Perspectives
power shift: oil, money &war

February 22, 2002   INTRODUCTION

Power Shift

The Next War has Just Begun

The era of peace and stability that we have come to know is over. We are entering an era in history, not of peaceful economic competition between nations, but a time of warfare between tribes, ethnic groups, religions, and economic systems. This war will be unlike other wars. There will be no major battlefields. Armies won’t line up to face each other and do battle. The war will be taken to the cities and suburbs as well as the skies. It will be fought with car bombs, small explosives, light armaments, and listening devices. It will be a war of men killing each other at close quarters. Battles will be replaced by skirmishes, bombings, massacres and genocide. It will be fought by regular armies against small groups known as terrorists, guerrillas, bandits and robbers. War will, for the first time in the West, become personal. Read more

March 16, 2002   PART 1  HUBBERT'S PEAK & THE ECONOMICS OF OIL

Hubberts Peak

Economic Utopia

Economists tend to think in terms of widgets. Key elements of their analysis is demand versus supply and equilibrium prices. There is always that " perfect" price where supply and demand comes into " perfect" harmony. In economic theory, we live in an ideal market economy. No outside forces like a planning board or political authority tell economic participants what to do. In this theoretically perfect world, the markets are free and competitive with no legal restrictions between buyers or sellers for goods and services. Government’s role in this perfect world is limited to defining and protecting property rights, enforcing contract law, and protecting people from fraud, while enforcing the rules of the game. Read more

March 29, 2007  PART 2  EYES WIDE SHUT: THE POLITICS OF ENERGY

Eyes Wide Shut

The New World (Oil) Order is Upon Us

Time is running out and we are drawing closer to our next energy crisis. It is a crisis brought on by the conflict between rising global demand for energy and our growing inability to supply that demand as "the Great Game" expands.

Securing adequate oil supplies was an important element in all of the major wars of the last century and dominates conflicts in this new century. The United States—and the rest of the world by extension—is facing the biggest energy crisis in history. It is a crisis for which we are completely unprepared. From politician to citizen, our eyes remain wide shut.  Read more

About the Author - Jim Puplava

James J. Puplava, CFP - President & Founder, PFS Group

James J. Puplava, CFP
Puplava Financial Services, Inc. President & CEO, Investment Advisor Representative
Puplava Securities, Inc. President & CEO, Registered Representative
Financial Sense & Financial Sense Newshour Author & Host

As host of Financial Sense, Jim Puplava has spent the last twenty years on Financial Sense communicating his practical knowledge of twenty-five years in the field of financial planning and investment management. His website, Financial Sense, has been active for 10 years and as of the close of 2006 greeted visitors from 156 countries. He is known for his insight and writing about future trends. His writing is clear, concise, and understandable to the sophisticated as well as first-time investor. His Perfect Financial Storm series was recognized internationally. More about the Author

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