"F. George McDuffee" wrote in message
...
On Fri, 21 Oct 2011 14:03:07 -0700, "PrecisionmachinisT"
wrote:
"F. George McDuffee" wrote in message
. ..
On Fri, 21 Oct 2011 09:09:42 -0400, Randy333
wrote:
What is up with these prices falling while copper is through the roof?
http://www.impomag.com/scripts/ShowP...&CommonCount=0
http://tinyurl.com/3oyl5st
Remove 333 to reply.
Randy
====================
IMNSHO and FWIW
This type of price volatility is exactly what you expect to
see when massive market manipulation is occurring, i.e.
illogical and in violation of basic free market axioms such
as supply and demand. For example, how can prices and
supplies increase at the same time, e.g. petroleum.
Market manipulation on this scale implies sovereign/state
involvement, as individual capital, even that of George
Soros, is grossly inadequate.
Apparently the gloves are coming off in the ongoing and
rapidly escalating economic/trade wars. As is the usual
practice, the average citizens will pay the price for these
elitist/oligarchic fun & games.
From what I gather, while we were busy dicking around and arguing about
spending a measly 60 billion in stimulus money, ( of which much ended up
going to the banksters ) the Chinese immediately injected something like
600
billion in fiat currency into their own economy in infrastructure and
manufacturing loans and grants and in doing so they basically cornered the
market on metals including rare earth as well as silicon production as
used
in first generation solar cells which is basically why solar cells using
new
technology such as what solyndra had been offering became
non-cost-effective.
===============
You appear to be 100% correct.
The PRC invested and is investing in three critical
technologies: (1) Molten salt moderated thorium fusion
reactors; (2) Large scale coal and organic waste
liquefaction aka synthetic petroleum; and (3) a drive to
recover the huge quantities of rare earths in their fly ash
piles that have collected by their coal fired power plants.
As a byproduct of the rare earth recovery, large quantities
of both uranium and thorium are also recovered.
Indeed, it has been calculated that the value of the energy
represented by the recovered thorium exceeds the original
cost of the coal by several times.
It should be obvious with abundant supplies of cheap power,
many of their problems can be solved through technical means
such as desalinization of sea water and intensive
hydroponic/aeroponic agriculture.
A major shift to molten salt thorium reactors for electrical
and stationary power/process heat will make a large amount
of domestic coal, currently used for electricity generation
available for liquefaction and liquid fuels such as
gasoline, diesel and jp4, as well as solving the organic
waste disposal problem.
FWIW their coal liquefaction project is not leading edge but
rather a large turnkey pilot/demonstration plant built with
SASOL technology under license.
http://www.sasol.com/sasol_internet/...vid=1&rootid=1
http://en.wikipedia.org/wiki/Coal
They are also taking care of their banksters and broksters,
but they are able to do this for the cost of 6 or 8 rounds
of issue ammunition for the firing squad, which they bill to
the deceased's estate. Their TARP program has a lightly
different emphasis than does ours...
I was seriously wrong about the amounts though...
--ours was ~549 billion while China's was ~586 billion....roughly
equivalent, IOW
FWIW, here's where the US TARP funds went:
http://www.nytimes.com/packages/html...ecipients.html
And if you're curious about the Chinese program, Wiki is as good a place to
start as any :
http://en.wikipedia.org/wiki/Chinese...imulus_program
While I'm at it, here's a couple of links to US historical employment
statistic by demographic
http://www.bls.gov/cps/cpsatabs.htm
and employment sector
http://www.bls.gov/ces/cesbtabs.htm
--a nice feature is you can produce graphs comparing various groups /
sectors against one another over selected time periods.......