SLOW, FAST, INSTANT 4
Why do I think that
this is the last economic collapse, the tipping over the edge of the
waterfall? After all, didn't I think that the last economic meltdown
was the same? I talk a lot about Peak Oil and Derivatives exposure
and bank failures. All that means is that something ( or, more
likely, some thingS ) is going to be the straw that breaks the camels
back. Collapse is baked into the cake, and it has been known from
that day long ago our good buddy Hubbert figured out how oil fields
depleted, in a known manner.
*
And for all you
Fracking Fan Club Boyz, sorry, but fracking depletes at a minimum of
TEN times faster. Let me introduce just a wee bit more math, even
though that is kryptonite to Optimistic Ollies. The Oil Age, insofar
as most of the energy we use being derived from petroleum, is nearing
a century. For HALF of that time, we have been discovering less and
less conventional oil ( you know, the stuff we built our country out
of ) until we have reached the point we are using more every year
than we discover.
*
You remember that the
same is going on with grain, yes? We are using more every year than
we grow, digging deep into reserves that are now mostly gone. Is
that sustainable? Well then, what makes you think fracking is, when
a well taps out in two or three years? Not forty plus, as in
conventional oil. Whenever someone brings up “Venezuela has the
globes biggest reserves”, I want to go to the homeless camp, get
hobo raped, get AIDS, and then cut the speaker and spit into the
wound. Venezuela oil is NOT conventional petroleum. It is that fake
crap like Canada has, not even real oil. As in, low BTU.
*
The bankers can play
with inflation and credit creation and stock market purchases all
they want, but without OIL, modern banking is dead. Dead as my lust
for Melanie Griffith after she got one plastic surgery too many and
now she looks like the villain from “Saw” with those cheekbones.
Look it up, you'll see what I mean. Anyway, resources must back
money creation. Otherwise, you get uncontrolled inflation which
gains nothing but a little time. With resources, prices can be
contained.
*
The halt of the growth
of oil in 2005 gave us the beginning of the economic meltdown in
2007. In early 2019, fracking oil GROWTH stopped. Within months,
the economic meltdown began. All the credit and currency creation in
the world does nothing but buy us a slight amount of time. You could
be excused from being unawares of 2008. It was the first time any of
us had experienced oil growth being halted which effected the economy
terribly. Oh! Wait! We did experience that, in the early 70's.
*
What was your excuse?
You didn't believe in Peak Oil. What was MY excuse? I have none. I
should have seen it coming. I didn't, other than in a general
“something really has me worried” way. I started buying land in
2005, knowing I needed to avoid paying rent. That was my basic
subconscious acting upon an inarticulate fear. Other than that, at
the time I lacked the practice of deeper analysis. And back then,
the MSM did NOT hide the economic indicators. Now, nobody shows the
real news ( political smokescreen, remember? ), and actively seeks
out to suppress any real economic news ( don't you DARE believe the
Deep State isn't behind the censorship ).
*
What was this latest
beyond believable circus act of an impeachment, if not an actual
attempt to distract the masses as the economy started melting down?
Why else do you sacrifice so many of your troops ( Biden )? If they
have to take Hilary down, they most certainly will. If that is what
it takes to keep the wool over our eyes, you can bet they slip her a
larger dose of Stupid Juice, and trot out a drooling senile old bitch
to distract everyone. My guess? Hilary being thrown under the bus
means we are already imploding hard economically.
*
They already know a lot
of us know, and have stepped up an attack against THAT, doubling down
on “Deplorable Scum”, “Kill Honky Mo-Fo's” and the like,
trying to discredit the voices that dare murmur the emperor has no
clothes. Snowden was most likely a sacrificial lamb to scare the
other folks into shutting up about anything. Same with YouTubers.
And please, do NOT think I'm implying that I'm brave or fearless. No
one listens to me, and I pose a threat to no one. And I throw enough
“bizarre ideas” on the wall to see what sticks that I've
discredited myself anyway.
*
Oh, look at that silly
Jim. Implying the Holocaust might or might not have happened.
Questioning the moon landing. Thinking a fertilizer bomb cannot take
down a building from across the street. And etcetera. Right? What
could I possibly know about an economic collapse or running out of
oil? I do know this, though. If you are relying on the government
to tell you when a collapse is happening, you are barking up the
wrong tree.
