Markets Unresponsive/ble

Note that having recommended gold to my financial patients, the London Exchange upgraded their expectations for gold values in 2008 and 2009 by a over 10%. Patients who switched made tidy profits.

Why are markets not responding to the rise in the price of oil? Despite $93/barrel oil, risky supply chains, peaking production, and consumer clamoring for different and clean fuel,

X

is keeping us chained to oil.

X could be many things. Even two things at once. Heavy oil infrastructure totalling billions-on-trillions of dollars in refineries, motor plants, stations, service, technical jobs, as well as tens of trillions of dollars [<- weighty... like a weight around the ankles near the noose] in oil fields worldwide.

X could be corruption of existing sticky market systems. Where there is lots of money and not much light, there is probably disorder.

X could be the control that oil and owning oil gives over the world. Controlling oil pipelines and fields keeps some tabs on the production capabilities of the world, ensuring that Egypt or Australia don't begin producing megacheap cars that crash Chevrolet [again] or Ford. Keeping tabs on oil is like roughly by volume like keeping tabs on nuclear power plants. We also seem to get money from every oil trade done in dollars. Petrodollars they call them. This could be 15%-45% of the reason we trade in oil worldwide.

X coulds be the costs of the alternative technologies. The control we get from oil is 50% of the risk reduction. The other ~50% would be lack of the energy chaos that could excite itself from better energy sources. Egypt or Australia could do mostly anything with that much free energy, and our big slow companies believe they could not compete with that, even though they'd likely have first crack, owning the patents.

Is this control system ethical? No. It causes millions of deaths every year, contributes grossly to pollution, and is on a shortening trigger that could seriously kill billions of people. Can it be done economically? Briefly.

What would happen if we switched, if the Bilderburgs switched [we already have] from an oil economy?

It would run like this:

The only seriously viable energy sources outside of oil are infinitely awesome. The Z-machine is the next best choice, because it costs so much. Money is control. Z could produce lots of cheap and fairly clean energy, and we could then do e-cars or something, but it's still $40B+ per plant. Whereas alchemical reactions inside a water splitter are a few hundred bucks. That wouldn't control a Chinaman.

Hydrogen that needs to be stored isn't so great because that makes Hindenburgs. But hydrogen on the spot is grunderful. Stored hydrogen isn't on anybody's list. Except the Archduke.

So if GM announced they were releasing energy technologies tantamount to cheap free energy for anybody basically anywhere, they would be effecting their own primary dismantling, first by losing the value of their oil energy shares, second by losing the best part of the market entry cost of their industry, which they rely on to keep out the riffraff, like this guy. He would use you like *floss*, GM... Unless you floss first.

This is still the announcement. The technology would immediately be duplicated by every supplicant country we own. They would cast off our oily shackles and become far more self sufficient. The only thing they would not have they need to be free from the others' control is technological laboratories and factories, and infrastructure, and the sheer labor required to do it. The good world would probably catch up to us in quality of living and maybe in something like economic production in one decade.

You forget, though, that everything they experience and invent will be ours too.

The division between mankind, primarily caused by terms of space and distance and locality and ownership, will be dissolved more completely by the world of ideas. So many fewer limitations will keep us apart and different. This will make us closer brothers and friends.

The post-oil world will be different. So much more will be possible. That is risk that many out there do not want. Yes, someone will probably organize a death-ray army and try to conquer the world, but even if they win briefly the good folk will a) find out and b) come back and crush them silly.