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Originally Posted by Starving Steve

With all the new windmills in the UK, plus the solar panels, why are you short on oil/gas ? If the green power was half of what it was said to be, the UK should have surplus power now, surplus everything including unused oil/gas.

I really think our/your economic condition right now is so bad that we should go heavily back to oil/gas, hydro-electric, and nuclear. I also think that buying oil from the Middle-East is unwise because of the unsavory governments there, especially that bunch

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Originally Posted by Starving Steve

Naturally, when you let the eco-frauds and climate-frauds set your energy agenda, you run-out of fuel. Why is anyone surprised?

You can damn well get on with side-a-ways oil drilling everywhere. You can also expand your North Sea oil. You can also up-grade your heavy oils. You can also drill your natural-gas because nat-gas is everywhere. You can also build atomic power plants. You can build hydro-electric dams. You can even expand your coal mining and expand your coal-fired power

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Originally Posted by Starving Steve

Forbearance: The process of lenders meeting with borrowers to help re-structure mortgage payments so that borrowers can avoid default.

Interesting! So forbearance might begin in the UK immediately when a mortgage payment is missed, and if the forbearance is unsuccessful, the borrower (at the option of the lender) will turn-in their house keys to the bank three months after the day of default.

EXCELLENT! Forbearance should have happened decades ago when the housing

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Originally Posted by Starving Steve

If I have a fiat $100-bill from America, and I have a fiat $100-bill from Canada, and similarly a 100 pound note from the UK, and maybe a 100 peso note from Mexico, a 100 Yuan note from China, and more of the same fiat 100's from other countries in the world, do you mean to tell me that the sum of all the fiat currencies is something better than the fiat parts?

Let me try this SDR logic with U.S. fiat: Do you mean to tell me that 1 x $100-bill in U.S. fiat money is worth more than

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I'm writing today to talk about the paper I saw here:
http://www.goldmoney.com/gold-resear...inflation.html

It says something I want to take issue with.

So the prospects for 2012 and thereafter are for TMS to continue its hyperbolic trend...

this is a graph I made to illustrate my point:


Notice in the article that Alasdair Macleod doesn't draw a hyperbola through ...