Good read. Though I'm not convinced about peak oil, Alaska could very well have goo gobs of the stuff. Also it's a blatant possibility that the free, renewable energy technologies being suppressed will be released, changing everything.
peak humans, is more believable. since there are Nerve gas chambers at FORT KNOX unless we run dry of water in the sea, may be I can be convinced that there is a thing call peak oil
Unless we can produce more oil then was produced in 2005 debating about peak oil is a waste of time...
Heard that russia tapped a near unlimited amount of oil since it drilled 40 kilometers into the crust of the earth.
Just read a book titled 'The Crash Course' written by Chris MARTENSON. IMO it's compelling reading whilst we live on an earth with finite resources that has a financial system designed around continual exponential growth (of everything). We have to hit the limits at some point - perhaps in the not so distant future. Energy is going to cost a lot more in future as oil declines in availability. One of his charts indicates 11 years of easy silver left to be mined. Its interesting that that United States Geological Survey mob also say that all the easy silver (read high ore grades and easily dug up etc) will be depleted by 2020. As ore grades steadily decline and energy costs of extraction increase, there will be less and less economically recoverable metals (and every other resource that is mined) coming to the surface. It will only remain economic if the price of the metal increases. No moonshot perhaps, but if I stick some bars in the back cupboard for 10 - 20 years... Bill
Chris Martenson has also delivered a few presentations on Peak Oil. One of his most succinct deliveries covering exponential debt, energy, Peak Oil, and Peak Metals was in Madrid in November, and the premise is the same as hi Crash Course - check it out here: http://www.youtube.com/watch?v=8WBiTnBwSWc It's a great presentation, he explains things in idiot-proof language too, and he deals in facts - opinions are left to the audience. His own view is that silver is a long term play, and he certainly puts his money when his mouth is: 75% of his entire wealth is invested in physical gold & silver. He was a VP of Pfizer & had a 5-bathroom house in Connecticut with a yacht or something, so I'm thinking he's a little minted & holds a fair stash of metal. He's now living in a small rented rural house in the US, ready for an implosion in fiat currencies and the US financial system. Fill up that cupboard.
I think as more and more things become miniaturised and energy efficiency increases we won't need as much energy for many things. And probably not as much silver. The world of nanotech isn't that far away. Plus with the internet will there be as much a need for travelling for business? Not to mention fusion is becoming more efficient. (though admittedly still not producing more output than input yet).
