Disaster Recovery : Extreme Bailout Mode
January 26, 2009
Disaster Recovery : Extreme Bailout Mode
by Salim Abraham .
Well let us see the where the world is now .All the markets as well as the general economic climate are significantly negative .Although the multiple bailout plans were done in good hope the results are not positive as the money is not reaching the masses .The only way to bring the economy back to where it was is to make sure that at least for a period of two years the price of crude oil per barrel SHOULD REMAIN BELOW USD 20 $ !
At the moment even USD 20 is quite a high price for developing as well as poor countries .By maintaining the price below USD 20 / Barrel we make sure that the productivity of a country stays within and is used for its own development and growth .
We must take a hard look at the flow of money and understand that if the price of crude oil goes above the golden price point of USD 20 / Barrel the global population in essence will be sweating for the oil producing countries , everything will go from the bad to worse and eventually the flow of money to the Oil producing countries will be cut as well .
“The world runs on the illusion of money ,who is getting it & who is loosing it”
If you take a glance at the Global economy trend for the past 2 years you will see that this rings true . Presently we are in dire need of the Global markets to go up and then stabilize to a suitable position at that time crude oil prices could go up to USD 40 .
BUT OIL SHOULD STAY BELOW USD 40 / Barrel .
What the oil producers seem not to understand is the fact that if they manipulate the price of oil by cutting production they will be killing their golden goose .
NOTE : When the oil prices are down everybody will start using their vehicles ,new cars will be bought ,productivity will increase ,food will be cheaper ,tourism will increase ,air fares will decrease ,shipping business will increase ,more jobs will be created ,more tires will be made oil will be the catalyst for all these fields .Any movement in the world is directly dependent on oil .
Why is this so hard to understand .
Oil producing countries need to increase production and understand that volume trading is the way to go ,within a very short period alternative fuels will prevail so stop messing with global productivity .
By doing this the illusion will be back up and running .This is the only way the Global economy will stabilize .
Regards .
Praise God .
Salim Abraham .
Praise God .
The Solution .
October 9, 2008
The Solution
by Salim Abraham .
The governments are scrambling to rectify the economic disaster first off we have to find where the money has gone and what happened to it , then rectify the problem – the fund that has been drained out should go back in to the countries it was drained from , not as a donation but as an extended loan or as direct investments causing an influx in to the drained countries .Fifty to Eighty percent must be brought back in to the exploited countries .
Cheap alternative energy sources will be discovered in 10-15 years , it will be mainly from solar energy and Hydrogen energy .
In that very near future Oil will be the third source of energy It will be Solar ,Hydrogen and then Crude Oil and Crude oil will assume the current position and demand of coal .
Regards .
Praise God .
Salim Abraham .
Praise God .
The Domino Effect .
October 7, 2008
The Domino Effect .
by Salim Abraham .
When we look at this world and its inhabitants we can see the rapid progress and strides our people are making .
The population is being refined and we are undergoing progress in a certain way .
Millions of people are becoming highly educated and are becoming super specialists in their fields .
Sadly the so called super specialists are ignorant towards the basic principles of their respective fields .
Example :
The Case Of Crude Oil .
Crude Oil is the third most important commodity on the face of the earth after Air & Water people need crude Oil .
All the financial experts in this world yet nobody knows how to fix the price of this essential Commodity often refferd to as Black Gold .
The Recent Financial Turmoil Suffered Globally are directly due to the rise in Price Of Oil .
IE The Rise from US $20 to US $147 .
The increase is astronomical !
The money lost by the global economy has been drained directly by the Oil producing countries .
With a very simple calculation we can find out the depth of this problem & also the reason behind the Global Economic Meltdown .
US $20 Multiply X Barrels of Global Oil Consumption .
As Opposed to
US $140 Multiply X Barrels of Global Oil Consumption .
The Difference amount is the money that has been drained directly From the Non-Oil producing countries in to the Coffers of the Oil Producing Countries .
There are many other colossal damages to the global economy directly & in-directly just from the Oil Markets this Is Just the Tip Of the Ice Berg .
This is just Like a disease for example when a human body is infected by cancer till demise of the host body the infection will drain and enjoy all of the host bodies vital resources .
The Cancer thus multiplies .
Atlast when the host dies the cancer cells die with the host it was draining .
The cancer cells will end up in the coffin with the Host Body .
Both the Hunter and the prey will become Extinct .
SO WAKE UP FOOLS !
Enjoy .
Regards .
Salim Abraham .
Praise God .
Letter To The President .
September 30, 2008
Letter To The President .
by Salim Abraham .
Dear Mr President .
