I suspect Aidan and many others who comment on this site are paid trolls.

This is supposed to be an email from James Rickards (Author Death of Money) to his subscribers."Zoey 01/18/2016 •
On January 14, Jim Rickards sent an email to subscribers to Daily Reckoning this message: “Soon — perhaps just weeks from now — I believe markets will be hit by the third and biggest currency shock since the currency wars started in 2010. It’s going to be a hard stab in America’s back by one of our closest “allies”. Absolutely no one is expecting this… Yet, when this sneak currency attack hits financial markets in the next few weeks… Stocks could flash crash by over 10% in a matter of minutes, causing a selloff… Oil prices could crash even lower than $35 per barrel… Some financial institutions might go bankrupt, taking savers money with them… The U.S.’s most powerful financial weapon will be destroyed… America’s biggest “frenemy” will gain the world’s #1 financial advantage… And a full scale war between a region’s two biggest powers could explode. The U.S. might even get dragged into the fighting… ”

Jim also said that an announcement will be made next Friday(1/22/16) that will set off the media. One of the commentors on Lindsey Williams’ website received this email and posted it. He also said in Jim’s live video stream, he said they expect Saudi Arabia to de-peg from the dollar in the coming days."

Paid? I wish!

Trolls? I'm not the one who's been repeatedly posting the same thing and ignoring the arguments against it!

Adian, I used to work in the mining industry, as a chemical engineer, where I depended on my knowledge of designed oxidation followed by precipitation to recover precious metals, and later as an analyst.
I took my lunch with senior geologists and read their industry specific journals, where I read senior geologist's reports on the possibility of major oil reserves in the Great Barrier Reef!

I have a nephew in the oil discovery industry and a brother in law employed as the chief scientist in a catalytic refinery, that turns methane into methanol.

Simply put your arguments are refuted by Pre PC, written industry expert opinion, which I have read!

Even so, if there's nothing there to find, as you endlessly and rigorously claim; then you'll have no objections to a sensitive marine survey, followed by confirmation drilling?

Oh I forgot, a few drill holes is likely to cause much more damage than that of the regular cyclones which devastate 100's of square kilometres of the reef, almost triannually.

And yes, you did claim that ceramic fuel cells with their polymer internals were not robust enough for use in motor vehicles. And you went on to say you preferred hydrogen and the conventional fuel cell with its platinum innards, and yes I paraphrase, given I can't recall your exact wording.

All I have ever asked is that we look at a submerged mountain range the same age as the hugely eroded great dividing range and part of eastern Australia!

Given you seem to be against the use of methane powered fuel cells and investigative drilling of the reef? What are you for, save some of the most expensive and generally unaffordable options.

Nobody can say with so much infallible certainty, that the widely reported myriad mystery oil slicks came from shipping, although the [oil industry funded?] Anti drill brigade would have us believe that is the case!

Rhosty,

A few speculative geological reports from the 1970s don't refute anything! We now know a lot more about the geology of the reef than we did back then.

We don't know whether there's any oil at all under there, yet you're treating as fact the baseless claims that there's a huge amount and it's light and sweet!

"Oh I forgot, a few drill holes is likely to cause much more damage than that of the regular cyclones which devastate 100's of square kilometres of the reef, almost triannually."
WHAT AN IDIOTIC STATEMENT! Drilling won't decrease the amount of damage from cyclones.

There are many things that damage the reef; some natural, some due to human activity and others a combination. See http://en.wikipedia.org/wiki/Environmental_threats_to_the_Great_Barrier_Reef

I certainly wouldn't support oil exploration while there's as much damage as there currently is. And I don't really think there's much point exploring for oil if we can't be confident it could be harvested without spilling it.

Regarding ceramic fuel cells, I think you must have conflated my claims with someone else's. I made no claims about their durability. I may have said they were unsuitable for most transport applications, but if I did, it was because of their high operating temperature.

Like you I once believed the hype about ceramic fuel cells. But unlike you, when we didn't start to see them in widespread use, I investigated why. I also thought about what could be done about it, hence my suggestion of colocating them with solar thermal power stations. Far from being against methane fuel cells, I'm suggesting a way of making them economically viable!

Graphene lets protons through so it could be very useful in fuel cells; but the conventional kind that works by letting protons through, not the ceramic kind that works by letting oxide ions through.

As for the infantile certainty, it's in your head. What I've said is that shipping and boatinng is the likeliest source of those oil slicks. Yet you seem unwilling to even consider that possibility.

Just as I'm not convinced that all mystery oil slicks come exclusively from shipping Aidan.

You seem to want to believe that's the only possible source?

As for my comment about Cyclonic damage, it was and you know it, meant to highlight the natural damage and contrast it with the possible minimal damage of a few drill holes.

Given that you seem to quite deliberately misrepresent what I say, you're the one looking like an idiot at best or at worst a St Petersburg troll just filling this site with as much misinformation and the verbal as you think it will stand?

And come to think of it, who would be most hurt by the discovery of a new large easily accessed oil and gas field?

You got it the Russians?

Old time prospectors relied exclusively on mystery oil slicks to lead them to oil, and given mystery oil slicks, any oil they indicated was close to the surface!

As for our oil being light,sweet, and largely sulfur free, that thus far has been the traditional experience, and as such leaves the wellhead as virtually ready to use diesel fuel, needing just a little chill filtering to remove sand particles and the soluble wax content that clogs the injectors on a cold and frosty morning! Or makes that thick black smoke under load.

You may be right, there maybe no oil to be found. But unlike you and your ilk, I cannot know that in advance, without looking.

Something the economically challenged Russians ,who to date have used their very expensive hydrocarbons as a weapon, would just love?

In all the years I worked inside the mining industry, we never knew what was there without looking, and relied on reliable indicators and expert opinion to guide the exploration.

Given both, there's a case for further investigation. Simply put, I can't unsee what I've seen.

What possible objection could you have with confirming investigation or a local low cost oil industry?

What? Sooner allow foreign interests to hold us by the economic short and curlies? How typical of a paid troll?

Oil prices moved up for a while when there were tensions among Iran and Saudi Arabia on ties. But, whatever Saudis are doing, keeping the oil production high and manipulating oil prices, somewhere they are putting themselves in danger.