Between 1970 and 1982, oil prices went from $1.35 a barrel to a high of nearly $35. That is a 26-fold increase. To match that experience this decade, the price of oil would have to reach $260 a barrel. In 1970s, the oil crisis was primarily political. This time around, the issue is ceiling on supply - a more difficult problem to solve.
Breaking the ceiling of oil supply for energy source can be done through the following: 1. coal, the dirtiest of all fossil fuel 2. nuclear/uranium, which is a resource in far shorter than oil 3. natural gas and exotic fossil fuel, 4. biofuels 5. alternative energy (wind, solar, sea current, etc) None of the energies available will single handedly be able to satisfy the worlds growing energy needs. The inability of energy supplies to meet soaring demand and the wave of inflation that will result, is a serious threat. Unable to fight inflation without risking economic meltdown, policy makers will put all their efforts into keeping the economy growing, so that wage rise faster than interest rates and debt does not overwhelm the average citizen. They will have no option but to allow inflation to reach heights that would have been considered unacceptable in any previous decade. Inflation will lifts the prices of homes and other assests and will diminish the weight of debt underlying those assets. To make money when inflation soars, avoid these investment pitfalls: 1. Cash 2. Bonds 3. Stocks, especially defensive groups (cosmetic, food, retail), airlines, autos, chemicals 4. small cap stocks And chose these investment jackpots 1. Gold and gold shares. I believe natural resources (mining and agri) also included here 2. Oil and oil shares. And i believe any energy related shares, such as oil services company, energy mining and alternative energy company 3. real estate 4. China and India Thats the summary from Stephen Leeb's 2006 book, "the coming economic collapse, how you can thrive when oil cost $200 a barrel." he's the author of "the oil factor", which published in february 2004. at the moment, oil price was under $33 a barrel and he predicted that soaring oil prices above $100 was around the corner. On 11/6/07, jsx_consultant <[EMAIL PROTECTED]> wrote: > > Ingat presiden kita jatoh karena minyak naek (minyak masih > jauh dibawah $100). > > Kalo minyak $300, bukan cuman presidennya yg jatoh, langit > juga jatuh NIMPA KITA karena akan ada REVOLUSI SOSIAL. Boro > boro you bisa kaya, masih bisa idup selamet aja udah untung.... > > --- In obrolan-bandar@yahoogroups.com <obrolan-bandar%40yahoogroups.com>, > "tbumi" <[EMAIL PROTECTED]> wrote: > > > > --- In obrolan-bandar@yahoogroups.com <obrolan-bandar%40yahoogroups.com>, > Rei <highwaystar91@> wrote: > > > Saham BUMI tergantung harga minyak dunia. > > Kalau minyak tembus $300, maka anda bisa tambah kaya > > lagi, mungkin BUMI tembus jadi 30000. > > > > > > >
