The investment banker/financial advisor here, Byron King in this video presentation:
l. Discusses the threat from the Shiia - Sunni war in the middle East that could cause oil prices to shoot past $220.00 a barrel and well over $8.00 per gallon
2. That a vast oil reserve found offshore, l00 miles wide and 500 miles long has been found. It has 8 billion barrels of oil reserves much bigger than found in Russia or Saudi Ghawar. It is called Tupi fields
3. Cheap power could only come from nuclear. While Japan and others are rejecting nuclear, China is going nuclear and large amount of uranium is needed. Investment in uranium companies, or companies that make nuclear power plants would be a great bet. Go nuclear, go uranium
4. Much wealth in the past has been made in hard assets and commodities. Those who were into railways, lumber (Weyenhauser) Oil (Rockefeller) were rich because they supplied commodities that are scare and which people need.
Much wealth is being made still in this area; and will still be made in this area.
xxxxsome interesting facts on sunni shia muslim (this is a 1354 year old conflict wanting to blow off)
l. The Sunni are in Saudi Arabia, Egypt, Jordan; the Shiites are in Lebanon, Kuwait, Syria, Iran, Iraq,Afghanistan, :Pakistan. They occupy the oil heartland. The Sunnis consider themselves superior, the Shiia undedog.
2. The flash points:
Somalia
Yemen - the gateway to Saudi Arabia, incursions by lawless Yemenis happen regularly. It is where control of Hormuz strait can be made; l7 million barrels of oil pass through here, 40% of the world supply and 90% of ME production. If Hormuz strait were closed; the world would stand still.
Iran, the former Persia, would like to control the territories it used to have that extended from Africa to Afghanistan. With a possible nuclear bomb, vast oil resources and oil, Iran would be more be eager to pursue its own iimperialistic ambition.....
All of this would end in KSA, the seat of the Moslem world, the site of Mecca; where The Royal Kingdom of Saudi Arabia, the infidel allies of US reside.
Take note that Germany and Japan went to war because of oil....
Which means US or the rest of the world must look for other sources of energy or else.
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