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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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  Topic: Peak oil debunked
deconstructionist

Replies: 77
Views: 8639

PostForum: Welcome   Posted: Tue Nov 21, 2006 3:51 pm   Subject: Re: Peak oil debunked
Basically I just wanted to find out if I should take this blog into consideration, or ignore it.

Ignore it based on whether it is just ranting idiocy or because the blogger is using faulty sources/ ...
  Topic: Peak oil debunked
deconstructionist

Replies: 77
Views: 8639

PostForum: Welcome   Posted: Tue Nov 21, 2006 3:08 pm   Subject: Re: Peak oil debunked
[url=http://www.gasresources.net]Gas Resources Corporation

[url=http://www.davesweb.cnchost.com/nwsltr55.html]Who Is Behind the Peak Oil Scare?

[url=http://www.davesweb.cnchost.com/nwsltr56.html ...
  Topic: Restructuring the Global Economy
deconstructionist

Replies: 61
Views: 20822

PostForum: Economics & Finance   Posted: Tue Jun 06, 2006 9:20 am   Subject: Restructuring the Global Economy
Americans will have to take a major reduction in the standard of living, stop spending and start saving or lose it all. We will all live to witness the play-out of this global chess game, I am afraid ...
  Topic: Oil, Gold, Copper will all fall this week.
deconstructionist

Replies: 175
Views: 15339

PostForum: Economics & Finance   Posted: Tue Jun 06, 2006 9:14 am   Subject: Re: Oil, Gold, Copper will all fall this week.
the Fed sort of announced they'd be raising interest rates. the dollar is up vs almost all other currencies and gold is dropping quickly. $626.50 currently. how low will she go? my holdings are soley ...
  Topic: Oil, Gold, Copper will all fall this week.
deconstructionist

Replies: 175
Views: 15339

PostForum: Economics & Finance   Posted: Tue May 23, 2006 12:52 pm   Subject: Re: Oil, Gold, Copper will all fall this week.
Plays your bets: reversal at $670 or will it reach for the sky? Laughing
Kissinger is one evil bastard, Nixon wasn't called tricky dick for nothing, he tricked everyone to use the $, you wonder if they ...
  Topic: Oil, Gold, Copper will all fall this week.
deconstructionist

Replies: 175
Views: 15339

PostForum: Economics & Finance   Posted: Tue May 23, 2006 8:37 am   Subject: Re: Oil, Gold, Copper will all fall this week.
be sure to look into the Bretton Woods agreement and Kissinger's involvement in the Yom Kippur War if you're looking at the history of the dollar's relationship to gold...

seems that precious metal ...
  Topic: Is capitalism nothing more than slavery with growth?
deconstructionist

Replies: 35
Views: 3012

PostForum: Economics & Finance   Posted: Mon May 22, 2006 11:01 am   Subject: Re: Is capitalism nothing more than slavery with growth?
Capitalism as it is currently practiced in America is State-Capitalism and as such, is basically an elaborate system of social control. We are wage-slaves. We do not have a free market. Nor are we soc ...
  Topic: The U.S. Govt’s Secret Colorado Oil Discovery
deconstructionist

Replies: 26
Views: 4216

PostForum: Current Events   Posted: Mon May 22, 2006 10:57 am   Subject: Re: The U.S. Govt’s Secret Colorado Oil Discovery
if i may be so crude as to use a pot-smoking reference...

mining oil shale is like scraping your glass pipe and smoking the resin. it's the dregs... just admit you have a weed problem, stop smoking ...
  Topic: Oil, Gold, Copper will all fall this week.
deconstructionist

Replies: 175
Views: 15339

PostForum: Economics & Finance   Posted: Fri May 19, 2006 2:09 pm   Subject: Re: Oil, Gold, Copper will all fall this week.
I wouldn't read too much "PRO GOLD" news. You probably found that artical at kitco.com, all they do is print and link to articals that are pro gold.
...
thanks for the info and analysis. it does see ...
  Topic: Oil, Gold, Copper will all fall this week.
deconstructionist

Replies: 175
Views: 15339

PostForum: Economics & Finance   Posted: Fri May 19, 2006 9:37 am   Subject: Re: Oil, Gold, Copper will all fall this week.
after last month's boom in prices, i set a fall back to $650 in my mind as a good benchmark to buy a little bit more... with the news about [url=http://www.miningmx.com/gold_silver/367693.htm]S. Afric ...
  Topic: Oil Production decline likely to be more gradual, than steep
deconstructionist

Replies: 321
Views: 29088

PostForum: Peak Oil Discussion   Posted: Fri May 19, 2006 8:58 am   Subject: Re: Oil Production decline likely to be more gradual, than s
it seems to me that the original post has some merit, even if it is perhaps true only in the case of the FSU. They have increased production by about 4 mbpd since 1996... Someone somewhere else told m ...
  Topic: fractional banking and the gdp
deconstructionist

Replies: 62
Views: 3674

PostForum: Economics & Finance   Posted: Fri May 19, 2006 8:24 am   Subject: Re: fractional banking and the gdp
perhaps at this point, i should defer to an "expert."

[url=http://www.mises.org/story/1118]The Money Multiplier: Myth or Reality? by Frank Shostak of the Ludwig von Mises institute.
  Topic: fractional banking and the gdp
deconstructionist

Replies: 62
Views: 3674

PostForum: Economics & Finance   Posted: Fri May 19, 2006 8:22 am   Subject: Re: fractional banking and the gdp

THANK YOU.
Now we're getting to the heart of it. You have found a scam, but why blame fractional reserve banking? Why not blame bad credit policy? And the false security offered by the fed? Like ri ...
  Topic: fractional banking and the gdp
deconstructionist

Replies: 62
Views: 3674

PostForum: Economics & Finance   Posted: Thu May 18, 2006 10:54 am   Subject: Re: fractional banking and the gdp

As you see, it's not possible to "create" money at all (even in a semantical sort of way) in this manner.
I thought that was how money was created. If it isn't like this, how is it created?
it abs ...
  Topic: fractional banking and the gdp
deconstructionist

Replies: 62
Views: 3674

PostForum: Economics & Finance   Posted: Thu May 18, 2006 10:36 am   Subject: Re: fractional banking and the gdp
Let's say there is a "bank" which offers to keep our gold in its secure vault in exchange for a rental fee.
What? Are you nuts? you want me to pay the bank to hold my gold? I WANT INTEREST !!!!!!!
b ...
 
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