Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (25055)	1/21/2005 3:39:39 PM
From: Taikun	Read Replies (1) \| Respond to of 313529

<I simply do not see how the trade deficit can ever be closed if we continue to grow imports and weaken the dollar - it is a destructive cycle.> Simple solution, Bob. "All real net wealth creation comes from investment that improves productivity". The oil sands are the largest CAPEX project in N. America (my wife won't let us move to Calgary) and should produce outsized gains. $60bn in direct and another $10bn+ in indirect (ports n pipes) over the next 8 years. Is there a rival to that? If the agenda is just oil (maybe some people just 'want to have it out with the Islamists) then the US investing more in the oil sands (2trl bbl of oil, divide by current US consumption of 20m bbl/day, I get and RLI of 273 years) and more shale oil, coal and alternatives would, IMO, be wealth creation. Just the oil sands and 273 years should be enough. We are spending a fortune in Iraq, but not only that, we spend money on guarding pipelines, refineries, oil workers, tankers, ports, in unsafe parts of the world. Investing at home would free up lots of cash. BTW, I added to my oil sands bet today with some CLL.TO