Mark Weldon strikes out on Carbon Trading

When Mark Weldon came from a well paid Wall Street job at the beginning of this century to become CEO of the New Zealand Stock Exchange [NZX.NZ] I held much promise for this dynamic, ambitious, innovative and successful young man.

Weldon has fostered the NZX from a economic backwater exchange into a more broad based one with more revenue streams-even though it is still a underdeveloped exchange, but that is another story.

Unfortunately Weldon's latest push for more revenue, in the form of launching a "Carbon Trading platform", whatever that means, is at the risk of ameliorating his good results so far, and more.

Weldon seems to have caught the zealotry nature of the carbon trading Nazis , like Minister for "Climate Change", whatever that means, David Parker.

Mark talks of his TZ1 Carbon Platform as "leading the world" and "innovative".

"The most important thing NZX can do here is get the right CEO, free the business to succeed, and hold a high quality team accountable for results."

No it isn't Mark. Trading a real asset is the most important part of any market. Even if you had the smartest person in the world who fully understood the carbon trading market, you will still find it impossible to make this kind of platform a long term success because of its fraudulent nature.

Mark Weldon goes on:

"Mark Franklin is the perfect CEO for TZ1. He has the right technical background, knowledge, relationships, credibility, strategic skills and drive. Mark chose this position ahead of a number of global roles on offer to him - a choice that reflects his belief in the potential of this market.

Quite frankly we have heard this kind of enthusiasm for business and markets based on nothing for as long as human beings have had a history. The majority of Internet businesses and wild poppies traded in Holland during the 1600s were two similar fake manipulated markets and both of them collapsed with spectacular results.

The carbon trading market collapse will make those meltdowns look like a Tom Hanks and Meg Ryan movie.

The carbon trading market and the "economics" on which it is based has its genesis in the fraud that is the Enron invented carbon trading market and its associated Al Gore pushed "climate change" movement, scientifically disproved and with a negative economic impact rather than a positive one-which clearly makes it a liability rather than an asset.

To put so much misplaced faith in a market for trading carbon credits simply defies economics 101, something that Mark should have remembered from his 3rd form economic class-an asset has to have a clear value, be easily understood have a real demand based on an intrinsic value, not a demand pent up by politicians and scientists on the State breast-in other words a false market.

When the price of an asset is based on the regulator or principle organiser of trading that asset, TZ1 in this case, or the government setting or influencing the carbon price, then the relationship of trading to the value of that asset is not only artificial but in the long term unsustainable, in the true sense of that word, and will eventually lead to its collapse.

Mark Weldon has forgotten the basics to investing, what an asset is, the fact that a market relies on real assets to have any chance of a long term future and the history of previous economic collapses.

Putting faith in "Carbon Trading", being excited and passionate about it being a huge success is a thin veneer pasted over the reality behind it that it is based on a fraud.

You should be ashamed of yourself Mark.


Related Share Investor reading

Carbon Credit trading puts global markets at extreme risk
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead

Related links

TZ1 Market
Kristen Byrne - 15 year old schoolgirl debunks climate change myth

NZX financial data

• Summary
• Charts
• Dividends
• News
• Announcements
• Price History
• Related Securities

Related Amazon Material

The Great Global Warming Swindle (DVD) Buy new: $14.99 / Used from: $15.99 Usually ships in 24 hours

c Share Investor 2008

Carbon Credit trading puts global markets at extreme risk

I'm going to kick 2008 off with a topic that is going to be a constant of mine this year, and in the years to come, because as far as economics, the impact on economies and business, it is going to be one of the biggest negatives we have ever faced.

The scourge of the global warming Nazis and their thirst for control, of individuals and nations, through new and increased taxes, in the name of decreasing your "carbon footprint", is going to have far reaching impacts into every aspect of everyday life.

The relevance of this to investing and my interest comes in the form of "carbon trading".

The introduction of a so-called "Carbon Trading" platform by New Zealand's NZX is likely to be the beginning of the end for this country's economy and global economies as we know them and there is a possibility that our sharemarket could be wiped off the face of the earth completely when the carbon trading market inevitably collapses.

Scaremongering and overstating my case to make a point?

I think not.

If we learn anything from history in regards to booms and busts and meaningless frenzies whipped up by market hysteria, we have only to look back to the most recent tech bust of 2000, where there was at least some substance and truth and real profit involved in a handful of tech companies, some of which still survive today.

