Monday February 07, 2005 
Monday February 07, 2005
New energy website : 321energy.com
Robert Moriarty of 321gold.com fame has launched a new website : 321energy.com.
From a first glance on the main page, it is a few things at once. There is a "news blog"-type archive listing divided into a few categories : oil, natural gas, coal, nuclear, gasoline, and solar & wind. There's a bunch of editorial articles written (mostly) by leading contrarian financial commentators and writers. On the right pane there are market quotes on various oil and gas prices, and they have of course reserved some space here and there for ads from sponsoring companies.
All in all, not a bad start. Based on Bob's track record, I would expect some good commentary in the editorials section about the energy industry and markets from a (contrarian) financial point of view. As for the folks who have been discussing "how to make money from peak oil" (you know who you are), well we shall see about that one, won't we? :)
(2005-02-07 14:36:24 SGT)
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Well - I'm certainly guilty of that - but I've also noted that in general most people will be much worse off a result of increasing energy scarcity.
And I should point out that anyone who'd bought a bunch of uranium mining stocks (for example) 3 months ago, would be sitting on a pretty decent profit by now.
Every change (particularly changes of large magnitude) is an opportunity of sorts - and there's not much point going on like Jay Hanson (if you do subscribe to the apocalypse line of thought, then you may as well borrow a lot of money, buy a boat and sail to Tahiti as well...).
Of course, simply making money from the changes isn't particularly meaningful from a longer term point of view - but it could help to make the transition to the new world a bit smoother.
Posted by Big Gav on February 10, 2005 at 06:32 PM SGT #