Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:Nevada

[deisman03]

Neither the UK or Canada have banned "The Donald" from visiting Canada. It was actually the US that banned a very left wing Prime Minister from Canada Pierre Elliot Trudeau. The PM Canada elected last Oct is the son of that man and will be going to a highly publicized in Canada state dinner at the Whitehouse next month with the Obamas. That should be really good. Prime Minister Justin Trudeau's Godfather is none other than Fidel Castro of Cuba. It was the ties between Castro and his father that got his father banned from US entry.

The thing about government policies and subsidies is that whichever party forms the next government can either repeal them or cut them off completely. The Nevada case sets a precedent based on unfair trade practises being instigated/allowed/subsidized by a State government. I doubt very much that would stand up in the US Supreme Court. Berkshire/Buffett can easily afford to take this to those levels as well as pull or create funding for the politicians concerned. With only three in Nevada to influence????


I agree this looks like a good entry point. If I didn't have such a large amount for me already I would be averaging down. But, enough is enough and at this point cash is king. I like to keep at least 25% cash on the balance at all times. This has cost me dearly in Canada with our dollar dropping off so far. I read the writing on the wall with the oil stocks (surprise) about a year before they tanked. Our PM at the time telegraphed a message in one of his speeches that oil prices would be used to influence misbehaving oil producing nations. He also stated this would be done at the expense of Western and world markets. Then of course there is the Frakking phenomenom. Many oil investors did not look into what its potentials were for over production of the commodity. Same goes for the banks that loaned the money for the projects.


We are living in very interesting times. Even the IMF and World Bank are becoming alarmed by how few multi billionaires control 99% of the worldwide wealth. They lament that those same billionaires are not putting their wealth to work and are actually withdrawing capitol from all world markets and leaving it up to governments to instigate positive growth.