Jilly30 ................. thank you for your wisdom.  You are another example of the fact that there is a great difference between wisdom and education.   Keep 'em coming.

I agree. Let's start with the term "Indians."  One place we could start would be to recognize they are not from India as several posts would lead us to believe. They are Native Americans.

Redding, CA????? The state is broke and Moonbeam Brown can't fix it by raising taxes. CA is a slime pit, and that is putting it mildly. Wyoming is one of the most fiscally sound states around. We got out of CA and to Gardnerville, NV two years ago.  No state income tax and property taxes are comparable to CA. Sales tax...more

It seems we forget two facts (not predictions):   1. The national debt is huge and still mounting. Government spending and waste are out of control. Even the Chinese are going to soon think twice about buying bills and bonds. Then what?   2. The inevitable deferred inflation from the so called QE stimuli is goi...more

As Milton Freidman once asked of communist Phil Donohue .............. " can you give me an example of an economic system, past or present, which is not based upon greed?"   The poor dear, Phil the communist" was just speechless.   Duh!

Thanks Jim. Good stuff, scary, but good.  I am not much of a global econ dude, but it seems to me that sooner or later buyers of U.S. gov't bonds and bills are going to be few and far between.  I used to tell my dad that when he bought T-bills he was just encouraging deficit spending. It peeved him off, but he was in d...more

Have enjoyed many of the comments thus far.  Just an observation. We might want to save the politically charged stuff for a "politics of oil forum" at another venue.  Yawn!  I was hoping that someone out there could come up with some other exciting ways to invest in oil and gas (other than derivatives). There were only...more

I don't even question for a minute that we have reached "peak oil." To me, that is not the question.  And, I am one who wants to put his money on traditional oil/gas investments (as opposed to scams and lies like the ethanol hoax).  What I question is why these stock pundits always lead you to traditional oil/gas stock...more