Search results

Deadbroke, I agree with most of what you are saying and showing in your own way. The draw out of the narrative is bit tedious for me because I am already there, but please enjoy yourself and blow off charge.

Deadbroke...why do you bother to write this thread...why don't you just email your comments to yourself and then just re-read them?

Retief, buy a huge stash of 'Marlboros.' They will be more usefull for trading, easier to make change, than gold coins. In terms of the market trading before feared Armegeddon, you need to consider that persistent deflation makes the cost of debt more expensive. You should short the...

Misthos, I suggest that we reached peak global demand in 2008 because the use in 2008 reached 85+ mbd, OECD GDP grew in 2008 over 2007 as the oil price spiked upt the $140 and with an economic slow down in the Q4 after the Lehman Collapse. Demand/Use declined in 2009 to about 84- mbd, as...

Mishos, thank you for the thoughtful reply. I agree with most of the points you make...at least the facts; if not the conclusions. But you respond to me like a politician on TV who does not address the point of the questions but goes on to recite his own talking points. MY main point of...

Misthos, I watched the video. It was very good even though it was a little long...but I went short oil when I started watching...buying DUG at $69 and then sold DUG when it was over at $72.50. So, really thank you. Two minor citicisms of the presentation. 1. He fluffs over the...

I accept all that...it still doesn't matter. Read Don Yergin's (Cambridge Energy Research) congressional testimony in front of Congressional committe on Oil Price Rise in the spring of 2008 regarding peak oil an peak demand and drivers of price volatility in oil trading. Problem is prior...

Misthos, I appreciate your expressed 'patience' and acknowledge that you know something about what you are talking about, but with due respect your response did not address the argument point...to my mind it reinforced the idea...technology driving increased supply, increased efficiency in use...

Misthos, U.S. production increased by 460,000 BPD last year, the biggest gain in 40 years. Proven World Oil Reserves increased by 700M Barrels...gains in Brazil, Denmark, Saudi Arabia, Egypt and Indonesia offset declines in Mexico, Russia, Norway and Vietnam. World refining capacity grew by...

2008 will be remembered as the year we reached Peak Oil Demand. Notions of 'peak oil' is just flat earth thinking, simple linear and nieve...the earth, the population growth, and needed energy are sustainable...its debt, and the explosion of green morons that isn't sustainable.

NOb...no we didn't give the banker 4T...figure it out yourself...and if we spent all that money already why are we not rolling in it now... according to your magical thinking? I' m glad I'm short the market, short oil, short europe...so I can suffer this foolishness with while there is...

There is no such thing as a 'non producer' in your model. Really, where do you think wealth comes from...magic? There are only producers and depents of producers....all the money comes from the producers and must be paid by the producers...and who do you think makes the stuff that 'non...

So, you think that if the Gov't goes to the credit markets to finance giving every american who earns under $100,000 a $40,000 'gift' that it will 'stimulute' the economy...making money by spending money (we loose on every dollar but we make it up in volume). So, how many people are we talking...

Do you remember the 'Happy Monday' stimulus that Japan executed without effect. They gave every citizen a government check, and they gave them a day off from work with instruction to go shopping...on government sponsored 'Happy Monday'...much like the air drop above...and yet prices continue...

Misthos, I appreciate your response. We have a lot of common ground. I think the issue of distinguishing monetary inflation/deflation is important because it is a cornerstone of how the Fed manages monetary policy. If a central bank responds to growth as if it is inflation it will cause...

Misthos, the process of inflation or deflation are in actuality entirely monetary. To understand them any other way is to conflate an overarching process with all the noise of idex price behavior. Price change and inflation are different things. Price change is always taking place as you...

Thurston, sometimes real world problems don't have positive solutions. In those circumstances you have to choose between strategies that you know will be painful. Such situations are the big leagues of decision making and leadership. A decision in such circumstance requires a thoughtful...

So Mithos, this inflation and deflation at the same time...is that like speeding into a sharp curve, too fast into the apex, feeling your tail lighten up... and then...hit the gas and pull the handbrake? Mundell was found of saying that you can't hit two targets with one arrow...are you...

Kassz7007 and Dhpar, you both set up a false straw man by saying that I suggested that there would be no taxes. Look at what I wrote exactly...I suggested that we eliminate corporate income tax....Right now corporate income tax is a very small part of the total revenue stream. In addition I...

Kass , the only way to repay debt is with income. The only way to increase income is through growth. Growth, in a nation, is a matter of fiscal policy that is not interferred with by monitary policy. The solution is that we need to grow faster and stop spending so much. In order to grow...