All Topics / Help Needed! / Best advice PART 2 : if you REALLY want to invest, then DO NOT BUY in the suburbs

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  • Profile photo of ItalianDragonItalianDragon
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    Do you want to know why?

    Imagine the next few years when petrol will cost $2 a litre, then $3 , then $5  and eventually $10 a litre.

    Do you think it`s not going to happen?

    Then spare 1 hour of your time in watching this free documentary that was created in 2004 and already warned people of WHAT was going to happen and IT`S HAPPENING RIGHT NOW :  PEAK OIL.

    Here`s the documentary:

    http://www.youtube.com/watch?v=Q3uvzcY2Xug

    Australia exactly like the USA has done the same mistakes: building endless suburbs. This is going to end.

    Profile photo of bardonbardon
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    The future in Australian suburbs  will be a bleak, dystopian and impoverished society that is facing a breakdown of civil order, caused by widespread oil shortages first there will be revenge, then murder squads then nuclear apocaplypse followed by a robust recovery in the property market.

    Profile photo of yarposyarpos
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    there appears to be nothing else in the whole of human existence but oil,  and we are incapable of thinking about , designing and building alternatives while oil escalates.  We are such a miserable species, really we deserve extinction , especially us suburban ones.   Anyone got any ideas what we could do with the suburbs , once the millions have packed into the CBD?  recycled farmlands, massive sewerage farms, golf courses?   finally somewhere to put all that noisy stuff like car race tracks and rifle ranges.

    Profile photo of ItalianDragonItalianDragon
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    yarpos wrote:
    there appears to be nothing else in the whole of human existence but oil,  and we are incapable of thinking about , designing and building alternatives while oil escalates.  We are such a miserable species, really we deserve extinction , especially us suburban ones.   Anyone got any ideas what we could do with the suburbs , once the millions have packed into the CBD?  recycled farmlands, massive sewerage farms, golf courses?   finally somewhere to put all that noisy stuff like car race tracks and rifle ranges.

    Well, in my opinion, the best solution is what the Governement is doing in France and Spain with the last housing developments. They DO NOT give the land to the private speculator and building companies but its the Government itself that first create the infrastructures such roads, water supply, wastewater, stormwater, power supply, flood management, recreational, and other assets and THEN build homes to be sold at affordable price, nothing like here that it`s at least 6 times the average income.

    Australia is the biggest paradox in the World because it has so much space and so planning a sustainable society that can leave the cars in the garage is possible but they just did not do it so far.

    And the later they leave, the more Australians will struggle with the future, day after day while the last oil is used.

    They should start NOW (which is already a bit late) to create from SCRATCH new cities, smaller than our mega cities, something like many cities of 100,000 or 200,000 people with jobs, medical facilities and everything that a society needs. And obviously the first things will be a good oil-free transport service that works possibly based on solar energy since nuclear is too dangerous and expensive and produces too much radioactive waste. Luckily in Australia we have lots of sunny days and if they start moving, we`ll make it without using horses, otherwise we`ll have to do what our grandfathers and grandmothers were doing. An energy crisis is ahead of us and I think we are getting hit badly soon. Also, don`t forget that world population is now about 6.5 BILLIONS and we shou;ld be about 9 BILLIONS already by 2050. If we don`t have enough oil now, what is going to happen then?

    Profile photo of mickjohnmickjohn
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    I have read from several resources in regards to this topic of Peak oil, and while i dont debate that there will be ramifications I wonder if they will be quite this extreme. That is just a personal observation.

    I do have an agenda though for this post, given that you guys are obviously quite concerened about the current and future state of events………

    Knowledge is obviously key and If you genuinely believe this, you would be making plans. Whether they are investment plans or living options in the future, I would like to hear about them.

    Im not a sceptic, I am interested in knowing more. Trust me, you have all made your point and it has some of us investigating further, however on an Individual level, what do you plan to do?
    I understand we can blame governments for inaction and society for its dependence on fossil fuels but instead of playing the blame game….. maybe you have more to offer other than 'do not buy in the suburbs'

    For your consideration…..

    Profile photo of bardonbardon
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    ItalianDragon. Also, don`t forget that world population is now about 6.5 BILLIONS and we shou;ld be about 9 BILLIONS already by 2050. If we don`t have enough oil now, what is going to happen then?/quote wrote:

    Peak Man

    Profile photo of ItalianDragonItalianDragon
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    patriotsoldier wrote:
    I have read from several resources in regards to this topic of Peak oil, and while i dont debate that there will be ramifications I wonder if they will be quite this extreme. That is just a personal observation.

    I do have an agenda though for this post, given that you guys are obviously quite concerened about the current and future state of events………

    Knowledge is obviously key and If you genuinely believe this, you would be making plans. Whether they are investment plans or living options in the future, I would like to hear about them.

    Im not a sceptic, I am interested in knowing more. Trust me, you have all made your point and it has some of us investigating further, however on an Individual level, what do you plan to do?
    I understand we can blame governments for inaction and society for its dependence on fossil fuels but instead of playing the blame game….. maybe you have more to offer other than 'do not buy in the suburbs'

    For your consideration…..

    Hi, well I`m not in the position to invest since it will be already hard enough (with these interest rates and current inflated prizes) to purchase 1 home where to live with my wife.

    We were looking to buy as far as Aldinga which is about 45 KM from Adelaide CBD.

    After investigating all the issues including PEAK OIL, well I decided to hold a minute and think much better before to do a BIG mistake. From the time I was looking at a house till now (6 weeks) the price has dropped from $370,000 to $329,000 and still DOES NOT SELL.