It distresses me greatly to see the global economy go down the drain .I wrote to you before and I proposed the solution it was simple halt the trading of oil and other select commodities on the future markets and allow the trade by actual consumers only – such as countries .
In the current trading trend the money cycle is broken and the profits are being drained from the American tax payers ,The money is being cycled out side the US .All of the money is being drained in to the oil producing countries .
The only way to stabilize the economy is if the 700 billion bailout is issued .
But conditions have to be applied
-STOP trading of OIL and other natural commodities .
-Impose heavy restrictions on insider trading and short selling .
-Consider the trading of Oil and other select commodities through which the profits might be drained on to the second party countries Illegal .
Congress should realize the fact that the economic cycle was twisted and that till now because of the greedy trades of the brokers the money was going outside the US and in to the hands of the OPEC countries .
Congress must be made to realize that the 700 billion will not leave the country directly or in directly that due to the above mentioned restrictions the money will not flow out of The US of A but will stay within the country .
The optimal price of oil should be maintained and regulated by a non biased regulator and the price should be kept within cost + a profit of 10 dollars .
Please check out my blog for more information .
risingoilprices.wordpress.com
salimabraham.wordpress.com
Regards .
Salim Abraham .
Praise God .
Mail Sent 14:24 :: 30/09/2008
Praise God .
Economic Strategy .
September 29, 2008
Economic Strategy .
by Salim Abraham .
The Federal reserve claims that the tax payers are not going to be affected by the seven hundred billion dollar bailout plan .
On the contrary what is going to affect the taxpayer and the economy is the barbaric increase in the price of essential commodities such as gasoline .The taxpayers are biting the bullet for the disgusting speculative and unjust trading practice of the brokers their games have brought the global economy to this scary point and is probably going to change the world and I do not think it is for the better .
The only present solution is that the government agrees to re-finance the sinking financial institutions on strict policies & conditions .
-Regulate the trading policies heavily .
-Speculation policies must be heavily protected .
-Monitor insider trading and short selling .
-Stop trading of Natural commodities on the market Especially Oil & Gas .
The controls & policies must be regulated and monitored daily .
If the advice we provided was heeded we would not be heading for an apparent Global Economic Melt down .
Shames me to see the greed of Humanity .
Regards .
Praise God .
Salim Abraham .
Praise God .
Salim Abraham Thoughts New .
July 30, 2008
Salim Abraham – Thoughts
Check out my New Blog Salim Abraham Thoughts And do Keep in contact always lovely to get your feed back .
The Address – www.salimabraham.wordpress.com
Regards .
Praise God .
Salim Abraham .
Oil Is In abundant Supply .
“When you finish what you have been served ,God shall give you more.”
Recently an American journal published a fascinating find – extensive oil traps in the Arctic circle . More than enough – more than we will ever need. While we were being misguided by the unscrupulous who led us to believe we were running short of it !
Many years back, coal was the main fuel for every household, every industry – from cooking to steam engines. Now oil, in it many forms, has almost entirely replaced coal.
Now oil reigns supreme. Hence the squabble over its price.
But soon enough we will find alternative energy resource to satisfy our fuel needs and oil will assume the current status of coal.
So all we need to know is that everything that we will ever need, in whatever quantities we require and so much more has been bestowed upon us by God.
Coal, oil, water, air – we don’t decide how much exists, he does and as long as it is so, we will never run short of anything
But make sure no one speculates on these resources to satisfy their greed.If we start pumping as much oil as we need,it shall become cheap.The maximum price it could reach would be its production cost plus about ten American dollars.
At this point,whoever pumps more oil will be lucky because soon oil will be replaced and the remaining oil reserves will remain unused.
Praise God .
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Reputed NEWS Source .
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The first-comprehensive assessment of oil and gas resources north of the Arctic Circle, carried out by American geologists, reveals that underneath the ice, the region may contain as much as a fifth of the world’s undiscovered yet recoverable oil and natural gas reserves.
This includes 90 billion barrels of oil, enough to supply the world for three years at current consumption rates, or to supply America for 12, and 1,670 trillion cubic feet (tcf) of gas, which is equal to about a third of the world’s known gas reserves.
The significance of the report is that it puts firm figures for the first time on the hydrocarbon riches which the five countries surrounding the Arctic – the US, Russia, Canada, Norway and Denmark (through its dependency, Greenland) – have been eying up for several years.
It is the increasingly rapid melting of the Arctic sea ice, which last September hit a new record summer low, and of land-based ice on Greenland, which is opening up the possibility of the once frozen wasteland providing a natural resources and minerals bonanza, not to mention a major new transport route – last year the fabled North-West Passage from the Atlantic to the Pacific along the top of Canada was navigable for the first time.
