Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

The big question- can someone profit from Peak Oil?

Discussions about the economic and financial ramifications of PEAK OIL

The big question- can someone profit from Peak Oil?

Postby TylerJC » Sat 11 Sep 2004, 14:20:45

If this is a possibility, we might want to investigate it. When Rome fell, there were people who profited. When the Depression happened, there were people who profited.

Side note: profit will come at the cost of human suffering

As a group, we might want to think about ways to make money off of the gradual decline of society. If we can, our chances of maintaining any kind of comfortable lifestyle increase dramatically.

Even the in Dark Ages, there were kings and nobles with luxury goods. This may sound selfish, and it is, but how do we get a seat at the table? I don't want to end up as a serf on some corn plantation. I don't want to enslave anyone else either. I'm wondering what kind of skills I'll need to survive in a shrinking economy.

I have 2 ideas.
1st buy silver (the price is set to explode)
2nd buy a gun (I can steal what I need)

If the transition is slow and orderly, the first idea is the best.
If the transition is quick and painful, the second makes more sense.
TylerJC
 

profit from peakoil

Postby seismic » Sat 11 Sep 2004, 16:02:37

Please review the following website: seismicwells.com
Best Regards
seismic
 

profit from peakoil

Postby Seismic » Sat 11 Sep 2004, 16:20:48

The powerpoint presentation at www.seismicwells.com includes audio and represents an excellent working interest prospect in West Texas for accredited investors.
Seismic
 

Postby nailud » Sat 11 Sep 2004, 16:37:16

TylerJC wrote:

$this->bbcode_second_pass_quote('', '1')st buy silver (the price is set to explode)
2nd buy a gun (I can steal what I need)


3rd learn how to brew beer (you'll be able to trade for anything you need)
User avatar
nailud
Peat
Peat
 
Posts: 75
Joined: Thu 20 May 2004, 03:00:00
Location: Dallas, TX

Re: The big question- can someone profit from Peak Oil?

Postby sidoze » Sat 11 Sep 2004, 17:14:28

[quote="TylerJC"]
Even the in Dark Ages, there were kings and nobles with luxury goods. This may sound selfish, and it is, but how do we get a seat at the table?
quote]

Makes you wonder what the elites in this country are really up to.
User avatar
sidoze
Wood
Wood
 
Posts: 24
Joined: Fri 28 May 2004, 03:00:00

Postby Rod_Cloutier » Sat 11 Sep 2004, 18:08:42

Evil begets evil. How about some positive solutions to deal with the peak oil issue and not talk about how to steal & pillage in an age of decline :x
Rod_Cloutier
Heavy Crude
Heavy Crude
 
Posts: 1448
Joined: Fri 20 Aug 2004, 03:00:00
Location: Winnipeg, Canada

Postby Guest » Sat 11 Sep 2004, 18:13:41

How to profit from a decline in oil? Simple really.

Look for the alternatives to oil and then work at bringing those alternatives to market. If you have a home that is energy self sufficient then the effect of peak oil on your life will be dramatically reduced.

Once the general public becomes aware of peak oil and its implications there is going to be a HUGE demand for products that allow energy self sufficiency and the people that can make/install/maintain them.

Rather than sit here with the knowledge of impending doom and feeling helpless about it, lets position ourselves to profit from the experience and help our fellow man.

So, do you know how to install a solar system? Do you know how to make a wind turbine? Do you know how to build a composting unit that will create and store methane gas?

The opportunities are there and fairly easy to see if you are able to resist the paralysis of fear.
Guest
 

How to profit from a decline in oil...

Postby tdrive » Sat 11 Sep 2004, 18:31:08

Buy the following book from amazon:

The Oil Factor: How Oil Controls the Economy and Your Financial Future
by Donna Leeb, Stephen Leeb

Also suggested to buy energy futures with delivery dates
past 2010. Currently light sweet crude oil is the only one traded that far.

But beware, all those are very risky. With high potential profit
you have to be prepared for high risk (think of losing your shirt).

Cheers,
User avatar
tdrive
Lignite
Lignite
 
Posts: 334
Joined: Sun 11 Jul 2004, 03:00:00

Re: profit from peakoil

Postby JohnDenver » Sun 12 Sep 2004, 05:06:03

$this->bbcode_second_pass_quote('Seismic', 'T')he powerpoint presentation at www.seismicwells.com includes audio and represents an excellent working interest prospect in West Texas for accredited investors.


What the hell's an "accredited investor"? I'm picturing a old, fat diabetic with a car collection.
JohnDenver
Intermediate Crude
Intermediate Crude
 
Posts: 2145
Joined: Sun 29 Aug 2004, 03:00:00

Re: profit from peakoil

Postby lowem » Sun 12 Sep 2004, 06:24:34

$this->bbcode_second_pass_quote('JohnDenver', 'W')hat the hell's an "accredited investor"? I'm picturing a old, fat diabetic with a car collection.


If you need to ask, you probably aren't one :lol:

Basically, someone who has at least 2 million and change lying around to be invested in the markets, or something like that. Over here, they call them HNWI (High Net Worth Individual).

