Saturday, December 4, 2010
Friday, December 3, 2010
Is Water the new oil?Michael Braverman: “Worldwide Water Conspiracy”
They call it “Blue Gold.” Water is the new oil. Once a human right, it’s now a valuable commodity, and corporations and super-rich oil dynasties are believed to be buying up water rights, controlling nations and populations. Jesse looks into the possibility of these activities finding their way to American shores and uncovers what may be a plot to literally steal the Great Lakes. Tonight on Conspiracy Theory
It is clear our nation is reliant upon big foreign oil. More and more of our imports come from overseas.
- George W. Bush
When the well is dry, we learn the worth of water.
- Benjamin Franklin
You can own oil, but you can’t own water. You can invest in oil and the industrial complex that finds, produces, refines and distributes it. You can invest in the industrial complex that finds, produces, treats and distributes water, but you can’t invest in water itself. Oil and its byproducts are toxic to life whereas water is essential to all life. Perhaps therein lies the origins of the difference to investors. Fresh water is, for the most part, not owned by anyone but is (in most cases) managed and distributed for the public good. The price you pay for public water is essentially the cost to transport, manage, treat, and distribute it to the tap in your home.
You can’t – at least not yet – buy water on any exchange in the world. As water supplies get tighter across the world, this could change. Water is the new oil – a precious commodity, increasingly harder to find, manage and distribute; and that supply is often subject to the whims of Mother Nature. Control of available water is subject to the whims of government. In some parts of the country, the availability of water is restricting the building of housing.
Some regions in the U.S. are learning the hard way – the Southeast is entering its third year of drought conditions. Lake Lanier, Atlanta’s main source of water is over 13 feet below normal, despite recent rainfall. See embedded drought map of the U.S. below. The world drought map doesn’t look any better.
Like oil, water must be transported from where it is found to where it will be used. Pipelines are commonly constructed to bring the water to a central collection and treatment plant. Once at the central plant, the water must be tested and brought up to potable standards. Only then is the water released into the municipal distribution system. You may have seen news stories about large consumer products companies and their quest for water to fill the millions of plastic bottles they sell each year – a lot of this water comes out of the municipal tap. You may also have seen stories about the treatment of sewage to return it to the potable water supply – this is happening now in Southern California.
Investors can tap into the water pipeline at four main places: infrastructure, treatment of water entering the system, consumer products (bottled water) and treatment of water exiting the system (sewage treatment).
You can find stocks of companies involved in the various phases of water treatment and distribution but as readers know, I am a big believer in the diversification benefits afforded by ETFs. There are currently at least four ETFs concentrating on water – primarily transportation, delivery infrastructure and treatment.
Thursday, December 2, 2010
CHINA AND RUSSIA DROP DOLLAR
Russia and China have announced a decision to abandon the dollar in bilateral trade dealings, resolving instead to use their own currencies.
The decision resulted from a bilateral meeting in St. Petersburg, Russia, between Chinese Premier Wen Jiabao and Russian counterpart Vladimir Putin.
The Chinese yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, according to a report in the China Daily.
In the discussions, China agreed to purchase two nuclear reactors from Russia and prices similar to those the Russian gas giant Gazprom charges its European partners were set for the Chinese purchase of Russian natural gas.
The move marks a continued departure from utilizing the dollar as the standard of international trade, a position the dollar has held since the end of World War II.
"This latest move - a continuation in a series of efforts by both countries to move away from U.S. dollar usage in international trade - further threatens the dollar's reserve currency status," Hao Li wrote in the International Business Times. "China and Russia are gradually revolting against the U.S. dollar."
At the same time, French President Nicolas Sarkozy proposed having the yuan enter the pool of currencies in the International Monetary Fund's Special Drawing Rights, as a step to wean the international monetary system off its reliance on the dollar, Reuters reported.
"The smart thing for the IMF to do would be to put the yuan in the SDR basket today," Jim O'Neill, chairman of Goldman Sachs Asset Management, told Reuters. "Then the SDR would have some obvious appeal to the private sector: this could quite rapidly open the door to less dependence on the dollar."
According to Reuters, the SDR currently accounts for only 4 percent of global reserves, or $308 billion; the four currencies that make up the SDR - the euro, the Japanese yen, the pound sterling and the U.S. dollar - account for only 46 percent of world trade.
A five-year review of the SDR basket completed this month excluded the yuan because it is not freely traded on international currency exchanges; the admission of the yuan into the IMF basket comprising the SDR would be a major accomplishment for yuan and a major setback for the dollar.
Clearly, Russia, China and France all anticipate the coming day when the dollar will be abandoned as the global foreign-exchange currency and the standard for settling international trades.
China objects to Fed's quantitative easing 2
At the G20 meeting in South Korea earlier this month, China denounced the Federal Reserve's plan to pump $600 billion into the U.S. economy in the next eight months through buying Treasury bonds, in a plan known generally as "Quantitative Easing 2," the Guardian in London reported.
Despite grumbling about how the Fed is debasing the dollar, China, the biggest holder of U.S. Treasury securities, boosted its holdings in September, for the third straight month, according to the Associated Press.
China's holdings of Treasury debt rose to $883.5 billion in September, a 1.7 percent increase from August.
On Oct. 14, 2010, Andrew Batson and Aaron Back reported in the Wall Street Journal that China's foreign-exchange reserves topped $2.648 trillion at the end of September, "in a record surge" that makes China's foreign-exchange reserves the largest amount ever accumulated by any nation.
China's reserves increased by $194 billion in the third quarter 2010, marking their biggest-ever quarterly gain.
Tensions with the Obama administration continue over China's refusal to allow the yuan to freely float on currency-exchange markets.
