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Peak Oil is our chance to get rich!

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Peak Oil is our chance to get rich!

Unread postby Elijah » Sat 12 Mar 2005, 17:22:01

This is it folks, the chance of a lifetime, the scenario every poor wage slave dreams of, the chance to get in front of the biggest change to confront civilization since fire was tamed.

The best part is we know it and they don't. We can see the big picture. We see the great pendulum beginning to swing the other way. They, on the other hand, are in denial. They refuse to see the obvious.

And that, my friends, spells opportunity. It's better than finding money in the couch. It's as if we know the final score of the Super Bowl before the coin toss! Can you say richer than Bill Gates?!

Oh, sure, in the long run it will all be futile. Humans are doomed to revert to a Stone Age existence. But if we play our cards right it ought to be a slam dunk to rack up enough wealth to make a few generations of our heirs very happy indeed. They'll go to bed and wake up every day thanking their lucky stars their forefathers saw Peak Oil coming and invested accordingly.

So let's put our heads together and come up with some good ideas. I guess we could write books and go on the lecture circuit, but that's peanuts compared to what we could make playing the markets knowing what we know. Situations like this come along only once in the lifetime of humanity, and we're in a position to profit from it because we see what's happening while the whole world is foolishly living status quo. Their loss will be our gain.

So where should we invest? Oil services? Solar? Wind? Coal? Nuclear? Various energy-conservation products?

I don't know about you, but if civilization as we know it is coming to an end, I don't want to spend it's last days working may ass off for some soulless company. So let's get rich and retire. If any of us doesn't retire as a multi-millionaire in five years, then he's a fool! [smilie=evil5.gif]
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Unread postby maverickdoc » Sat 12 Mar 2005, 17:25:01

go read some of threads we already discussed these things.
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Unread postby Lora » Sat 12 Mar 2005, 17:30:22

I understand your sentiment, but getting rich even when you know full well that peak oil is coming is harder than you think. Coal and uranium stocks have already had very impressive gains. Even alternative energy has been on a run the last few months.

I watch ROBTv (www.robtv.com) a lot and those analysts already know what's coming. You have to get in very early to catch the big gains. Does anyone here really think Exxon will be a 10-bagger from this point? I don't think so.
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Unread postby Elijah » Sat 12 Mar 2005, 17:53:26

$this->bbcode_second_pass_quote('Lora', 'I') understand your sentiment, but getting rich even when you know full well that peak oil is coming is harder than you think. Coal and uranium stocks have already had very impressive gains. Even alternative energy has been on a run the last few months.

I watch ROBTv (www.robtv.com) a lot and those analysts already know what's coming. You have to get in very early to catch the big gains. Does anyone here really think Exxon will be a 10-bagger from this point? I don't think so.


Now wait just a freakin' minute! Are you telling me we've missed it already?! I've been reading here on this forum how the masses and all the powers that be are in denial about Peak Oil. And now you're telling me someone else already made the big money from it?! I thought we were smarter?! I thought we were the visionaries?! I thought this was the meek's big chance to inherit the earth!

Well, I guess I better go see if there's any change in the sofa. :cry:
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Unread postby Sys1 » Sat 12 Mar 2005, 17:54:31

Somehting better. I know it's possible to invest on a crash. It's what happened (5 billions $) with united airline and american airline just 2 days before 9/11.

I suppose this way i should invest crash in big Pick ups, SUV and especially in Airbus A380. LOL !!
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Re: Peak Oil is our chance to get rich!

Unread postby ForeignObserver » Sat 12 Mar 2005, 18:53:29

$this->bbcode_second_pass_quote('Elijah', '
')
Oh, sure, in the long run it will all be futile. Humans are doomed to revert to a Stone Age existence. But if we play our cards right it ought to be a slam dunk to rack up enough wealth to make a few generations of our heirs very happy indeed. They'll go to bed and wake up every day thanking their lucky stars their forefathers saw Peak Oil coming and invested accordingly.



In what form would this wealth manifest itself? Money and other conventional assets may have ceased to have any value in a few generations.
A sugestion might be non-gentically modified seeds - old fashioned varieties that stood the test of time. Lower yields I admit but hardier probably. At some point in the future they may be worth a considerable amount of whatever passes for currency and you could grow more in the mean time to expand your stock. Just a thought thinking long term.
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Re: Peak Oil is our chance to get rich!

