Monday, October 10, 2011

Peak Silver Revisited: Impacts Of A Global Depression, Declining Ore Grades & A Falling EROI

The world is about to peak in global silver production. This will not occur due to a lack of silver to mine, but rather as a result of the peaking of world energy resources, declining ore grades, and a falling Energy Returned On Invested – EROI. The information below will describe a future world that very few have forecasted and even less are prepared. This is an update to my previous article Peak Silver and Mining by a Falling EROI. In my first article I stated that global silver production may peak in 2009 if we were to enter a worldwide depression. We did not have the global depression as massive central bank printing and bailouts have thus far postponed the inevitable.





Two Political Parties For The Prices Of $1,188,644,055


The next time someone tells you that political party X is not entirely purchased by Wall Street, specifically Goldman, Merrill (aka Bank of Countrywide Lynch) and Morgan Stanley, or that Barack Obama is not the most "gifted" politician in history, show them the following infographic...










Guest Post: Test Your Knowledge Of The "Infamous" Columbus Day Rally


Can you guess the year? Some notable quotes, announcements of government "fixes" and an SPX chart are provided for your assistance.








China Currency Bill: Politics vs. Economics
EconMatters
10/10/2011 - 19:45
3 big questions for anyone supporting the China Currency Bill








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