Scientists consider that global warming is responsible for the melting, with the high latitudes of the Arctic warming twice as fast as the rest of the world.
Environmentalists see this as a massive danger, with the melting of Greenland’s land-based ice adding to sea-level rise, while the melting of the sea ice uncovers a dark ocean surface that absorbs far more of the sun’s heat than the ice did, and thus acts as a “positive feedback” reinforcing warming. The melting of Greenland’s ice sheet has accelerated so dramatically that it is triggering earthquakes for the first time, with movements of gigantic pieces of ice creating shockwaves with a magnitude of up to three.
Conservationists are also concerned about the threat to the Arctic’s unique ecosystems and wildlife.
The Arctic countries’ governments, on the other hand, see it as a massive opportunity, and are already positioning themselves to claim stakes in the seabed of the Arctic Ocean, if – as many climate scientists now believe will happen – it becomes ice-free in summer within a couple of decades.
Just a year ago, to much media fanfare, the Russians planted a flag on the seabed some 2.5 miles beneath the ice at the North Pole, and dispatched a nuclear-powered icebreaker to map a sub sea link between the Pole and Siberia, as part of an effort to circumvent a UN convention limiting resource claims beyond 200 miles offshore.
Canada said earlier this month that it plans to counter the Russian overture with “a very strong claim” to Arctic exploration rights.
This week’s oil and gas study, carried out by the US Geological Survey, does not raise the national competitive stakes appreciably as it reveals that most of the reserves are lying close to the shore, within the territorial jurisdiction of the countries concerned. Much of the oil is off Alaska; much of the natural gas off the Russian coastline. There appear to be only small reserves under the unclaimed heart of the Arctic.
However, what the report does do is to indicate a very different future for one of the world’s last remaining pristine and utterly unspoilt regions. If the oil is there, countries which own it will be very likely to seek to extract it, whatever the environmental cost.
“Before we can make decisions about our future use of oil and gas and related decisions about protecting endangered species, native communities and the health of our planet, we need to know what’s out there,” said the US Geological Surveys (USGS) director, Mark Myers, in releasing the report. “With this assessment, we’re providing the same information to everyone in the world so the global community can make those difficult decisions,” he said.
“Most of the Arctic, especially offshore, is essentially unexplored with respect to petroleum,” said Donald Gautier, the project chief for the assessment. “The extensive Arctic continental shelves may constitute the geographically largest unexplored prospective area for petroleum remaining on Earth.”
The geologists studied maps of subterranean rock formations across the 8.2 million square miles above the Arctic Circle to find areas with characteristics similar to oil and gas finds in other parts of the world. The study also took into account the age, depth and shape of rock formations in judging whether they are likely to contain oil.
More than half of the undiscovered oil resources are estimated to occur in just three geologic provinces: Arctic Alaska (30 billion barrels), the Amerasian Basin (9.7 billion barrels) and the East Greenland Rift Basins (8.9 billion barrels). More than 70 per cent of the undiscovered natural gas is likely to be in three provinces: the West Siberian Basin (651 tcf), the East Barents Basins (318 tcf) and Arctic Alaska (221 tcf), the USGS said. The study took in all areas north of latitude 66.56 degrees north, and included only reserves that could be tapped using existing techniques. Experimental or unconventional prospects such as oil shale, gas hydrates and coal-bed methane were not included in the assessment.
The 90 billion barrels of oil expected to be in the Arctic in total are more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and could meet current world oil demand of 86.4 million barrels a day for almost three years. But the Arctic’s oil is not intended to replace all the supplies in the rest of world. It would last much longer by boosting available supplies and possibly reducing US reliance on imported crude, if America developed the resources.
The report did not include an estimate for how long it might take to bring the reserves to markets, but it would clearly be a substantial period. Offshore fields in the Gulf of Mexico and west Africa can take a decade or longer to begin pumping oil. But clearly, the massive amount of industrial infrastructure necessary to find the oil, extract it, and transport it to where it is wanted will come with a very considerable environmental cost. Senior US oil executives are urging the relaxation of prohibitions against offshore drilling, including much of Alaska, although Democratic leaders in both houses of Congress rejected President George Bush’s effort on 14 July to end a 25-year moratorium on drilling in most coastal waters. But change may well be coming now.
Frank O’Donnell, president of the US environmental group Clean Air Watch, said not only do polar bears and other wildlife within the Arctic Circle face losing their habitat due to global warming, they would be hurt by companies searching for oil. “On the one hand you may see this region more accessible [for getting energy supplies], but we’re definitely going to pay a different kind of price… you may lose species,” Mr O’Donnell said. “The oil industry goes up there and industrializes what has been a pristine area… suddenly it becomes the new Houston.”
