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Updated: 6 hours 54 min ago

Comment on Of Maps and Men by Akbar Palace

Mon, 2014-11-17 23:00

Snarky Alert

I will only leave the link below and dare, double-dare, triple-dare you to read it and thoroughly understand it before making your next snarky comment about Global Warming.

Samer,

If the WSJ and thousands of other, more knowledgeable scientists can’t agree, why should I believe Obama and the know-it-all liberals who assume Global Warming is a given and something we have control over? I believe this Global Warming thing is a man-made religion.

http://online.wsj.com/articles/SB10001424052702303480304579578462813553136

But I will try to get to to your link nevertheless, since you took the time to contact me.

Needless to say, I am only a humble and hapless amateur in this complex area, but I at least believe what the credible, diligent climate scientists claim.

Samer,

I think you are one of the most knowledgeable posters here, yet, don’t fall for false messiahs.

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Comment on Of Maps and Men by Samer Nasser

Mon, 2014-11-17 20:53

Akbar Palace,

Yeah, the radio on my morning commute said it was 6 degrees F here today. But I know that the US only occupies 2% of the world’s surface area, 6.6% of its land area, and so US weather is hardly representative of the world as a whole. I am also all but certain that when the year closes out, despite all the cold that the US experienced at its start and towards its end, scientists will announce that 2014 was the warmest year on Earth in recorded history. They will also say that this is particularly alarming because 2014 was a weak La Nina/El Nino year. The record-breaking, hottest years are supposed to be strong El Nino years, but El Nino has been acting very strangely lately, and nobody really understands why.

Yeah, there’s all this talk in the US about the polar jetstream weakening and meandering, therefore letting weather events push it around, and being unable to prevent polar air from spilling south. This is partly due to “arctic amplification”, named so because the Arctic is the fastest warming region on Earth. A rapidly warming Arctic weakens the thermal and atmospheric (the atmosphere is thicker around the equator than around the poles) gradients that drive the polar jetstream that has such a dramatic effect on US weather.

But alas, I will stop here for fear of boring you to tears. I will only leave the link below and dare, double-dare, triple-dare you to read it and thoroughly understand it before making your next snarky comment about Global Warming. I’ve had this link bookmarked on my computer for over a year and am yet to find the time to slog more than a fraction of the way through it. Needless to say, I am only a humble and hapless amateur in this complex area, but I at least believe what the credible, diligent climate scientists claim:

http://www.skepticalscience.com/jetstream-guide.html

Categories: Comments

Comment on Of Maps and Men by Ray

Mon, 2014-11-17 20:35

Samer,

You wouldn’t happen to be North Kortea’s Kim Jong-un wanting people here to enlighten you on what actually is going on in the real world?

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Comment on Of Maps and Men by Mustap

Mon, 2014-11-17 20:34

That’s a good one.

Colonel Mustard = Hassan Hizballa
General Yellow = Michel Aoun

Even the colors match.

Keep coming and give us some more clues about future trends. We badly need insightful Yellowish Sunny Rays in these troubled oily times.

What’s the General’s outlook for the market before the cartel’s meeting coming up soon end of November?

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Comment on Of Maps and Men by Ray

Mon, 2014-11-17 20:07

Agent Orange reporting to Colonel Mustard.

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Comment on Of Maps and Men by Samer Nasser

Mon, 2014-11-17 19:56

Ray,

I was talking about raw trading of the oil itself, but I agree with you that there are many oil proxies in the equity markets, such as refiners, oil service firms, drillers, the big oil companies, etc. Let’s not even get into things like mutual funds, exchange-traded funds, hedge funds, etc.

But you can only short a small percentage of a market before it moves, and then you have to exit profitably at risk of getting caught up in a short-covering rally. Timing is critical, you can never trust that other investors will act as you desire, and the larger the target is that you’re trying to short, the harder it becomes. Successfully shorting things like currencies these days, George Soros-style against the British Pound from back whenever, is almost impossible to pull off. To do it surreptitiously without raising alarm bells somewhere is even harder still.

But alas, I have never actually done this myself, so I am admittedly not very well versed on the daunting mathematics of it (I’ve never understood the pricing of options, for example). I’m a very busy person and have to choose very carefully what to spend time on. I come here mostly to learn, so instead of throwing shade with vacuous cliches (“text book reply”, really? As opposed to what, your “street smarts”? :)), I invite you to teach me something about this if you are so learned in it. If it’s too long for a comment, at least provide a link so I know where you are getting your information and inspiration from.

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Comment on Of Maps and Men by Mustap

Mon, 2014-11-17 19:27

Today, Halliburton Oil bought Baker Hughes for $34B.

Halliburton which started about a century ago with a wheelbarrow and few shovels as an oil well encasing contractor, now, with the addition of Baker Hughes, employs 130,000 workers worldwide.

I’m surprised that Halliburton is not so up-to-date on the forecasts for oil becoming worthless very soon.

I mean, HAL guys, c’mon are you soooooooooooo ignorant about future trends? You don’t read QN? What are you going to do with 130,000 poor workers couple years from now?

We, here, have a genius Orange who figured it all out from his General Yellow.

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