Unread postby MattSavinar » Sat 12 Mar 2005, 19:05:11

$this->bbcode_second_pass_quote('Elijah', 'T')his is it folks, the chance of a lifetime, the scenario every poor wage slave dreams of, the chance to get in front of the biggest change to confront civilization since fire was tamed.

The best part is we know it and they don't. We can see the big picture. We see the great pendulum beginning to swing the other way. They, on the other hand, are in denial. They refuse to see the obvious.

And that, my friends, spells opportunity. It's better than finding money in the couch. It's as if we know the final score of the Super Bowl before the coin toss! Can you say richer than Bill Gates?!

Oh, sure, in the long run it will all be futile. Humans are doomed to revert to a Stone Age existence. But if we play our cards right it ought to be a slam dunk to rack up enough wealth to make a few generations of our heirs very happy indeed. They'll go to bed and wake up every day thanking their lucky stars their forefathers saw Peak Oil coming and invested accordingly.

So let's put our heads together and come up with some good ideas. I guess we could write books and go on the lecture circuit, but that's peanuts compared to what we could make playing the markets knowing what we know. Situations like this come along only once in the lifetime of humanity, and we're in a position to profit from it because we see what's happening while the whole world is foolishly living status quo. Their loss will be our gain.

So where should we invest? Oil services? Solar? Wind? Coal? Nuclear? Various energy-conservation products?

I don't know about you, but if civilization as we know it is coming to an end, I don't want to spend it's last days working may ass off for some soulless company. So let's get rich and retire. If any of us doesn't retire as a multi-millionaire in five years, then he's a fool! [smilie=evil5.gif]


Let me guess, you only began seriously researching about PO within the last 2-3 months?

Posts like this are one of the symptoms of "PODS": Peak Oil Denial Syndrome. There are about 4-6 type of posts that indicate somebody has the syndrome. Yours falls into the category of,"Sure, it will be bad, but if I invest accordingly, I'll make a killing and will be able to insulate myself from the collapse."

This isn't to say that some jobs or industries will fare better than others. Obviously, working in the alternative energy industry is going to be better than owning an SUV dealership. Owning a garbage dump will likely provide you with a more secure income than owning a popurri (sp?) store. Authors who write about sustainability and survival issues will fare better than those who write about "getting in touch with your inner-child" or "how to detail your muscle car!!!"

Likewise, some investements are will do better than others. (Precious metals versus stocks in the auto industry).

But if you're thinking your going to get rich off this, you're not really understanding what is going on around you.

In order to get rich off something like this, you need to have been one of those people who saw it coming 5-10 years ago and began arranging their finances/investments accordingly. (See Jim Puplava of http://www.financialsense.com)

Johnny come latelys (which includes almost everybody on this board, including myself) aren't swift or insightful enough to have seen this coming until it is already upon us.

If you're not swift enough to have seen this coming LONG before it became obvious, you're not swift enough to make a killing off of it.

At this point, your best investments would be an organic garden with lots of extra seeds, a sturdy bicycle with lots of extra spare parts and probably a shotgun with lots of extra ammo.

:)

Best,

Matt

P.S.

Nothing in this posting is to be taken as financial or legal advice. Consult with your financial or legal proffessional before deciding to make, or not to make, any particular investments.
Last edited by MattSavinar on Mon 14 Mar 2005, 01:38:57, edited 1 time in total.
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Re: Peak Oil is our chance to get rich!

Unread postby Elijah » Sat 12 Mar 2005, 20:24:08

$this->bbcode_second_pass_quote('MattSavinar', '
')


In order to get rich off something like this, you need to have been one of those people who saw it coming 5-10 years ago and began arranging their finances/investments accordingly. (See Jim Puplava of http://www.financialsense.com)

Johnny come latelys (which includes almost everybody on this board, including myself) aren't swift or insightful enough to have seen this coming until it is already upon us.

If you're not swift enough to have seen this coming LONG before it became obvious, you're not swift enough to make a killing off of it.


