Originally posted by foundation:
Originally posted by Fern:

Quote:
Originally posted by Nobleone:
My take on it is Peak Oil is it’s not a doomsday theory, its just a peak in the oil supply graph. Oil will not run out ever, there will always be some to find at a price.
…and that change in price should be enough to make alternatives cost…[Read more]

Originally posted by Nobleone:
Hi all,

I was a ‘peak oil’ follower until I recently read this article…

http://www.rense.com/general63/staline.htm

… which gives some very reasonable debate material re the abiotic oil argument.

It’s a long read, but I always say that if you don’t read all the facts/theories/ideas etc you really cannot make…[Read more]

Has anyone seen the Doco “The End of Suburbia”.
You can get it on DVD, probably have to Google it, as its not on wide release. I was handed it by someone who said i just had to see it.

Its about Oil Depletion and goes into the real estate logistics so to speak. Really interesting stuff. In fact an eye opener. Its US/Canadian based, but quite…[Read more]

Originally posted by wayneL:
Originally posted by Fern:
What I’m getting at is there will be a hell of a lot less energy to go around, and at a very high cost COMPARED to oil.

Fern, this is exactly the point the Pollyanna’s are missing.

Even if there were some alternative, viable and cheap energy source. The cost and upheaval to change over,…[Read more]

Hi Mortgage Advisor,
We don’t own the machines, we do filling & maintenance on contract. We own the trucks[biggrin]

The reason we only do 340 now is we needed a life[laughing]. 800 was full on.

My partner & I have a company that fills & maintains drink vending machines on contract.
We currently have 340 machines, but have had up to 800 in the past.

Its all about location. Our top placed machines do over 20,000 units a year, but its a cut-throat business when it comes to placements. Anything selling under 2400 units a year is unworthy.…[Read more]

Originally posted by Marc1:
So, you are comparing a full-scale coal generation plant or why not a nuclear one, with a midget hobby solar panel on the top of some greenie’s roof are you?
That is a serious comparison is it?

Whats your point. I never mentioned coal or nuclear. And yes all sources of energy can be compared. But I don’t think you…[Read more]

Really!!

An installed solar photovoltaic system will cost you three times the kw/hr cost of on-the-grid electricity over its lifetime of 30 years.

Solar hot water pays for itself in under 10 years.

You wanna pay three time more per kwh? You think thats viable?

Talk about put words in my mouth[blink]

I didn’t say we shouldn’t use alternative energies. But they are not a replacement for oil. Oil has an EROEI (energy returned on energy invested) of 50:1. I love to see your figures on solar, I believe it is 1:2. What I’m getting at is there will be a hell of a lot less energy to go around, and at a…[Read more]

Come on guys, we have to think outside the square here!!!!!!!!!!!

How much energy does it take to build a solar energy system[blink], or any system or alternative fuel, what does it cost, and how much energy will it return over its lifetime.
I think you’ll find that at this point Solar is only viable for hot water heating.

Its all very well to…[Read more]

This is a graph showing the last crashes in NZ from the RBNZ (scroll down to page 2) for the NZ punters It shows nominal & real prices which illustrates the affects of inflation on value.

Just need an Aussie one now!!

http://www.bis.org/review/r030918e.pdf

This is a graph showing the last crashes in NZ from the RBNZ (scroll down to page 2) for the NZ punters It shows nominal & real prices which illustrates the affects of inflation on value.

Just need an Aussie one now!!

http://www.bis.org/review/r030918e.pdf

Hi Ausprop,
Housing bubbles have severe economic effects.
The magnitude of the price fall is related to the run-up during the boom. This one has been huge, around 100% in 6 years. The average housing bust takes over four years to recover from and by the end of that four years a countries GDP is down by an average of 8%. That doesn’t look good for…[Read more]

I think it makes very plain sense.
And I didn’t say anything about 12 months.
Housing inflation has been way out of balance with what has been happenning elsewhere in the economy, a correction goes without saying.
How long it will take is a completely different matter.

If its all so rosy, why is the Fed rate still at 1%. Thats not exactly normal for a country showing strong economic growth.
Theres a lot more going on than appears on the surface.

Just my mumblings

The cover of the latest National Geographic
“The End of Cheap Oil”

http://magma.nationalgeographic.com/ngm/0406/feature5/

“It’s inevitable. But just how soon will the vital fuel become so scarce and expensive that we’re forced to make hard choices about how we live? ”

I’d say in about 18 months, the real crunch will start to be felt!!!

Originally posted by AusProp:

my problem is that people have been saing this for a few years now. the choice is either to go for it or sit back and do nothing. A few years ago I sold property to wait for the supposed plum opportunities that were about to present themselves – talk about regret! Timing the market is a mugs game.

I think you can…[Read more]

Can’t say I aspire to designer clothes, or flashy cars. I drive a 1996 camry S/W[biggrin] even though I could buy a new car. Goes good so why worry. Cars are liabilities in my eyes.

I’m keeping a very close eye on the US.
Thats where the financial storm is brewing.
“Get out of debt” before the storm hits, is a very good mantra.

Well said ResidentialWealth.
My head has been spinning at the amount of debt friends have clocked up over the last few years.

They say things like, “House prices never go down” – Huh – I can remember the last big one, and it wasn’t pretty for a lot of people, especially the high flyers.
I can remember putting money on deposit and earning 25%pa.…[Read more]

Meant to say too, this won’t address the larger types of transport, airlines, intl shipping etc etc. Can’t see them running on hydrogen or electricity.

Back to the sailing ship maybe[biggrin]