Staking a claim
United States
The last country to formally stake its claim will be the first to start large-scale drilling. Thanks to its vast Alaskan territory the US will be confident of a huge oil bonanza. The White House resisted giving endangered status to the polar bear as long as it could to keep freedom to drill.
Russia
Dramatically upped the stakes in the race for the Arctic last year by planting its flag on the seabed at the magnetic pole with the help of an experimental submarine. The country least likely to baulk at the environmental cost of drilling in the wilderness.
Greenland (Denmark)
The island is financially dependent on its mother country, Denmark. Oil could change all that. Its tiny population of 50,000 fears being over-run by outsiders in a future oil rush. Denmark was the first to stake its claim to the North Pole.
Canada
Canada was affronted by Danish claims to the North Pole and has conducted military exercises over its vast northern territories to strengthen its claim to the Arctic. Ottawa has sent naval vessels and specialist troops to the far north.
Norway
The country does not want to be left out of an Arctic carve-up. But it backs a UN treaty to demilitarize the region and protect its pristine environment.
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Reputed NEWS Source .
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Regards .
Praise God .
Salim Abraham .
Praise GoD .
Oil Price Rising ……
June 25, 2008
Almost all the newspapers have reported that the OPEC authorities have said that they have done everything in their power to control the oil prices-by increasing production in countries such as Saudi Arabia and Kuwait.
Still the oil prices are steadily rising and the OPEC now says that it is not in their hands anymore .The prices are rising only because of the speculators and for no other reason and if these practices are to continue,prices will continue to rise.
I don’t know why the speculators do not forsee the after effects of this unprecedented price hike.The poor and the middle classes all over the world are suffering.Prices of all essential commodities are increasing because of the oil cost incurred during transportation.
In Indonesia the peoples’ suffering has reached the point where parents have resorted to selling their children or sending them off to orphanages as they cannot feed them.
“Hundreds and thousands of children live in orphanages in Indonesia and their number is steadily rising.This is directly proportional to the rise in oil prices” says ‘Save The Children, USA’.
So what is the solution?
The only solution is to stop speculation on crude oil.Nowadays after air and water,the next most essential commodity essential for survival is oil.If speculators continue at this pace, the next commodity to be introduced into the trading market will be air and water!
All essential commodities will be under the control of the speculators.Therefore atleast now, the masses have to be made aware of this dangerous situation.Otherwise this will be the beginning of the end.Specualtions on luxury commodities like gold or silver do not really affect the poor and the middle class.
In order to curb these unscrupulous practices,the UN should act now.This is a war against the poor and the middle class irrespective of nationality,color or caste.The UN must pass a law that places a ban on speculation on oil and other natural resources.UN should take an active part in controlling the price of natural resources.If no one is interested in protecting the poor from exploitation by selfish speculators,then the God Almighty will act on their behalf.Once He takes control,these selfish ones will be made to suffer for the injustice they have inflicted on the poor,who have no way of making their voices heard.
If they or their loved ones get a life -threatening disease like AIDS or cancer,what will they do with all this money they have made . Someone has to pay for the suffering happening , this IS WRONG .
Take it or leave it…..
Regards .
Salim Abraham.
His Majesty,the King of Saudi Arabia,in his speech given during the opening ceremony of the Energy Convention said …..
“The truth behind the oil price hike must be explained and it is our duty.
The end users should find out the reason for it and it is their obligation.
It is due to speculation by selfish traders and not because of parity in production and demand.”
His Majesty also introduced a new program named ‘Energy For The Poor’.He ordered a fund of 1000 million dollars for the prgram by OPEC and said that Saudi Arabia would be the sponsor for the whole program.
He mentioned that the oil production was very much in sync with its demand.
Now we feel that the main culprits are Morgan & Stanley,Goldman Sachs and other financial institutions who have invested heavily in this trade,manipulating it and making the poor man suffer.
What the western world perceives as high demand for oil,meaning high demand in the commodity market,is not high demand in the physical oil market only virtual demand created by futures trading .
Regards .
Praise God .
Salim Abraham .
Solution . Bright Idea !
June 11, 2008
I believe that natural resources should not be traded on futures market that is what we should do to maintain the price at a reasonable amount such as 70 NYMEX .The game is changing manipulators are playing and everything is going to shi* .
Developing countries are going to stop development .real estate prices will fall .economies will be destroyed ,countries will be forced in to recession .
Is this what we want for our children ?
P.S
The only Solution is STOP OIL Trading on Futures Market .Only people who should be able to buy OIL should be actual consumers such as……..countries .
Regards
Gordon
Admin<>Shalom -SGA Inc .
