News 7/6/2010

I hope you had crazy fun on the 4th! We sure did! It's Hawaii... Food, Fun, and Fireworks... Yee Doggy!!! Next one comes New Years Eve... can't wait! Were out to the North Shore today so before we hit the road here's the Grindman daily...  1. The Markets Here's a great read if you got the time. It's by Robert Prechter, a market forecaster who says: 'Winter is coming. Buy a coat,' he said. "Other people are advising people to stay naked. If I'm wrong, you're not hurt. If they're wrong, you're dead. It's pretty benign advice to opt for safety for a while." I agree Robert... safety first. ...and Dow repeats Great Depression patterns: charts. Oh, BTW... the markets are rallying this morning. Gold and Silver are still taking cracks (which means now's the time for a deal... but THIS IS NOT TRADING ADVICE) and oil is up which leads me to...  2. BP Costs for the Gulf of Mexico oil spill climbed to just over $3 billion, BUT imagine what it costs us humans, our future, and our childrens futures. Far more, my friends, far more. ...and here is some not good news about how BP refinery in Texas City, Texas spewed tens of thousands of pounds of toxins into the skies a couple of weeks before the GOM accident. It doesn't seem like this really important news is getting any love whatsoever from the mainstream. ...and as of this writing, every state in the Gulf Of Mexico has been hit, as Texas tar balls are found. Oh... and Miami is about 6 weeks out to being impacted by oil. So... now (and we've been talking about this for a while), should BP nuke the well?  3. Poland So their president dies in a plane crash... and their newly elected is related to all the EU monarchs. Incredible... How can Grindman get in the fam too. Times is hod baby, times is hod. Especially, when democracy doesn't really exist.  4. Is War Imminent? Sorry to bum your trip guys, but Iran has moved radars to Syria that can provide early warning of an Israeli attack which means that if your Israel, your probably under even more pressure to attack because having those radars coordinated against you wouldn't be too good. ...and Iranian planes are getting fuel, which no one wants to deal with since no one wants to be accountable for fueling their almost nuke capable (or already nuke capable) war machines. ...and Prez Obama and Israeli Prime Min Netanyahu to hold fence-mending talks, tying the allies back together. Oh... and Iran threatens oil routes as the prez signs tough new energy sanctions. ...and Oh, Fidel keeps reflecting on the grim outlook of things to come... an impossible happiness. Is war imminent? You decide. Just remember, if they pop it off, oil prices, as well as a lot of other things will skyrocket, BUT also keep in mind, that if the oil in the Gulf of Mexico is accepted as abiotic, then that would mean that our energy crisis may not really be a crisis, since there's tons of oil gushing right now. I guess that's why Saudi's are halting oil exploration to save wealth. Because we thrive on the bad... usually (being beary bear-like in my nature has no bad's since bad is good), I suspect our portfolio rising soon... Oh and all this talk is NOT INVESTMENT ADVICE, WHATSOEVER!!!  5. Shorting Food Yes... food shortages are looming. If I was you, I'd be definitely perfecting my green thumb. When the doo doo hits the spinning thingy on the ceiling, all you'll want is water/food, energy, and some portable homely conveniences, which is why I suggest you start gardening now!!!   6. Wish I Could Be On a Cruise Ship Around Easter Island This Sunday... Shucks! I'm going to miss the Total Solar Eclipse. Ah, I'll probably shpock it on the tube but it would definitely be a sight to see in person, wouldn't it? Click to enlarge. Sunday, I'm prolly going to be in front of a computer with high-speed access which could be easily accessed on a cruise ship, but I guess that defeats the whole purpose of cruising. Well, at least to me... Business IS Pleasure. I cruise all day anyway. Stay Strong and Aloha Always, Grindman