The yuan has risen only about 2.3 percent against the dollar since June, and many U.S. politicians still view China's currency as being kept intentionally undervalued as part of China's policy to boost exports.
China has repeatedly insisted its central bank will make only "gradual changes" in the exchange rate.
China cut its holdings of long-term Treasuries by $21.2 billion in June, reducing total Chinese holdings of Treasury debt to $839.7 billion, Bloomberg reported.
China has been diversifying its foreign-exchange reserves away from the dollar, in favor of the euro and gold, since June 2009, when China's holdings of U.S. Treasury debt peaked at around $950 trillion.
ABOUT THE AUTHOR: Jerome R. Corsi received a Ph.D. from Harvard University in political science in 1972. He is the author of the #1 New York Times bestselling books THE OBAMA NATION: LEFTIST POLITICS AND THE CULT OF PERSONALITY and the co-author of UNFIT FOR COMMAND: SWIFT BOAT VETERANS SPEAK OUT AGAINST JOHN KERRY. He is also the author of AMERICA FOR SALE, THE LATE GREAT U.S.A., and WHY ISRAEL CAN'T WAIT. Currently, Dr. Corsi is a Senior Managing Director in the Financial Services Group at Gilford Securities as well as a senior staff writer for WorldNetDaily.com.
Related Articles
Egyptian Archaeologist Admits That Pyramids Contain UFO Technology
This isn't shocking at all, but the so called white Egyptian Archaeologist don't want to give credit and say that the ancient Kemetians/Egyptian were a black race and civilization.
n a shock statement, head of the Cairo University Archaeology Department, Dr Ala Shaheen has told an audience that there might be truth to the theory that aliens helped the ancient Egyptians build the oldest of pyramids, the Pyramids of Giza. On being further questioned by Mr Marek Novak, a delegate from Poland as to whether the pyramid might still contain alien technology or even a UFO with its structure, Dr Shaheen, was vague and replied “I can not confirm or deny this, but there is something inside the pyramid that is “not of this world”.
Delegates to the conference on ancient Egyptian architecture were left shocked, however Dr Shaheen has refused to comment further or elaborate on his UFO and alien related statements.
cairo-universityThe Great Pyramid is believed to have been built over a 20 year span. The pyramid is so huge and so perfect that we wouldn’t be able to construct something like this in our days and age that will compare. Each giant Stone ranges from 1 to 20 tons in weight, and the Great Pyramid consisted of well over 100,000 stones. But the Egyptians had no machinery, engines, or construction equipment. So the question still stands, who built the great pyramids?
Theories suggest the Egyptians built these pyramids, but this asks us how Egyptians hauled 20 ton stones and placed them perfectly Hundreds Of Feet high 145.75 m, 481 ft high. Some suggest they built a ramp with stones that went from the ground to the top. The flaw in that theory is that It would take More Rocks to build the ramp than it would to build the Pyramid. When the Pyramid was done, where did these rocks go? So much for that theory.
gizaplateaugreatsphinxpyramidofkhafreAnother question is How did they move these extremely heavy rocks? Experts that insist Egyptians built the Pyramid suggest, trees were cut down and smoothed off, and were used as giant rollers under these 20 ton rocks. If you would roll a 20 ton rock on 5 trees, The tree would be too worn down and awkward to haul another, so these logs would be replaced every Stone. Due to the fact there are over 100,000 stones that make up the pyramid, you would need an excess of a half million trees. The problem with this theory is the lack of trees in that area. Egypt grows some date trees, that’s about it. And they certainly wouldn’t cut down all their date trees, for dates are one of the main foods in EGYPT! Now the Great Pyramid was the biggest and tallest of all the Pyramids ever built. Since the Egyptians left us an entire detailed written summary of every event in Egypt imaginable, You would think the building of the greatest Pyramid would be discussed. But it Isn’t. The Pyramid was referred to a few times in very early Hieroglyphics. Egyptian writing suggests the Great Pyramid Was Standing Before Egyptians Populated The Land. Ancient hieroglyphics have detailed writings of farming, giving birth, Pharaoh worship, Hunting, Building Structures, etc, BUT the Building Of The Great Pyramid Was Never Mentioned. Hehe makes ya wonder If it took 10,000 workers per month over a 20 year span to build the Pyramid like experts suggest, There wouldn’t be enough people in a 500 mile radius to make this possible at all.
Actually ancient Egyptian writings very often talk of beings from the sky, the sky opening and bright lights coming down to teach them technology and give them wisdom. Many pictures and symbols resemble UFOs and aliens. POSSIBLY aliens built the Great Pyramid. And these solid long lasting construction techniques were adopted by the Egyptians.
from-saqqmur1Ancient Egyptian legends tell of Tep Zepi, or the “first time”. This is described as an age when “sky gods” came down to Earth and raised the land from mud and water.
They supposedly flew through the air in flying “boats” and brought laws and wisdom to man through a royal line of Pharaohs. And of course, this was all thrown out the window when Christianity came along. Keep in mind that the Gods were the one and only ‘religion’ that there was. No other conflicting beliefs? Why? Well because it was fact, not faith. The modern church would have you believe that’s it’s just a myth. But you have to ask yourself on the edge of Occam razor, what truly indeed is more likely?
That a very advanced alien race came down and altered our gen pool, like ALL other ancient cultures concur with OR, that a bearded spirit in the sky basically went ZAP, and created us in six days. (And kicked back on the seventh)? of course not.. all that in the bible is just copied and manipulated to suite someone else’s agenda for power.
Wednesday, December 1, 2010
Subscribe to:
Posts (Atom)