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  • Green Investors: Stop Hating Coal; Carbon Capture and Storage Here to Stay [View article]
    One of the arguments against nuclear power is that costs for long term storage of the waste products are not properly included in the cost of the power.

    Well it looks like we may be heading to the same situation with the coal industry, only the long term storage of carbon is a much higher volume problem.
    Oct 27 10:38 am |Rating: +1 0 |Link to Comment
  • Oil Majors Should Just Buy Real Gold [View article]
    Still not accepting the idea that oil companies should buy gold. Yes, they should protect the value of their cash, but by investing in their particular business - pay off debt, buy back stock, invest in oil drilling rights, oil recovery technology etc. All of these will reap huge benefits and far more than investing the same money in gold because ultimately gold is a non-productive asset.
    Dec 18 16:54 pm |Rating: +1 0 |Link to Comment
  • Oil Majors Should Just Buy Real Gold [View article]
    My God I'd like to know where you get your tobacco. The oil/gold price ratio is at historic lows and you are advising oil companies to buy gold? Ludicrous. Oil companies should be buying oil related assets in such circumstances. When demand rises oil prices will rise far faster than gold.
    Dec 17 14:38 pm |Rating: +5 -1 |Link to Comment
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