This makes no sense. Our civilization hasn't yet begun to change and you're telling me there's no chance to profiteer from the coming economic collapse?!

We're told in another thread that the airline industry is the canary in the coal mine, and they're starting to drop. So why is Boeing still trading at $57.49? We could short the stock now and cover in a few months when it goes to $0. It's a dead-bang certain way to make a killing! We'll have made an easy $50 per share. If we sell our houses and short as much Boeing as we can leverage in a margin account, we'll conrol thousands of shares and make millions!

If you're worried about the dollar not being worth anything when you cover your Boeing short, you can buy "calls" for gold that will allow you to buy gold at today's prices in the future with all the millions you make shorting Boeing. You can use the gold to buy all the seeds you want.

I'm telling you, it's not too late to make a mint on Peak Oil. Heck, it would be easy as pie just to buy oil futures. If we can believe what we read here, you could easily double your money this year, and if you use a margin account, you can leverage a 2x price increase into a 10x return.

I'm telling you, if we all aren't stinking rich in a couple of years, it's only because we've foolishly watched opportunity pass us by.


$this->bbcode_second_pass_quote('', '
')
At this point, your best investments would be an organic garden with lots of extra seeds, a sturdy bicycle with lots of extra spare parts and probably a shotgun with lots of extra ammo.

:)

Best,

Matt


If you play your cards right, you could have a whole farm of your own in the location of your choice and a security force to protect it.
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Re: Peak Oil is our chance to get rich!

Unread postby mgibbons19 » Sat 12 Mar 2005, 21:10:24

$this->bbcode_second_pass_quote('Elijah', '
')I'm telling you, it's not too late to make a mint on Peak Oil. Heck, it would be easy as pie just to buy oil futures. If we can believe what we read here, you could easily double your money this year, and if you use a margin account, you can leverage a 2x price increase into a 10x return.

I'm telling you, if we all aren't stinking rich in a couple of years, it's only because we've foolishly watched opportunity pass us by.



This of course would entail putting your money where your mouth is. For all of the drumbanging on this site, there are still a few who aren't willing to make that bet. Along with having a mouth (which everyone here seems to have) you also have to have some money.

And there's no way I'm taking a loan against my house to short the airlines.
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Re: Peak Oil is our chance to get rich!

Unread postby Elijah » Sat 12 Mar 2005, 21:36:31

$this->bbcode_second_pass_quote('mgibbons19', '
') For all of the drumbanging on this site, there are still a few who aren't willing to make that bet.


You're kidding! Aren't Peak Oil ideas based on science and scientific principles? How can there be any doubt? Shorting Boeing (and any of the airlines for that matter) would be like betting the sun will come up, only you'll get better odds! [smilie=clock.gif]
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Re: Peak Oil is our chance to get rich!

Unread postby DriveElectric » Sat 12 Mar 2005, 21:46:33

$this->bbcode_second_pass_quote('Elijah', '[')We're told in another thread that the airline industry is the canary in the coal mine, and they're starting to drop. So why is Boeing still trading at $57.49? We could short the stock now and cover in a few months when it goes to $0. It's a dead-bang certain way to make a killing! We'll have made an easy $50 per share. If we sell our houses and short as much Boeing as we can leverage in a margin account, we'll conrol thousands of shares and make millions!


For the purposes of shorting stocks, it does not matter whether you short at $50 or $10.

$50 to $0.00 = 100% gain
$10 to $0.00 = 100% gain
$5 to $0.00 = 100% gain

It is never too late to short a stock that is going into Ch 11 bankruptcy. From a pure dollar value, it doesn't matter when you do it.

1,000 shares at $50 = $50,000
5,000 shares at $10 = $50,000
10,000 shares at $5 = $50,000

It is never too late to short a stock that you believe is going to $0.00.
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Re: Peak Oil is our chance to get rich!

