuable now, and do this with massive energy dependence.
2 Reasons to Hold a U.S. Stocks-Dominated Portfolio [View article]
It may be true about America's success, but the Achilles heal is energy dependence on rogue states, and peaking of the worldwide oil output, which will cause resource wars among the larger countries. Worldwide oil output is peaking and the increase in oil prices is a reflection of that. Look at oil inventories in the U.S. and the replacement rate by the major integrated oil companies, and you’ll see we’re in for trouble. Buy Food, Gold, Guns and Oil service stocks .
What Can Possibly Explain the Price of Oil? [View article]
OPEC can't raise production because it CAN'T raise production. Their wells are maxed out so they just make it appear they aren't interested in raising output. High prices are very good and hopefully go higher so demand is cut for oil, hopefully giving us time to come up with a soft landing through new technologies. Think about it; if we start right now with the intent of weaning off fossil fuels, and we start putting wind mills EVERYWHERE, and have each group of wind mills create and store hydrogen to power vehicles with, then throw in as many dams as possible on each river, max the nuclear plants, and conserve like crazy, we might be able to pull out of this petroleum nose dive! Unlikely, but the only chance I see and if I was president I'd be proposing something like this.
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Latest | Highest ratedHigh Likelihood of a Market Crash [View article]
2 Reasons to Hold a U.S. Stocks-Dominated Portfolio [View article]
What Can Possibly Explain the Price of Oil? [View article]