Jake

(or a short term trade)

Platinum is just a sexy industrial metal rarer than gold. That's all. Industry is fu@@ed and no central banks keep it. Platinum may as well be history.

Van- I like you A LOT. But I would implore you to read around Gails site some. The cure for low price HAS BEEN low prices. Basic economics 101. But the future may not look like the past for reasons she well expounds. I haven't heard any $10 oil analysts. But I am neither an expert. You may be right re the next bull market. You have been right so many other occaisions. I read your posts with great interest and hope. Dr Bubbs, too. But I do think you both need a wider reading. Not just the short term. Tverberg is a good place to start, IMHO. There are some very thought provoking posts there. Plus she doesn't have an agenda to push or pay for. I would relish a rebuttal but so far there is little of substance. Only rear view mirror stuff.

I think oil producers need prices far higher than the simple cost of extraction. They have to pay taxes, salaries, investment for new sites and maintenance of existing infrastructure. The easy oil is on the decline and we have seen (Alaska, North Sea) reverse direction.if it isn't profitable oil will lack investment.

Or this? http://www.investopedia.com/articles/active-trading/020215/falling-oil-prices-could-bankrupt-these-countries.asp

https://ourfiniteworld.com/2016/01/19/why-oil-under-30-per-barrel-is-a-major-problem/ Van, what do you think of this?

Maybe. And till then renewables which will be a transitional phase until...what?

Doesn't production these days entail an average necessary price north of 100$ to be profitable for the companies bringing it out of the ground? Even at 80$/b producers will go to the wall, especially the frackers. Peak cheap oil is over. And we can't really afford the more expensive stuff. Maybe the Rothchild/Rockerfellers knew this when they bailed out of oil.

When we talk of " recover" what do you mean exactly? Back to 100+/b?

So the interviewer should ask him what he left out of his perfect biblical cycles in 2014 and'15 before salivating over the "dates" for the next big kahuna. That's the kind if info which would be useful. Don't get me wrong though, I like the basic thesis, just not the zeal. Jeff Christian, much hated by the gold community, has a better record and no subscription. Not that he goes in for cycles prediction or, if he does, he doesn't harp on about them.

So. The bible got it wrong in 2014, 2015. Will it be third time lucky in 2016. Or a case of "thrice thy denied me". I dunno. He doesn't really explain anything and the exuberance of the interviewer doesn't exactly fit in with Jesus' teachings. Also how can uk housing crash, bottom and then be a buying opportunity between now and June/July? Uk housing is like a HGV to slow down and reverse. The guy reminds me of Dent in that they are married to their theories. But their game is all about subscriptions. A guy like Van is a far safer pair of hands if you ask me. I like what Boloney has to say but I think he needs to chalk up a few points on the old IQ unless he is talking to the converted religios out there.

Is it? If "extra terrestrial" life boils down to a few single celled micro organisms, will that be satisfactory for the "disclosure" thesis?

The act of making new or secret information known- disclosure- isn't helped by half baked, unsubstantiated hocus pocus, is it? Where's the boeuf?

"Major General STUMBLEBINE". Rofl Dr Ram- chicken manure, worms and Bunny rabbits-he's having a laugh at your expense. "Dr" in what, I wonder? Delusions? Or silly hats?

It's a good crap name for a rubbish album. Or how about " Unicorns and Rainbows on Mars"? Or as JHK might say " Mars is full of Nougat". Lol!