*
Better just to be extra
paranoid, rather than not worried enough. By many metrics, we are
worse off right now than in 2008. The banker bail-out is not being
televised. The rejection of the petro-dollar is being ignored. And
we do NOT have an alternate source of energy this time around to
allow banker credit or currency creation to be successful. Got
wheat? Got ammo? What do you think are the two biggest contenders
to be controlled and run out of? Food has been a problem globally
and COULD be one now as one natural disaster after another impacts
mid-west Big-Ag production. Ammo is one pen stroke away from be
highly taxed, regulated or outlawed ( the Second Amendment protects
guns. Does it say anything about ammunition? California doesn't
think so ).
*
Wheat and ammo are
cheap, and anyone on any budget can deep larder them. Even if all
you do is stock rimfire ( and for the love of God, avoid the 4cent
Remington crap. Spend an extra cent of two on a better brand ) so
you can go crazy on wheat, it will work. Focus on calories first.
Do not go with taste or balanced diet. Calories first. AFTER that,
then fat and vitamins. THEN, protein. You can trap or hunt with a
pellet gun. You can pick wild greens. But you need a base of
calories or you will have no fuel to carry on with everything else,
from foraging, hunting, water gathering, defense or heating your body
in winter.
*
If nothing happens,
you've gotten food and ammo as cheap as it is ever going to get (
don't worry about silver until you don't need anything else, although
I can't imagine anyone who can't buy at least ONE ounce of bullion
for $20-$25 at a coin shop. Trust me, it will be worth more than a
gold coin is worth now, and very soon. Risk a $20 bill. Better than
going to the movies and gambling watching a Grrl Power CGI hunk of
crap ). Stock up your kitchen cupboard for a regular grocery
stockpile. Stuff that only needs to last a year or three. A few
bags of sugar, flour, rice, Masa ( whole grain corn flour, very fine,
great for scrapple ). A tiny bit of grease and meat, added to
starch, will really reduce the grocery bill. You can do something
every day, for just a few bucks, to really get ready. If nothing
happens, nothing has been lost. If it DOES...
( .Y. )
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Melanie Griffith? You're a hard man, Dakin. It's the same though with my "be still my heart!" Hollywood actress of my youth - Meg Ryan. The poor gal also was ruined by surgery. She looks like a monster now.
ReplyDeleteSilver is good. Having it is comforting.
Keep up the good work.
Right. Jim you are spot on with the basic simpleton stuff that all of the other dorks o'the web can't seem to grasp or seem to fit into their blathering pandering of improbables, in between the imbecilic ad banners of lame assed web sites.
ReplyDelete("Hey kids, our sponsor has pvs-14s on sale @$2500. Buy now, force multiplier, hoorah!) Jesus weeps.
If a Minion can't eat and be hermitaged, "ain't going to make it".
Stay Frostiest.
Yeah, and any Minions who "shop, or buy", anything for whatever concocted reason now and until deep into december, are part of the problem. (Tis the season, meh. (Lemmings one and all, jump the frigging cliff and get it over with and get out of the damn way). Unless bulk wheat-food or ammo buying everything else is an unpatriotic contribution to counter revolutionary activities of gluttony, and are subject to corporal punishiments for retraining. Thanks Jim, for standing firm on principles of thruth, and not blowing wind (about flirs and discontinued car models as collectable investments) it does get tiresome, jeez.
ReplyDeleteAnd all that for just a buck a month ( subject to ability to pay, of course. Credit given, only 19% interest. A month )
DeleteSpeaking of Melanie, look and weap:
ReplyDeletehttps://i.dailymail.co.uk/i/pix/2018/01/17/21/483D938400000578-0-image-a-92_1516226051787.jpg
I gotta ask, what is hobo rape?
Is that where that nasty ass down by the railroad tracks wraps that red bandanna around his fuk pipe as a make shift rubber before he folds you up like a step ladder?
You got it about right, but he doesn't use a bandanna.
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ReplyDeleteI don't talk much about reloading. Minions hate my choice of Lee. First, they said you couldn't load fast enough, then they said it would definitely break within a few hundred rounds. I still swear by Lee Loader. Best for a bolt action anyway. I have two for the Enfield, and a kind minion sent me one for the 357. I buy shot from Amazon as no one local sells lead ( not even the metal recycle place ). You can use 12v batteries, or not as the chemical saturated metal will kill you, take your pick on reports. I use shotgun powder for the rifle, as it is cheaper and will shoot pistol rounds as a carbine load ( I also have full size loads, but will cannibalize Russian 54 rounds I bought when they were 25cents each, and nobody had any reloading supplies to sell ). I use the lee bullet mold 311-93-1r ( .311, 93 gr ) for the carbine loads. Your Mosin can use the same. It was just too expensive to put aside 5k in reloading at full power. The 303 gets about 150 rounds per pound of powder, rifle rounds ( 350-450 carbine, depending on powder charge. 13g has been used but I want a bit more. You use shotgun powder because the case needs to be over half full ) I think yours would be similar.
