Strong Fundamentals and Oil Ties Make Transocean a Great Long-Term Buy [View article]
2-cents
I firmly believe that oil will continue to go higher long term.
But...
Contracts can only be paid if the company has the money to pay. In the event that oil went back to historical levels, some companies would run out of cash, may have trouble getting financing, and therefore default on contracts. This is not unheard of.
Dikeman Skeptical of 'Game Changing' New Energy Technologies [View article]
The amount of money spent on wars in the Middle East, because we are stuck on oil, could probably pay for all the renewable energy we need. Or at least close the price gap between oil and renewable.
How many solar panels or wind towers could we buy each year for $300 bil.
Regulations do not allow people who have home solar to put back excess to the grid. How smart is that. Available excess electricty that goes to waste.
There is a contractor who is building homes in a city near me, that are 100% off the grid. Heat, hot water, electricity, all in a brand new house. The people that bought the first house are average folks, and claim the price was affordable, and the house is very comfortable to live in.
Dikeman Skeptical of 'Game Changing' New Energy Technologies [View article]
I agree that new technologies take a long time to develop and become cost effective. Problem is, oil is running out, so long as they may take new technologies are not only necessary and real, but a given.
A}As the price of carbon fuels (i.e. coal, oil), continues to rise, the alternative energy costs will converge.
B)People will pay whatever it takes to have energy as oil becomes harder to access.
Nanotechnology looks to reduce costs greatly in the future. There are already products on the market that were produced nano-technologically (is that a word?).
Magazine Covers as Contrarian Indicators [View article]
Inflation is a direct reflection of Money Supply.
Money supply growth numbers currently. US 8% Europe 10% Canada 13%.
There will be pockets of products that become cheaper, but inflation will win out. Actually stagflation.
From a consumer price look, most things we buy or do, have an oil cost component in the materials or the transportation. Oil will never again be cheap, so product costs will have that as base support.
Boris. Have you not seen graphs of US money supply lately? Money supply is growing parabolically. The US Fed "officially" stopped publishing money supply numbers. Hmm...I wonder why? Could it be that they are trying to hide the fact that they are printing money like bandits?
"High quality Treasuries" The US Fed has had bond offerings recently that went unfilled. What will things look like when foreigners stop supporting US debt, as they have already started to do? The monstrous liabilities and debt the US has will have generational effects going forward.
"A sound banking system" The banking system's knees are buckling under huge leverage, and the "foundation" of the US Fed is starting to crack.
I feel for our children and grandchildren, that will bear the tax burden of terrible US financial policies.
The US Fed is headed for insolvency. It's a shame.
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Latest comments | Highest ratedRoger Wiegand: Oil to Reach New Highs by Year-End [View article]
Animas Resources: Building a Gold District [View article]
No idea what you are trying to say.
Animas Resources: Building a Gold District [View article]
Strong Fundamentals and Oil Ties Make Transocean a Great Long-Term Buy [View article]
I would hope that they pay down their debt substantially before offering a dividend.
Strong Fundamentals and Oil Ties Make Transocean a Great Long-Term Buy [View article]
I firmly believe that oil will continue to go higher long term.
But...
Contracts can only be paid if the company has the money to pay. In the event that oil went back to historical levels, some companies would run out of cash, may have trouble getting financing, and therefore default on contracts. This is not unheard of.
Dikeman Skeptical of 'Game Changing' New Energy Technologies [View article]
How many solar panels or wind towers could we buy each year for $300 bil.
Regulations do not allow people who have home solar to put back excess to the grid. How smart is that. Available excess electricty that goes to waste.
There is a contractor who is building homes in a city near me, that are 100% off the grid. Heat, hot water, electricity, all in a brand new house. The people that bought the first house are average folks, and claim the price was affordable, and the house is very comfortable to live in.
Dikeman Skeptical of 'Game Changing' New Energy Technologies [View article]
A}As the price of carbon fuels (i.e. coal, oil), continues to rise, the alternative energy costs will converge.
B)People will pay whatever it takes to have energy as oil becomes harder to access.
Nanotechnology looks to reduce costs greatly in the future. There are already products on the market that were produced nano-technologically (is that a word?).
Magazine Covers as Contrarian Indicators [View article]
Money supply growth numbers currently. US 8% Europe 10% Canada 13%.
There will be pockets of products that become cheaper, but inflation will win out. Actually stagflation.
From a consumer price look, most things we buy or do, have an oil cost component in the materials or the transportation. Oil will never again be cheap, so product costs will have that as base support.
Who Is Really Printing Money? [View article]
"High quality Treasuries" The US Fed has had bond offerings recently that went unfilled. What will things look like when foreigners stop supporting US debt, as they have already started to do? The monstrous liabilities and debt the US has will have generational effects going forward.
"A sound banking system" The banking system's knees are buckling under huge leverage, and the "foundation" of the US Fed is starting to crack.
I feel for our children and grandchildren, that will bear the tax burden of terrible US financial policies.
The US Fed is headed for insolvency. It's a shame.