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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (20093)	6/26/2010 11:22:32 AM
From: TheSlowLane	1 Recommendation Read Replies (1) \| Respond to of 48092

Both were excellent, thanks. Two more votes for The Hathaway Scenario...

To: Wade who wrote (20093)	6/26/2010 11:32:54 AM
From: John McCarthy	Respond to of 48092

Wade Feel free to delete if this is too over the top .... (this is about USA GDP - but it takes me awhile to get there - it is also "way out there" but the mind goes where the mind goes ) What follows sounds way off topic - and it may be - and my FACTS are shakey at this point .... Nonetheless - Synopsis: (a) Gulf Spill = methane (forget the oil for a moment) (b) Bacteria thingies EAT methane and other stuff (c) Bacteria consume HUGE amounts of oxygen to eat the methane (d) No oxygen = DEAD oxygen consumming life forms The above is accurate - the pissing contest is how much oxygen will be consummed by the bacteria eating methane thingies thereby killing oxygen consumming life forms .... (The methane bugs derive from the Mississippi ... every day + those reproduced within the Gulf based on "food" supply) And so: How much (if any) of the Gulf becomes a dead zone - and if it happens ( the sadness of it aside for a moment ) what is the GDP hit ..... to USA economy .....? For example - Housing - Whats the price of a condo(s) in Sarasota/Naples/St Petersburg (and around) facing a dead zone (repeat 100,000+ times * $$$???) ... and ditto for every other kind of structure with a ROOF ..... maps.google.com Moreover: If it were to happen (i.e. GDP hit ....) What shift(s) in currency rankings follows: -- USA $ -- Euro -- Gold -- China - India - Brazil Additionally - It would be perfect timing for Russia to (again) PRESS its demands for a new reserve currency. Would they get more EARS? The perfect storm would be for Russia to demand payment for its natural resource products in gold. In the press a guy named John Kessler seems to be the goto guy ... but I cannot believe we would not put many scientists all over this - just to sort out the facts ... ==================================== Methane in Gulf "astonishingly high": U.S. scientist Mon, Jun 14 2010CHICAGO (Reuters) - As much as 1 million times the normal level of methane gas has been found in some regions near the Gulf of Mexico oil spill, enough to potentially deplete oxygen and create a dead zone, U.S. scientists said on Tuesday. Texas A&M University oceanography professor John Kessler, just back from a 10-day research expedition near the BP Plc oil spill in the gulf, says methane gas levels in some areas are "astonishingly high." Kessler's crew took measurements of both surface and deep water within a 5-mile (8 kilometer) radius of BP's broken wellhead. "There is an incredible amount of methane in there," Kessler told reporters in a telephone briefing. In some areas, the crew of 12 scientists found concentrations that were 100,000 times higher than normal. "We saw them approach a million times above background concentrations" in some areas, Kessler said. The scientists were looking for signs that the methane gas had depleted levels of oxygen dissolved in the water needed to sustain marine life. "At some locations, we saw depletions of up to 30 percent of oxygen based on its natural concentration in the waters. At other places, we saw no depletion of oxygen in the waters. We need to determine why that is," he told the briefing. Methane occurs naturally in sea water, but high concentrations can encourage the growth of microbes that gobble up oxygen needed by marine life. Kessler said oxygen depletions have not reached a critical level yet, but the oil is still spilling into the Gulf, now at a rate of as much as 60,000 barrels a day, according to U.S. government estimates. "What is it going to look like two months down the road, six months down the road, two years down the road?" he asked. Methane, a natural gas, dissolves in seawater and some scientists think measuring methane could give a more accurate picture of the extent of the oil spill. Kessler said his team has taken those measurements, and is hoping to have an estimate soon. "Give us about a week and we should have some preliminary numbers on that," he said. reuters.com Will Methane Gas in Gulf Waters Create a Massive Dead Zone? blogs.discovermagazine.com Gulf Oil Spill: Gulf Methane Levels One Million Times Greater Than Normal huffingtonpost.com regards John