(hey we have EDIT!!!!) :lol:
Live quotes - oil/gold/silver
User avatar
lowem
Expert
Expert
 
Posts: 1901
Joined: Mon 19 Jul 2004, 03:00:00
Location: Singapore

Postby homotron » Fri 22 Oct 2004, 02:52:24

I've started a site that tries to tackle this subject. It doesn't assume a full out apocalypse scenario or anything like that, just the price rise and some mildly difficult times.
You can find it at http://www.oilbeta.uni.cc
Yes, nothing too shabby yet but all comments/anything are more than welcome.

-homotron
homotron
 

Postby Guest » Thu 25 Nov 2004, 10:25:58

For those with money, well, there are plenty of advice out there. For those without money, use this time that youre living in right now - a time of abundance and energy surplus -to get an education which will be widely accepted and acknowledged in the future. Engineer, smith, doctor, anything that is practical will be of great use and farmers would want to trade with you. Thats what im doing right now just in case the economists and forecasters will be wrong.
Guest
 

Re: The big question- can someone profit from Peak Oil?

Postby Keith_McClary » Fri 26 Nov 2004, 04:23:26

$this->bbcode_second_pass_quote('TylerJC', '
')The big question- can someone profit from Peak Oil?

You could move to Fort McMurray, Alberta and be a heavy equipment operator.
$this->bbcode_second_pass_quote('TylerJC', '
')Side note: profit will come at the cost of human suffering

It won't be too bad if you remember to bring your toque and mittens and longies. :lol:
Also bring insect repellant for the "summer" (locally referred to as "three months bad sledding").
User avatar
Keith_McClary
Light Sweet Crude
Light Sweet Crude
 
Posts: 7344
Joined: Wed 21 Jul 2004, 03:00:00
Location: Suburban tar sands
Top

Postby brentmeister » Mon 29 Nov 2004, 13:55:48

You can make thousands of times your money from peak oil.
User avatar
brentmeister
Peat
Peat
 
Posts: 66
Joined: Tue 23 Nov 2004, 04:00:00
Location: melbourne

Surviving Peak Oil

Postby exiled_armadillo » Mon 29 Nov 2004, 17:32:56

If you take a lesson from back in the Carribean around the 1800's I think. It was total chaos. The ship builders, doctors and blacksmiths were the ones that were seen as neutrals. No one wanted them hurt because everyone benefited from their skills.

If you want to make money then learn how to garden organically using with an emphasis on intensive gardening. Even now you can learn how to make money doing this, then when all hell breaks loose you will eat, survive and even profit.
exiled_armadillo
 

Postby RonBonnell » Fri 03 Dec 2004, 16:23:26

I have been short the market since 12/30/1999, but getting killed the last couple of years. Should have been short the dollar instead of short the market. They can keep the market afloat by creating money ala Greenspan, but it lessens the value of the dollar. So dollar is low but market is a raging bull.
RonBonnell
 

Re: How to profit from a decline in oil...

Postby Golgo13 » Sun 05 Dec 2004, 19:28:59

$this->bbcode_second_pass_quote('tdrive', 'A')lso suggested to buy energy futures with delivery dates
past 2010. Currently light sweet crude oil is the only one traded that far.

But beware, all those are very risky. With high potential profit
you have to be prepared for high risk (think of losing your shirt).


Right now, no. I'd wait for a minor crash, which will be deceptive.

But then, if governments collapse, it's not like futures will be valid anyway. It'll be "whoever can protect the well owns it".
Golgo13
 
Top

Postby liquid » Mon 06 Dec 2004, 00:51:30

What I dont understand is this. If the economic system basically falls apart (and I'm not totally convinced it will), why on earth would people buy Gold or Silver. In the end that is nothing more than a commodity that has no "real" or "intrinsic" value. The U.S. dollar is no longer pegged to Gold reserves... and in my opinion it would serve little purpose to buy Gold. I guess that also depends on how world markets respond, and just how devastating this PO event is.
User avatar
liquid
Wood
Wood
 
Posts: 5
Joined: Fri 03 Dec 2004, 04:00:00

Postby spot5050 » Tue 07 Dec 2004, 09:14:25

Gold is probably the safest place you could put your money in times of trouble.

It's a counterbalance to the stockmarket, ie. if shares prices go down, gold goes up, and vice-versa. It underpins many of the world's currencies. Gold is tangible, portable wealth. (A bag of 200 gold sovereigns is worth £10k but would be about the size of a packet of cigarettes.)

When financial systems fail, wealth quickly moves into gold. Gold is like a safe haven.

This site describes the rise and fall of various montary systems throughout the ages, and how each related to gold;

http://www.galmarley.com/framesets/fs_m ... y_faqs.htm
spot5050
Tar Sands
Tar Sands
 
Posts: 518
Joined: Tue 07 Dec 2004, 04:00:00
Location: Cheshire, England

Sure, but...

Postby Guest » Tue 18 Jan 2005, 20:52:54

Sure it's portable, and currently is stable. However when the people you are trying to trade with are having trouble feeding themselves, you might have trouble convincing them to take a small peice of useless, soft, yellow metal for their precious food or such.

Personaly, I think the most usefull trade items will be:
First - food & protection
Then - farming tools
later - other tools (repair & construction)
finaly - high quality metals, and other construction materials

I don't know how much food you want. Several tons of flour and beans will only cost a few thousand $.

For metals you might have a collective ton or so of:
steel
stainless steel
iorn
other things
Guest
 

Next

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 1 guest

cron