Peak Oil Debunked: 355. BANKS HOARD OIL IN STORAGE TANKS

Peak Oil Debunked: 355. BANKS HOARD OIL IN STORAGE TANKS

This was an article way back in 2008. Turns out that this hoarding that the Fed exposed, being abused by the TBTF bankers (sters), was going on big back then as well. Sad commentary on the oppression by the uber rich on the rest of us. 

Comments

Post a Comment

Popular posts from this blog

Learn Economics

Image
Learn economics. Topics in Economics can give even the newbie insights into how the economies of the world work with a focus on China and the USA. There are 30 topics listed with articles on those subjects, as well as a glossary of terms. I have written a lot of vetted articles that are exclusive** to Talkmarkets. Sorting a portion of them by subject will give the reader an opportunity to make sense of it all. I am adding a glossary of terms at the bottom of this page. For readers interested in economic subjects of the day, these top 30 themes are my efforts to make understanding economics easier. Please keep in mind that many economic and moral decisions change as we approach the zero lower bound for interest rates. As bonds go negative, things change. That which was a moral duty when rates are 5 percent, like say lowering to 4 percent to stimulate the economy, don't work when we approach zero.  If anything, the closer to zero that we go, the less lending and less banki
Read more

The Unholy Alliance of Big Banking, Neocons, Big Media and Israel

There is an unholy alliance of big banking, neocons, big media and Israel. While most of those relationships remain hidden from public view, there is a concrete revealed manifestation of that relationship in the granting of oil exploration rights in the Golan Heights. The nation of Israel granted Genie Energy, a corporation, exploration rights in the Golan Heights for oil. Now, the Golan Heights is controlled by Israel but belongs to Syria. If Assad or any strong leader in Syria is ousted and the country becomes a divided nation, Israel will have access to that oil. The shareholders who are on the advisory board are from banking, Jacob Rothschild, from the neocons, Dick Cheney, from the pro Israel media, Rupert Murdoch. From the Wikipedia article entitled "Genie Energy", we see that Genie previously announced a strategic advisory board whose members provide strategic direction and council. Its members include former Vice President Dick Cheney , Michael Steinhardt , J
Read more

John Mauldin Discusses What Could Go Wrong

This article was first published by me on Talkmarkets:  http://www.talkmarkets.com/content/bonds/john-mauldin-discusses-what-could-go-wrong?post=118623&uid=4798 John Mauldin published an article regarding the economics of Donald Trump. I share many of his views. I think the article deserves to be discussed further. It isn't as if John Mauldin is happy with the continual drive toward negative yields and the new normal. I believe he is like many, willing to fight for higher interest rates within reason and within the economic boundaries that exist. He is on board with the Fed, unlike other central banks, and is willing to risk recession to avoid negative rates: Meanwhile, the Fed is in the middle of a long-overdue policy turn. There’s still a risk that they will find they started tightening just in time for a recession, which is also long overdue. I was convinced last summer that they would push rates negative in that scenario. Negative rates could yet happen, but I thin
Read more