misterchan

Oil and Gas: Perfect Investment Tsunami

Wonderful article. Thank you. Does your Tsunami strategy extend to coal? I look forward to a future article on this subject. As do many others.

Why the Discrepancy Between Oil and Gold?

To Gerrele, I have heard that LOVE of money is the root of all evil. And it seems more logical to conclude that LACK of money is really the root of all evil. Just try getting along without it for a few weeks. So, on that basis, the ideal condition would be the comfort of not having to worry about not having enough money to be reasonably comfortable.

Why the Discrepancy Between Oil and Gold?

The above was for Poet Sam.

Why the Discrepancy Between Oil and Gold?

Gold is basically worth a lot. For instance, you can eat it, burn it, build with it and even smoke it. How? Any country in the world is, and will be, happy to accept gold as payment for food, coal and other heating items, lumber and all necessary building materials, and cigarettes, cigars and pipe tobacco. And as the dollar keeps declining, the people who pay with gold will eat like kings and the people who buy their dinner with dollars will have only one benefit - they will never have to worry about losing weight. As for oil, it benefits the entire population via corporations. But if a truck drove up to your house and deposited 100 barrels of oil in your front yard, could you eat it or build with it or burn it or smoke it? No. Utilization would only be available if you sold it for dollars, leaving you in the same condition as you were before. As the dollar falls, it buys less and less. That is why some people like to hold gold. It holds its value over time and is accepted allover the world.

Has Oil Production Reached a 'De Facto' Peak?

Jim, thanks for yet another great article.

Has Oil Production Reached a 'De Facto' Peak?

What goes up? It would be a relief if STOCKACCUMULATOR would go up. Up, up and away! Above-mentioned person is probably a very NICE person, except for the fact that I have read his post re PBR 3 times tonite, to say nothing about yesterday. Possibly he owns PBR. I mention various financial vehicles, too, but not so often and not at such great length.

Is There an Oil Crisis Looming?

Thanks for just about the best article I have ever read at SA. You have vast subject-knowledge combined with a great writing talent. I learned a lot about the oil situation.