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ReplyDeleteOpening up old conventional wells definitely underlines the issue fracking is having right now. Excellent boots on the ground report, thanks
DeleteAnother data point: I was getting my hair cut this morning in northern Colorado (lots of fracking wells here) and the stylist mentioned that earlier this week she cut the hair of some guys who just got here from Texas. They were up here on a six month contact to do oil pipeline work. I've also noted that some of the fracking wells near me that were shut down a while back due to local activism have resumed operations.
DeleteIs your area part of the high producer sweet spots, or has it been marginal production? I know Texas and Dakota were the biggest/best, so it seems the second tier are now coming online due to desperation. I could be off, which is why I ask.
DeleteGood question. We do have a "sweet spot" with the Niobrara formation but it's nowhere near as big as, say, the Permian. I think the issue was with environmental concerns about fracking in this Blue State. Colorado was putting out about 500,000 barrels of oil per day and was #6 in the US in natural gas production. Most of the extraction, however, was done with fracking. However, we (Coloradans) had measures on the November 2018 ballot pertaining to fracking regulations and perceived safety issues which would have drastically reduced newly drilled wells and shut down many existing wells (more here: https://www.denverpost.com/2018/11/06/colorado-proposition-112-results/ ). That slowed the entire industry down for a while, especially in light of a fatal explosion of a house due to accumulated natural gas which leaked from a nearby well. It appears that the slowdown due to legal uncertainties has been resolved with the passage if a bill in the state legislature ( https://www.bizjournals.com/denver/news/2019/04/16/colorado-new-oil-regulations-sb-181-law.html ) but it also cut the number of new permits by one half ( https://www.bizjournals.com/denver/news/2019/11/08/colorado-oil-and-gas-well-permitting-post-reform.html ). My guess is that with the number of new wells curtailed the oil companies are focusing on getting the most out of existing wells and bringing in people like these fellows from Texas to bring them into compliance to the new regulations. Adding cost to an already losing proposition - what could go wrong?
DeleteI think the injection of "whatever chemical cocktail you want, thanks for the bribes" will be kicking us in the nuts for some time to come. Birth defects without banjo players being involved. But, that never stopped profit and jobs before. But more importantly, the spice must flow unless we want to freeze in the dark. Stripper wells and marginal higher cost fracking just tell me the end is nigh. Like we didn't already know it, right?
DeleteI grew up with stripper wells just a bike ride away in '70s. It wasn't the end then and isn't now.
DeleteBut keep swinging Lord Bison....Lol.
I grew up near a road. One day there won't be any more traffic on them. Just saying.
Deletere:
ReplyDelete"...investing in discontinued vehicle models..."
I laughed then, I laughed again just now.
Over at,Rawles,ville, they have a slow news week.
And not one mention of 'Pe(a)king Oil'.
Bison cornered that market.
PS:
Q:
What do you call three Pontiac Aztecs sitting at the dealer?
A:
A life-time supply!
Yeah, I'll admit I didn't get the joke. Oh, well. The Pontiac Aztec will be a collectors item one day! :)
DeleteCarpet bagger! Not used enough, a classic. Good on you for giving back.
ReplyDeleteWhy would a country "invest" in a losing product like fracking oil-ng? Assume that they KNOW that the energy return on invested energy is negative, AND, at prices Americans can pay there is a negative USDollar return on every barrel produced.
ReplyDeleteWHY? One reasonable explanation for this is the same why that drives car title and payday loans: last resort, buying time. By generating a few million barrels per day and a few million cubic feet, the US Dollar has perceived value to the world petroleum market as they assume that the frack juice and gas is deliverable. It's not, of course, but it keeps the world supplied with Dolloros on the margin.
Every once in a while, I hear Sean Hannity declare 'Merka energy independent! Team America! Fuucck Yeah!, while we use 20MBpd of good refinery feedstock and frack 12MBpd of superlight flammible crap juide n gas. I was proficient on 3rd grade maths time tests and 12 minus twenny is a non-exportable amount of fuel. Then, there is the 10% ethanol they mandate in my fuel to "reduce emissions" while it makes my older cars run bad and get 10% fewer mpg. The fuel station pumps have a warning sticker for owners of older cars cautioning that ethanol corrodes rubber and may result in vehicle fire! Please, spend mass quantities of dough with your local mechanic or buy a new car.
pdxr13
Ethanol and Cash 4 Clunkers, the best tax money ever spent subsidizing the bankers. Get better cars off the road, get total plastic crap on, and watch the prices zoom up. Nothing to see here with all time high auto loan delinquency rates.
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