PO defcon 1 alert

Fri Jul 08, 2011 3:30 pm by Megadoom

http://www.energyandcapital.com/article ... sachs/1626

It’s all speculation over the future of the commodities market.

But Goldman Sachs Group (NYSE: GS) is predicting a significant upturn.

And they’re particularly bullish when it comes to crude oil.

According to Goldman Sachs officials, as they reported in May, Brent crude at the end of 2011 could be as high as $120 a barrel and as high as $140 a barrel at the end of 2012.

The global economy, they believe, is on the rise, recovering despite the Japanese earthquake and the high oil prices this past spring.

According to Bloomberg, the Federal Reserve believes the U.S. economy will grow between 2.7% and 2.9% this year.

As the economy recovers, so will demand rates, a problem when there are limited supplies.

A rise in demand will push up commodity prices.

And as Goldman Sachs believes, this will be fueled by the fact that Saudi Arabia won’t be able to meet oil demand.

Despite claims by analysts and even OPEC that Saudi Arabia will be able to increase output to meet growing market demand, Goldman believes that the Saudis have reached their peak oil output.

No fooling around friends.....this is real. Get what needs to be done done. Prioritize, triage, and don't procrastinate.

Anything can happen now, and there won't be the spare capacity.

Megadoom

Fri Jul 08, 2011 4:03 pm by mousewizard

Oh, yeah. Here it comes.

Now we'll go through a couple of months of "put up or shut up" between the Saudis and various media, and when it's obvious to all, things will start getting strange. This fall is looking more an more like a giant confluence of Bullshit, Acrimony, and Devolution (BAD).

Fri Jul 08, 2011 4:12 pm by pamela

Mega is right, get what needs to be done done.
You know, we've been talking about this for years and I don't know about you guys, but not that it's actually happeing...it scares the crap out of me.

Fri Jul 08, 2011 4:17 pm by Megadoom

$3.50/gallon sounds real cheap when you consider.....

Megadoom

Fri Jul 08, 2011 5:57 pm by SpockLives

Megadoom wrote:No fooling around friends.....this is real. Get what needs to be done done. Prioritize, triage, and don't procrastinate.

Anything can happen now, and there won't be the spare capacity.

Megadoom

Time to embrace the horror baby! Do we have any estimates from informed sources as to when the www goes down? It has to happen, if only to hide the truth from the sheeple as doom rolls into their lives and neighborhoods, and it makes sense that when it does, we will KNOW it is time to run. Or hunker.

Fri Jul 08, 2011 6:02 pm by SpockLives

pamela wrote:Mega is right, get what needs to be done done.
You know, we've been talking about this for years and I don't know about you guys, but not that it's actually happeing...it scares the crap out of me.

For those who have participated in hardcore sporting events, it kind of feels like that. Sick with nervousness the night before, stomach churning the day of the event, endless checking everything over and over like the shoes being tied, equipment strapped on tight, rabbits foot in your pocket, etc etc. The feeling tends to stay with you right up until you feel the first go whistle or impact. And then its all adrenaline, speed and skill.

You could almost say that...its about time!

Fri Jul 08, 2011 6:26 pm by Picasso Moon

I can hear "progressive" media now: "This is all hype and speculation by Goldman Sachs to drive up its energy futures."

Fri Jul 08, 2011 7:15 pm by Frothing

I don't know spock, I've played in a few gold medal games in some pretty big tournaments. Some performance butterflies, sure, but the consequences amounted to how much you partied after the game.

No, I would say this is more like sitting on top of Mt. Everest, so excited you have reached the pinnacle of human Achievement, and as you snap the photo with all your cool prayer flags, a front comes in fast, dark and cold. But as you are down climbing the Hillary step, you slip, loose your bivy, o2, crampons, ropes, stove, and your gloves. Survival is a long ways away, and not very probable. That's what it feels like to me, they always say, the easy part is getting to the top, it's the getting down part that's tricky.

Fri Jul 08, 2011 7:46 pm by allissun

I was once so nervous when I started racing in the 100 metre race (yup track jockette :lol:

)... way back when i was competitive with stuff like that, maybe it was adrenalin... i don't know... who cares... anyway, i was so wound up that my thighs got charlie horses and i had to be picked up and carried off the start line. I was frozen like an ice sculpture :lol:

Strangely, i am not as nervous now. I guess I never want to go to that place again, because that was really silly.

Fri Jul 08, 2011 7:56 pm by SpockLives

Frothing wrote:I don't know spock, I've played in a few gold medal games in some pretty big tournaments. Some performance butterflies, sure, but the consequences amounted to how much you partied after the game.

True, they rarely kill the losers after a track and field long jump event finishes.

But that is why Doom is so great, and maybe a bit uncomfortable, because suddenly it all matters! Does your neighbor get your teenage daughter, or do you get his? Can that 10 year old ammo you've been stockpiling really be counted on, when the MZBs breach the barricades? Will the wife and kids really have the wherewithall to pull the trigger when it is the kids they know from school coming over the walls with their parents? I mean really, game time sharpens up all the senses, particularly when they do kill the losers!

Frothing wrote: Survival is a long ways away, and not very probable. That's what it feels like to me, they always say, the easy part is getting to the top, it's the getting down part that's tricky.

You are making a pretty good argument for raging hedonistic behavior from now until doom arrives.

PO defcon 1 alert

PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Re: PO defcon 1 alert

Who is online