Unread postby Jack » Sat 12 Mar 2005, 21:55:52

$this->bbcode_second_pass_quote('Elijah', '
')You're kidding! Aren't Peak Oil ideas based on science and scientific principles? How can there be any doubt? Shorting Boeing (and any of the airlines for that matter) would be like betting the sun will come up, only you'll get better odds! [smilie=clock.gif]


Since you're interested in making money, you first need to define your risk profile. Commodity futures on crude oil are available, although the deferred contracts lack liquidity. Generally, the available leverage is significant. Market volatility could easily force speculators with weak hands out of a winning position. For that matter, it's possible to speculate on fluctuations of foreign currencies versus the dollar, again with significant leverage.

I recall that the old T-Bond contract permitted speculators to control 100M in long term bonds for about $1500 in margin. The T-Bill contract was, as I recall, 1MM, again for $1500 margin. Interesting markets, truly.

For those with limited means but of a speculative nature, put options on airline securities might be viable. If any of the stocks are still at elevated levels, consider a long term (6 month+) out-of-the-money contract. You can check on valuations with the Black-Scholes model; try http://members.ozemail.com.au/~ahyee/callopt1.html

If one is more stodgy, several companies, including Vanguard, offer no-load funds that concentrate on energy or precious metals.

Of course, you could always buy gold and silver...

If you're a tad pessimistic, you could buy quantities of cheap but strong liquor, coffee, and cigarettes. Include mounds of 22 cal. ammunition. These would permit post-crash barter.

Lastly, get to know people who own or control oil. Black marketeers and smugglers have always been highly paid; there are risks involved, but, as they say, no guts, no glory.

Happy? 8)
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Unread postby Lora » Sat 12 Mar 2005, 22:20:40

Vanguard Energy is closed to new investors. This is after they raised their minimum from 3,000 to 20,000. Think they know something?
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Unread postby maverickdoc » Sat 12 Mar 2005, 22:25:17

Lora,
I doubt it this happens with a lot of funds. it is very common.
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Unread postby Elijah » Sat 12 Mar 2005, 22:40:46

This company lives off those canaries in the coal mine.

http://finance.yahoo.com/q/bc?s=BA&t=my


Anyone who says there are no opportunities left to profit from Peak Oil isn't reading our own propaganda. :lol:
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Unread postby Lora » Sat 12 Mar 2005, 22:57:39

Why talk about exotic shorting and margin strategies before you get the basics down. Buy energy stocks outright without any margin.
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Unread postby DriveElectric » Sat 12 Mar 2005, 23:24:15

$this->bbcode_second_pass_quote('Lora', 'W')hy talk about exotic shorting and margin strategies before you get the basics down. Buy energy stocks outright without any margin.


Energy stocks are one way. Other basic material commodity stocks are also likely a good investment. Most of them pay dividends also. Many have appreciated only 1/2 as much as oil stocks.

Coal companies will do well.
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Unread postby Jack » Sun 13 Mar 2005, 00:41:51

$this->bbcode_second_pass_quote('Lora', 'W')hy talk about exotic shorting and margin strategies before you get the basics down. Buy energy stocks outright without any margin.


Exotic? No...

Synthetic stock, which involves selling a naked put and purchasing a call is a little bit adventurous. But I thought the goal was to get rich? And that generally requires leverage. Though leverage works both ways... 8)
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Re: Peak Oil is our chance to get rich!

Unread postby Elijah » Sat 02 Apr 2005, 14:22:40

$this->bbcode_second_pass_quote('MattSavinar', 'I')n order to get rich off something like this, you need to have been one of those people who saw it coming 5-10 years ago and began arranging their finances/investments accordingly.


:razz: I hate to say I told you so. :lol:



http://finance.yahoo.com/q/bc?s=RIG&t=1 ... z=m&q=l&c=

$this->bbcode_second_pass_quote('', 'D')ALLAS (MarketWatch) -- Oil and gas stocks added more than 2% at Friday's close and considerably more for the week as crude ended at an all-time high and gasoline and heating oil futures closed at record levels.


A lot of money has been made in oil-related stocks over the past year, and quite a bit in the last couple of days.

http://finance.yahoo.com/q/bc?s=%5EOSX& ... z=m&q=l&c=
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Unread postby Ebyss » Sat 02 Apr 2005, 14:34:59

Did you make any money out of it?
We've tried nothin' and we're all out of ideas.

I am only one. I can only do what one can do. But what one can do, I will do. -- John Seymour.
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