BizAnalyst Network: Fear and Loathing in the French Quarter

Thursday, September 01, 2005

Fear and Loathing in the French Quarter - 09.01.05

Wealth Daily

If you cannot properly receive HTML e-mails, go here: http://www.wealthdaily.net/newsletters/sep05/090105.html to view Today's Wealth Daily.

Thursday, September 1st, 2005

Baltimore, MD
Jackson, WY
Missoula, MT

Fear and Loathing in the French Quarter

Fear and Loathing in the French Quarter
The Changing Face of America: Welcome to Niagara Falls
Has Steve Forbes Gone Mad?
Security Blimps

"In 3 hours we were reduced to a living standard comparable to that of the Sudan. Yesterday I was a middle-class science teacher in the suburbs of Louisiana, enjoying a simple life. Today I'm nothing more than a malnourished animal -- hungry, tired and angry."

- Person stuck in New Orleans

Dear Wealth Daily reader:

I've been to New Orleans several times.

To be honest with you, I can only take that city in very short durations. A two day visit is ideal. Three is the max.

The last time I was there was in November 1999 to speak at the Blanchard conference. I was there for 4 days, and I nearly left in a body bag.

New Orleans is a seductive siren that'll kill you if you're not careful.

It's one of the reasons I haven't been back in over 5 years.

However, my attitude about returning to the Big Easy was changing.

The Wealth Daily team was entertaining invitations to attend this year's conference held at the end of October. As you can probably guess, Mike Schaefer is in high demand these days to speak about his Cassandra-like insights into the natural resource markets and peak oil.

Today, that invitation was withdrawn by both parties. It appears the conference is postponed for at least 6 months. I'll keep you updated.

BAM!
When Emeril Lagasse Meets Thomas Hobbes

The chaos that's occurring in New Orleans is the modern-day example of what Hobbes described man in the state of nature: Nasty, brutish and short.

I have a lawyer friend who lives in an upscale part of NO, near the historic St. Charles Street district.

He tells me the city has effectively slid into the abyss. It's over the edge.

I won't go into the details. You've seen enough on CNN and Fox.

But he's telling me that 4 days without water, food, and power, the people are losing hope. And when people lose hope, they become desperate and primitive.

As I was driving into work today listening to talk radio, call after call came in arguing that the looting in New Orleans was justified.

One caller even remarked, "How's the looting in New Orleans any different than the looting that was done by Enron directors?"

Nice try.

This is what happens when order in society is lost. Fear and loathing sets in at the worst possible time. Animal instincts takeover. It's survival of the fittest.

Of course, the issue on everybody's mind is the one concern nobody will admit: Sure the human suffering is tragic, but when will the refineries come back on-line to start producing gasoline.

If the answer to that question is months, the chaos we're seeing in New Orleans could spread to the rest of the US.

Tomorrow, I'll talk about the changing face of America: Welcome to Niagra Falls.

-Brian Hicks

Buy the Whole Foods of Canada for $2 a Share

Business Edge Magazine says this organic food store stock is "well on its way to major league status"
Sales are up 700% since 2001
It owns 54 organic and health food stores in Canada... and wants to move into the US market
The stock has finished every single year it's been public with a gain!
It's up 122% this year alone!
I think the stock is headed to $16.75!

Read my exclusive report:
[The Whole Foods of Canada]

Need Help Buying Canadian Stocks?

Contact Mike Bruin @ Canaccord Capital Corp.USA Inc.

mike_bruin@canaccord.com

Phone 1-800-663-8061- ext. 7438 --USA

Direct Phone (604) 643-7438

Steve Forbes Sees $35 Oil

You're simply not going to believe this. Publishing magnate Steve Forbes says that he expects oil prices to dip as low as $35 within a year.

Has the publishing guru gone mad? Has Mr. Forbes taken some horrible hallucinogenic drug, akin to adrenochrome from Fear and Loathing in Las Vegas?

Forbes, editor-in-chief of the influential Forbes business magazine, blamed the current price spike on speculation and said that inflation and increased demand from China and India only accounted for a small part of the price hike from $25-$30 a barrel three years ago.

Forbes predicted that an oil price burst was coming with an impact that could make the dotcom bust of 2000 "look like a picnic".

"I'll make a bold prediction," Mr. Forbes said while speaking in Australia, "in 12 months, you're going to see oil down to $35-40 a barrel."

"While there is a lot of talk in my country, the US, about the housing bubble, I think the real bubble, to be blunt, is in the price of oil."

