Stockhouse.com: Taking it to the street
Latest Broadcasts
STKH
Internet/Technology
V.UNR
BASIC MATERIALS - METALS & MINING
V.PTV
BASIC MATERIALS - ENERGY
SKYLINE
Investor Relations
TPIM
Healthcare
V.MNV
Natural Resources
An excellent place to start your search for new investments!
add to favorites print

Emissions trading has dollar devaluation downside.

Editor’s Note: Bullboard and blog posts have been edited for spelling, punctuation and grammar only, in an effort to make them easier to read. Click on the text link to view the post in its original form.


Cap and trade downside

The establishment of the carbon emission trading scheme is one more level from which the security brokers and lawyers will collectively earn billions of dollars, the cost of which will be borne by the asset producers and you their customers. The result is a further devaluation of the dollar. The true cost is further starvation for the lower segments of societies throughout the world.

As we have seen from the current financial mess, the creation of money unsupported by physical assets, or the creation of money beyond the value of the physical assets that are produced under a currency, are simply a drain, or charge, against that currency, and a devaluation of that currency.

A carbon trading system will enrich the lives of a few at the expense of many.

- From winston1500, on the Minera Andes (TSX: T.MAI, Bullboard) board


“Always trust your gut”

Chatty, remember two years ago when I first started asking this board "why is the share price flying?" and all I got in return was you guys calling me a basher (the SDRG board's first basher). Well as you know I sold all my shares ($1.50/sh) because I felt it was a scam in progress…

Always trust your gut.

- From ziggy1, on the Silver Dragon Resources Inc. (SDRG, Bullboard) board


Coal play all hype?

For those of you who think this is going up much higher in the short term... give your head a shake. With a market cap of $25 mil right now I don't see it going much higher than that in the short term. Too many unknowns for the moment. What we do know is they are attempting to permit for coal exploration. We do not know if they will get them and we won't know for a while. Then there is the news this morning. 3 METERS of coal hundreds of miles away from GXS. Who knows what that will grade. Sure the price has appreciated a fair amount but as far as I can tell it is still all hype.

- From mudder66, on the North American Gem (TSX: V.NAG, Bullboard) board

 
ABOUT THE AUTHOR
Must-read posts
.
 
print
 
Comments
NAG is for real. The bashers and late comers are trying to talk down the play to get shares, IMO. Permit news coming will silence all these whiners.Watch the news wire and read the NAG web: www.northamericangem.com
 
Stockhouse Conflict and Disclosure Policy:

Stockgroup Media Inc., owners and operators of Stockhouse.ca/com, has established rules to ensure that there is no appearance of impropriety on the part of any Stockhouse writers who discuss or name individual public companies in the content published on the Stockhouse websites. The content of Stockhouse Editorial articles are the opinion of the writer and any reliance on the content of these articles shall be at your sole risk.

Stockhouse Editorial writers may own, buy, or sell shares in public companies mentioned in their articles. Please be advised that a conflict may exist and that any investment decisions you make are your own responsibility. Additionally, our Editorial writers are not registered investment advisors. You should not make any kind of investment decision in relation to these articles or stocks discussed in them without first obtaining independent investment advice from a registered investment advisor.

Facts relied upon by our Editorial writers in arriving at their opinions are generally provided by the subject companies or gathered by our Editorial writers from other public and/or private sources. These facts may be in error and if so, the opinions of our Editorial writers may be materially different.

Rules applying to Stockhouse Editorial Writers

Stockhouse Editorial writers may own stock of any company they cover, but at the bottom of the article or within the article they must clearly and prominently state their ownership position in the company.

Stockhouse Editorial writers cannot solicit, accept, or agree to receive anything of value given or paid with the intent of influencing their editorial articles published on Stockhouse.

Stockhouse Editorial writers are not permitted to write articles that attempt to influence or benefit persons connected to the writer such as family or friends, , except where disclosure is made in the same way as if the writer him/herself owns stock.

Stockhouse notifies each Editorial writer about these rules but in case of a possible breach of our rules, we may not be in a position to find out or investigate the facts. We rely on the integrity of our writers to ensure that our rules are followed.

 
FREE REPORTS
 
SPONSORED NEWS LINKS
 
 
 
 
Today's Feature  
 
Sierra Geothermal Power Corporation
Sierra Geothermal Power Corp.(CDNX-V: SRA) is a renewable energy company focused on the exploration and development of clean, sustainable geothermal power projects. Geothermal plants produce long-term revenues and provide continuous, base load power, often at or above 95% capacity thereby being the preferred source of power for many utilities. Sierra Geothermal has secured a portfolio of 15 geothermal projects in various stages of development...