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Perspectives:
The Perfect Financial Storm?
Financial Storms Heading Towards the U.S. Economy 
August 16,2001 ©
Copyright 2001 James
J. Puplava
VI.
Acknowledgements
I
would like to acknowledge and give thanks to many who have helped to shape and
contribute to my understanding of The Perfect Financial Storm. First, I would
like to thank the good Lord for giving me the wisdom to challenge assumptions
and ask questions. A special thanks to Sebastian Junger for writing the book
and Wolfgang Petersen for making the movie which provided me with the
inspiration for my work.
Thanks
are also in order to Bill
Murphy and GATA for
helping me understand today what I didn’t know about gold back in 1994.
Many thanks are due to Dave
Morgan for his help and insights on silver and the futures market. I would
also like to thank Doug
Noland for his Credit Bubble Bulletin. I have learned much by reading his
articles and I’ve especially enjoyed our interviews on Financial Sense
Newshour. He is blazing new trails in explaining credit and its
impact on our economy.
A
grateful thank you
is due to all of those web sites and chat rooms where the
truth is told and shared for promoting this series: Le
Metropole Cafe, Prudent
Bear, Fallstreet,
Gold Eagle, Bear
Forum, Silver-Investor,
Fiendbear, Sharelynx,
Kitcomm, NewsMax,
WorldNetDaily, Yahoo
Finance Boards, The
Raging Bull, and USAGold.
A special thanks to Nick
Laird for his late Saturday night help with graphs.
Last
and not least, thank you to my wife, Mary, who bears the brunt of my late-night
thinking, who edits my writing and makes it more intelligible, and for her
efforts as webmaster and the time creating the graphs, which tell so much of this story.
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Endnotes
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1
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The White
House Report
of the National Energy Policy Development Group, Overview, p.1.
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2
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The White
House Report
of the National Energy Policy Development Group, Chapter 5, p. 9.
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3
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Simmons,
Matthew, Investing in Energy: An Exercise Not for the Faint
Hearted, Simmons International, p. 18.
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4
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Alden,
Diane, "When
The Eagles Return," NewsMax.com
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5
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"Too
Much Power", Barron's, August 6, 2001.
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6
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Hebert,
J. Joseph, "Power
Crunch Idles Aluminum Plant," Yahoo News, Top Stories - AP
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7
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Buffett,
Warren, Fortune, November 1999.
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8
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"Cisco
Fiscal 4th Qtr. Earnings Insight", Bloomberg, August 7, 2001.
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9
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"U.
S. Earnings Reports May Not Shed Light On Profits," Bloomberg,
August 3, 2001.
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10
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"Recurring
Gains?," Forbes, May 14, 2001, p. 86.
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11
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"Money
From Nothing," Barron's, July 23, 2001.
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12
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Hamilton,
William Peter, The
Stock Market Barometer, p. 13, 19.
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13
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Ibid.
p. 32.
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14
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Ibid.
p. 49.
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15
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Ibid.
p. 33.
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16
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General
Zinni, Senate Armed Services Committee, April 13, 1999.
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17
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Jane's Foreign
Report, August 9, 2001, No. 2652.
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18
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Global Trends 2015:
A Dialogue About the Future With Non Government Experts, NIC
2000-02, December 2000 - National Intelligence Council.
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Reading Recommendations
|

The
Clash of Civilizations and the Remaking of World Order by Samuel P. Huntington |

The
Coming Anarchy: Shattering the Dreams of the Post Cold War by Robert D.
Kaplan |

The
Lexus and The Olive Tree by Thomas L. Friedman |

GeoDestinies
by Walter Youngquist |

Resource
Wars by Michael T. Klare |
Notes
for Readers:
CAUTION:
This article is for information purposes only. It is general in nature and does
not take into consideration any reader's personal circumstances and/or
investment objectives or needs. Therefore, it has limitations and you should be
aware of this. You should always seek competent, experienced professional advice
before acting on anything you are unsure about. Few forecasts or strategies are
ever one hundred percent correct. Most every consideration, action or strategy
involves a particular or unique type of risk. Seldom is anything really a sure
thing. No specific individual advice is implied or offered to any reader. This
article and others on this web site deal with possibilities and unfortunately,
not certainties.
Perspectives Part 10: RIDERS ON THE STORM is the
tenth and final installment of a series on "The Perfect Financial Storm?
Financial Storms Heading Towards the U.S. Economy". You might be interested
in reading the other stories in this series. Please visit the COVER
PAGE.
If you are interested in being notified when Jim begins his next series,
"Power Shift," complete the form on the FINANCIAL SENSE ALERT PAGE and
note "SHIFT" in the comments line.
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