Wednesday, March 28, 2007

Gold and the new age of "Green" energy


Gold is back up this morning to over $666.00. I will have a link in the Hooked on Gold newsletter this week sent to me by a reader to a video with a diferent viewpoint on global warming. I will link it here as well when I get it. The youtube version's sound is more in sink than the videogoogle. Very interesting point of view put out by the BBC, and an hour and 13 minutes long. What these scientists have to say is enlightening and profound in the end. Yesterday, here in Colorado, our Democratic controled legislature passed a bill requiring untilities to increase their "green" production to 20%. I don't know about you, but I'm really sick of utility bills going up and the power companies getting the blame. Green power isn't cheap! It is expensive to build and is unreliable as an energy source, however, those of Al Gore's ilk have decided for us that we WILL pay higher utility bills while they do whatever they can to gt their hands on more of your money to do it. Now, you ask me what this has to do with gold. Mines use electricity to operate, and this legislature has effectively made it harder for any mining (this means oil, too) to be profitable. There are now, also, too many people who used to be with Green Peace that no longer agree with their "vision". What would this world be like without mans use of fossil fuels and metals? Where would the computer age be without gold?
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