naked capitalism Wed 2009-11-25 11:37 EST

Marc Faber: ``I don't think that you'll see gold below $1,000 per ounce probably ever''

Edward Harrison of Credit Writedowns

...cash is now trash with zero interest rates. So holding cash means underperforming. Bonds present an unfavourable risk/reward. Therefore, commodities and precious metals look attractive. One must also have equities exposure. Interestingly, he makes a fairly explicit statement in favour of peak oil from about 1:40 in the second video below. The world is adding less in oil reserves than it consumes. That necessarily means a tighter supply/demand dynamic, especially given the demand in emerging economies for oil.

000; 1; Marc Faber; naked capitalism; ounce probably; see gold; Think.

ClubOrlov Wed 2009-08-26 13:53 EDT

The Slope of Dysfunction

kollapsnik

(Update: click here for a special version for the Nihonjin care of Masayuki.) Perhaps you have heard of the Peak Oil theory? Most people have by now, even the people whose job used to involve denying the possibility that global crude oil production would peak any time soon. Now that everybody seems a bit more comfortable with the idea, perhaps it is time to reexamine it. Is the scenario Peak Oil theoreticians paint indeed realistic, or is it firmly grounded in wishful thinking? Here is a typical, slightly outdated Peak Oil chart. I chose it because it looks pretty and conveys the typical Peak Oil message, which is that global crude oil (and natural gas condensate) production will rise to a lofty peak sometime soon, and then drift down...

ClubOrlov; dysfunctional; Slope.

Thu 2009-05-07 00:00 EDT

naked capitalism: Goldman: Global Oil Storage Capacity Could Be Filled by June

commenter Hugh: ``Oil in the short term was way overpriced (excess speculation) and in the long term absurdly underpriced (peak oil)''

fill; Global Oil Storage Capacity; Goldman; June; naked capitalism.

Tue 2008-09-02 00:00 EDT

naked capitalism: "Peak Oil!! Peak Inflation ?!? Peak Credit??"

naked capitalism; Peak Credit; Peak Inflation; Peak Oil.

Fri 2008-07-04 00:00 EDT

Peak Oil Debunked: 366. FUTURES PRICES DETERMINE PHYSICAL OIL PRICES

"Krugman and Birger are grossly misinformed about the way physical crude is actually priced in the global oil market."

366; Futures Prices Determine Physical Oil Prices; Peak Oil Debunked.

Wed 2008-07-02 00:00 EDT

Peak Oil Debunked: 365. MASSIVE DROP IN U.S. DEMAND IN APRIL

"supply outstripping demand theory of the feverish price action since March s emanating an extremely fish-like odor. U.S. demand down by a whopping 0.8mbd year-on-year."

365; April; massive drop; Peak Oil Debunked; U. S. demand.

Thu 2008-04-17 00:00 EDT

naked capitalism: The Rise of the Neo-Malthusians

Malthus suspension ending with peak oil?

naked capitalism; Neo-Malthusians; rising.

Wed 2007-05-16 00:00 EDT

The Oil Drum | Three Pieces of Peak Oil Media: Simmons/Kilduff and Pickens on CNBC on GAO/Peak Oil and Kunstler on Peak Oil and the Car Culture

(Kunstler mp3 talk)

cars culturally; CNBC; GAO/Peak Oil; Kunstler; Oil Drum; Peak Oil; Peak Oil Media; Pickens; pieces; Simmons/Kilduff.

Tue 2006-12-19 00:00 EST

Closing the 'Collapse Gap': the USSR was better prepared for peak oil than the US | EnergyBulletin.net | Peak Oil News Clearinghouse

Closing the 'Collapse Gap': the USSR was better prepared for peak oil than the US, by Dimitry Orlov | EnergyBulletin.net | Peak Oil News Clearinghouse

better prepared; closed; Collapse Gap; EnergyBulletin; net; Peak Oil; Peak Oil News Clearinghouse; USSR.

Thu 2006-02-16 00:00 EST

Join us as we watch the crisis unfolding by Kenneth S. Deffeyes

(peak oil production)

crisis unfolded; joining; Kenneth S. Deffeyes; watch.