GK's Blog (1)
US Natural Gas Fund Trade's Places
They're not just getting rich... They're getting even…
Anyone around long enough to remember the 1983 movie “Trading Places” with Eddie Murphy where two callous brothers (the Dukes) corner the frozen orange juice market? In the end, Winthorpe (Dan Aykroyd)and Billie Ray Valentine (Eddie Murphy) gained advanced knowledge that the supply of orange juice was not harmed by a frost- trading on the information they made a fortune in a few… Continue
Added by GK on August 29, 2009 at 3:54 — 15 Comments
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
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