"I don't think it's going to go to $100 but if it does the crash is going to be even more spectacular," he said, "It will make the hi-tech bubble look like a picnic -- this thing is not going to last."

It's obvious to me that Mr. Forbes isn't aware of the global oil supply situation and hasn't done much, if any, research in this area.

I'm sorry Mr. Forbes but I have to strongly disagree with you on this one.

I've been wrong before. But I'm not wrong about this. We'll never see oil at $35 ever again. And, Mr. Forbes, if I'm wrong, I'll eat my hat.

"Brilliant service. Stop selling subscriptions."

That's what one member of the Daily Energy Alert recently said.

It's easy to understand why he's protective.

We made 108% on our April 5th trade in Natural Gas... after holding it for just 17 days...

And turned around and made another 88% on Natural Gas in just 28 days!

Only 900 members will be allowed to join the Daily Energy Alert:

For more info:
[DEA... Play With Transparent Poker Cards]

Security Blimps

Could blimps be the next big thing in homeland security?

Companies like Airship Management Services, whose blimps are leased to the likes of Fuji Film, are hoping so.

And I know what you might be thinking...

Maybe something like this?

Airship advocates claim that consumers will need to be convinced airships are safe before they'll ever be used for homeland security purposes. But it seems that it's only a problem of perception. The perception is that airships are unsafe. According to industry leaders, that's simply not true.

Industry leaders say that another Hindenburg accident is unlikely because modern dirigibles filled with helium, not hydrogen. They wont blow up.

I emailed Airship Management Services and asked what would happen if someone shoot at a blimp. Would it burst?

The company told me that because an airship is filled with such a huge volume of gas (about 250,000 cubic feet) and under very low pressure, gas will only leak out at a very slow rate and is not subject to bursting.

In 1994 The British Ministry of Defense fired many hundreds of bullets into an airship during tests. It still took many hours to deflate and land.

Zeppelins operated by Airship Management Services have already been used as air surveillance and security platforms by the New York Police Department, the U.S. Secret Service and the Athens police during last year's summer Olympic Games.

Blimps can be deployed more cost effectively and efficiently than some methods currently being used.

Dirigible supporters say they are cheaper than satellites and more feasible as long term surveillance platforms.

While a blimp might seem to have a hefty price tag at around $5 million, satellites can cost $150 million or more.

An airship is also about 24 times less expensive than operating a helicopter, the current choice of aerial surveillance for state and local law enforcement. Helicopters can also only stay on station for a short period of time. An airship can stay on station for 24 hours and not lose sight of something.

Airships are also very quiet and have a benign presence. People see them but they don't really intrude. They're essentially hidden in plain sight.

The Hottest Investment Sector in the World
China's there. So is India. Germany wants a piece, and France just coughed up $1.2 billion for some action.

Next month, VP Dick Cheney is headed there to secure America's energy future.

I'm talking about Canada's oil sands.

Every single oil well in Alberta is up for grabs... and will go to the highest bidder.

Learn more about a $4 oil company sitting on $67 billion in oil in the heart of the oil sands:

Read my exclusive report:
[PE... My New Oil Sands GIANT]

Super Blimps

While ordinary airships operate about 1,500 feet above the ground and can cruise at about 5,000 feet maximum, researchers at Purdue University are looking at creating an airship intended to fly about 65,000 feet, well above commercial airliner traffic.

These super blimps would have better surveillance capabilities than satellites because of their proximity to the ground and because they would be unmanned they could remain in operation for up to a year

The super blimps are still in the design stage. Researchers are still working out the kinks. The aircraft's fuel and durability of the airship's "skin" are still engineering hurdles.

Although no design for the blimps has been finalized, the researchers say it may be up to 900 feet long, that's about four times the length of the Goodyear blimp.

- Luke Burgess

To remove yourself from the Wealth Daily Profit letter, visit: Remove.

www.wealthdaily.net

Wealth Daily Profit Letter, Copyright (C) 2005, Angel Publishing, LLC. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or solicitation of an offer to buy or sell securities mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy nor the statements made herein. Neither the publisher nor the Editor are registered investments advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Unauthorized reproduction of this newsletter, or its contents, by Xerography, facsimile, or any other means is illegal and punishable by law. Please note: It's not our intention to send email to anyone who doesn't want it. If you would like to remove yourself from this mailing list, please see the instructions at the bottom of this message. NOTE TO OUR READERS: Angel Publishing, LLC and Wealth Daily Profit Letter do not act as an investment advisor or advocate the purchase or sale of any security or investment. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question.