    If a 230 sqm 4 beds 2 baths less than 12 months old home that looks like brand new, 1 KM from one of the best beaches in SA, does not sell after $40,000 reduction, then something tells me I`m doing the right thing to wait.

    The higher petrol prices go up, the lower hose prices are going in the suburbs especiallly where, like there, public transport is a pain.

    So, to answer your question: I`m simply waiting to see my options.

    Profile photo of bardonbardon
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    patriotsoldier wrote:
    I have read from several resources in regards to this topic of Peak oil, and while i dont debate that there will be ramifications I wonder if they will be quite this extreme. That is just a personal observation.

    I do have an agenda though for this post, given that you guys are obviously quite concerened about the current and future state of events………

    Knowledge is obviously key and If you genuinely believe this, you would be making plans. Whether they are investment plans or living options in the future, I would like to hear about them.

    Im not a sceptic, I am interested in knowing more. Trust me, you have all made your point and it has some of us investigating further, however on an Individual level, what do you plan to do?
    I understand we can blame governments for inaction and society for its dependence on fossil fuels but instead of playing the blame game….. maybe you have more to offer other than 'do not buy in the suburbs'

    For your consideration…..

    How about investing in:

    uranium
    specialised oil and gas exploration equipment suppliers
    oil and gas service comapnies
    under capitalised uranium miners
    under capitalised precious metal miners
    small coal seam methane gas suppliers

    Profile photo of ItalianDragonItalianDragon
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    bardon wrote:

    How about investing in:

    uranium
    specialised oil and gas exploration equipment suppliers
    oil and gas service comapnies
    under capitalised uranium miners
    under capitalised precious metal miners
    small coal seam methane gas suppliers

    Uranium is highly RADIOACTIVE and if they do not stop messing with it in SA and NT, Australia is going to pay a high price in human lifes later.Hopefully people will realise this soon or when people will start to die from cancer due to the amount of radioactive dust spread across Australia during the transpor tof it.

    For more info you can check this site:

    http://www.bsharp.net.au/index.html

    There is a free short video that explains the issue. Then if you want to know more, you`ll need to get the documentary on DVD. It`s made by Australians.

    I`m currently looking to invest in OIL FUTURES but only LONG TERM ones since in the short term there may be excessive ups and downs. 

    Profile photo of ItalianDragonItalianDragon
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    An example were the nuclear tests of the 1960s in Maralinga (SA) by the British, where the radioactive clouds reached Sydney.

    Profile photo of bardonbardon
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    Okay then best investments now are:

    baby boomer undertakers
    bakruptcy lawyers
    anti-depressant manufacturers
    tins of beans, water purification tablets, arms,

    Profile photo of L.A AussieL.A Aussie
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    Don't forget the bike manufacturers.

    Profile photo of yarposyarpos
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    "Australia is going to pay a high price in human lifes later.Hopefully people will realise this soon or when people will start to die from cancer due to the amount of radioactive dust spread across Australia during the transpor tof it."

    This has already been going on for decades in Australia and elsewhere.   Is there any evidence of this happening anywhere with reasonable work standards?  or do you think it will evolve like asbestos?  

    Profile photo of bardonbardon
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    I watched that video and sure there are hazards but you would need to look at the other side to have a balanced assessment.

    Depleted uranium arnaments are definetly bad news and are in use.  Al Gore the guy that won a Nobel Peace Price for his contribution to the Global Warming Tax Con, signed off on the use of depleted uranium weapons in Serbia and he wins a Nobel peace Price really.

    Global cooling is coming brrr chilly night tonight.

    Profile photo of yarposyarpos
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    bardon wrote:

    Okay then best investments now are:

    baby boomer undertakers
    bakruptcy lawyers
    anti-depressant manufacturers
    tins of beans, water purification tablets, arms,

    it seems those looney US survivalists will finally come into their own

    the chat on their forums must be something to behold right now

    Profile photo of bardonbardon
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    Profile photo of ItalianDragonItalianDragon
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    yarpos wrote:
    "Australia is going to pay a high price in human lifes later.Hopefully people will realise this soon or when people will start to die from cancer due to the amount of radioactive dust spread across Australia during the transpor tof it."

    This has already been going on for decades in Australia and elsewhere.   Is there any evidence of this happening anywhere with reasonable work standards?  or do you think it will evolve like asbestos?  

    Try googling it and you should find lots on info. Start from wikipedia on uranium AND depleted uranium.

    As far as I remember in Portorico and in Japan the U.S. were kicked out in the recent years after new born babies were having too many leukemia and malformactions.

    Another good documentary on the subject is:  "Beyond Treason"  @ http://www.beyondtreason.com/

    This is another reason why I`d like to move OUT from SA.

    Profile photo of yarposyarpos
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    yes I have already read a fair bit but most seems to be more about what could happen versus what has happened.  I will look more at Puerto Rico,  that is an odd place for this to be an issue.   Relevance of documentaries is a whole other topic……Michael Moore….total genius or ego centric wanker?

    Profile photo of yarposyarpos
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    well done with the pic Bardon…..a moment of genius :-)

    I did my inventory last night…….I have a shack in the high country, fireams, ammo, water, machete, swiss army pocket knife…..but no beans…..buy Heinz shares, I'm stockin up!!

    Profile photo of maree_bradrossmaree_bradross
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    don't forget to add to our list: batteries for our torches

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