Well put Kalmsg.
My only addition is I think the Oil scenario will accelerate faster than we expect and therefore the rush to alternatives ie Hybrids.
World production about 75mill barrels p/d world demand about 82 mill barrels a day
and increasing..... not rocket science....
Hybrids (and modern diesels) are IMO one of the few available technologies now to mitigate this.
2009 I think will be cruch time with a bit spike in Oil prices followed by possible shortages.
Brings back memories of Yellowcakes touting of "end of suburbia" - good dvd
Crunch not over in the US yet, look for the Feb to cut lending rates in Sept (only cut discount rate Friday) to help the mortgage resets and default, this should put the skids under the USD good for gold and eventually good for commodities…..
where too..., page-14
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