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marc faber says sp500 is going to 1200, page-35

  1. 1,750 Posts.
    Fone geeks:BWJ, if things rally turn to sh*t mate , where the hell are you going to get your fuel from, to 'relax' with lobster? What will you do for food for 3 months while waiting for your garden to grow veges? Best you do some real reading ,especially border infultration,and mass popn. migration before writing stupid comments. Geez,the ignorance in here is blinding...END Quote

    Mate: Once again what are you on about? Your pomposity is the blinding issue here.
    Australia is clearly self sufficient and always has had a surplus of food. Prove me wrong rather than bluster. we are irrefutably a next exporter of food. Sorry Fone geeks thats just a fact.

    As for fuel I work in the Petrochemical Industry. Lubricating oils are the issue that we have a problem with the moment. There are sufficient gas reserves in this country to synthesise all the required petroleum and also the lubricating oils. This would require the utilisation of Fisher Tropsch synthesis technology(look it up if you must) This would only be economical if the oil price assumptions were to go to say $250 bucks a barrel and stay there to pay back the considerable capital required to construct the plants. Despite your unfortunate and mistaken desire to paint us as some sort of Japan down south the bottom line is that we are one of the most bountiful and resource rich nations on the Earth. Back on theme you can wander around your turnip patch wearing a sack and pretending to be a peasant farmer I will be eating a Lobster.(hmmmm yummy)

 
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