Tuesday, March 17, 2009
Colorful Statue of Music
This picture struck me. It's taken by Stephen Downces on 17 March 2009.
Who knows about the location? Is it Austin, Texas? I've to check it out.
BELOW IS A SHORT QUOTE FROM THE MOTLEY FOOL NEWSLETTER THAT REACHED MY GMAIL THIS MORNING
The world's foremost experts say $300 BILLION will be generated -- in the next 5 years alone
That's why everyone from General Electric to Goldman Sachs, JPMorgan to British Petroleum, The Blackstone Group to Shell Energy -- and even billionaires like Bill Gates -- are racing to get invested.
It's also why I urge you to take the next few minutes to read this report in its entirety...
At the very least, you'll get the full story -- so you can decide for yourself if you'll be front and center when the big money starts rolling in.
Plus you'll get all the details on three immediately actionable investment opportunities that can help you cash in on this coming change -- and build the kind of wealth and financial security we all secretly dream about...
And I'll even show you how you can secure returns far greater than any of the legendary investment houses, companies, or innovators I just mentioned.
Shrewd investors just like you have already used this often-overlooked investment strategy to grow their portfolios by 2,941%, 6,771%, and even 21,201% -- in just the last 10 years alone!
I'll give you all the details in just a moment, but first let's discuss what many experts are calling...
"The Greatest Transfer of Wealth in the History of Mankind"
Right now -- while the rest of our nation struggles with a brutal recession -- a handful of sleepy, wind-swept West Texas towns are absolutely booming.
Not since the first railroad tracks were laid in 1881 have these backwater towns experienced such prosperity...
In places like Sweetwater, Texas, abandoned buildings are being renovated and restored. New shops, hotels, and restaurants are opening left and right. Schools are going up, and highways are being built.
You might be picturing old-money oil tycoons like J.R. Ewing sitting in their mansions, sipping bourbon, and relaxing as their oil rigs pump all day and night...
But, here's the real shocker... these towns aren't booming because of oil -- they're booming in spite of it.
You see, they're at the epicenter of a $300 billion movement that holds the key to keeping the U.S. economy from hemorrhaging TENS OF TRILLIONS of dollars over the next few decades.
"The simple truth is that cheap and easy oil is gone.
This is one emergency we can't drill our way out of."
-- Billionaire oilman, T. Boone Pickens
Whether or not you believe that "peak oil" is a geologic reality, the economic reality is that this year alone we will buy $700 billion worth of oil from countries that, as Pickens puts it, "don't like us very much."
That's four times the annual cost of the Iraq war -- and roughly equal to the amount taxpayers are about to be forced to pay to "bail out" Wall Street. Projected out over the next 10 years our tab for foreign oil will come to a staggering $10 TRILLION!
That's a gut-wrenching amount of money to just throw away -- especially when our economy is in such turmoil. And from the looks of it, things are only going to get worse
In 1970, we imported 24% of our oil. Today it's nearly 70% -- and growing.
And although we represent a mere 4% of the world's population, we use nearly 25% of its oil.
The unfortunate truth is that we are hopelessly addicted to oil. And the readily available supply of that oil is coming into serious question...