We can also look back to the Dutch poppy boom around 400 years ago, where "rare" blooms were being traded for outrageous prices, well beyond any intrinsic value and of course just like the tech boom 400 years latter, much wealth was made by those that got in first but eventually things turned pear shaped, and most people lost, collectively, vast sums of money.

If we look at the carbon trading market, one can see the beginnings of a frenzy, one being whipped up by the likes of Al Gore, Hollywood and theorists who base their whole "global warming" theory on failed "science" and outright lies.

Al Gore is one of the leading proponents of carbon credit trading and has a huge financial interest in that market.

These early adopters are set to make billions on carbon trading markets and will be the only ones to profit from it.

The outfall when the latter come investors lose faith from trading "carbon credits", which they will because they are not only worth zero in dollar terms, but are a negative weight on economies and have no intrinsic value in themselves, will cause a crash in multiple markets not seen since 1929 and the 2000 tech plunge.

The trading of good stocks, property, land, businesses, minerals, commodities and the like, that have an actual value, and clearly while the prices of these assets will fluctuate in price, most provide a real income and have value. Carbon credits, which are and will be traded increasingly in the future, have no actual value if you don't believe the flawed concept on which they are actually based.

As most critical thinkers know, the concept of man made "global warming", the basis for it and the reasons it is being raised as a concept or theory, is a highly contentious one and the trading of carbon credits, in order to make money for the savvy, gives it a respectability it really doesn't deserve.

Just like the poppy rush of the 1600s, the great crash of 1929, the market meltdown in 1987 and the tech bust in 2000, the coming carbon credit trading bust shares some of the reasons why markets crashed at these times.

These four market crashes all share an over exuberance and a market frenzy to a point where the value of the assets or shares traded far exceeded their real intrinsic value and these were the main reasons why the markets eventually collapsed.

The poppy trading, tech market boom and carbon credit trading share a similar trait in themselves.

In all three cases the values placed on "goods" traded often had no or little value from the get go.

Poppies traded 400 years ago were wildly inflated in price, the majority of tech company stocks traded had never made a profit, and in the carbon credit trading example not only does the "product" traded have no real value, it is actually of negative value, in a local and global business sense because it adds cost to running a business and will eventually be applied to every product and service that consumers buy and use on a daily basis.

From a carbon tax on gas at the pump, to food you buy in the supermarket, the new carbon taxes will be applied to everything and clearly it will cost us all more, all for no good reason, for that is what taxes do, they constrain business and economies.

So clearly the carbon credit trading part of the equation means you can offset those extra taxes forced on us by the global warming Nazis but the negative value of those so called carbon credits is self evident from my explanation that they are a cost not a productive commodity that is worth anything.

They are worth less than nothing!!!

Politicians and business "leaders" who have jumped on the carbon credit bandwagon, because they can see the dollars to be made and the control of the populace that extra taxes afford, are putting the global economy under threat. Ironic then that this is being led by a failed politician, Al Gore.

The past has left us littered with evidence that getting caught up in such bandwagons only leads to disaster.

To ignore the warning signs of history is to go forward blindfolded, deaf and with ones mouth shut and is clearly moronic to the ultimate degree.

In writing this piece I am constantly reminded by the old adage "...when one ignores history one is bound to repeat the same mistakes..." but we know what has passed and it is more like, "... repeating the same thing over and over and expecting a different result".

Either way the global economy is in for a huge shock when the carbon credit market implodes.

Resist the temptation to get involved this time.


Related Share Investor Reading

Mark Weldon Strikes out on Carbon Trading
Quote of the year
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead
Mark Weldon in two minds about carbon trading

Related links

TZ1 Market
Kristen Byrne - 15 year old schoolgirl debunks climate change myth

NZX financial data

• Summary
• Charts
• Dividends
• News
• Announcements
• Price History
• Related Securities

Related Amazon Material

The Great Global Warming Swindle (DVD) Buy new: $14.99 / Used from: $15.99 Usually ships in 24 hours

Expelled: No Intelligence Allowed Buy new: $17.99 / Used from: $10.28 Usually ships in 24 hours

c Share Investor 2007-2009

Of Tulip Bulbs and Tooth Fairies

Fortune Cookie Zine, September 6, 2160

By Share Investor V

See link for story background

Markets today have reacted wildly to the latest increase in the market price of horseshoe credits.

Horseshoe credit prices on the listed [HRSHT] hope index have increased by more than 66.6% overnight as investors perceive a shortage of luck coming over the Northern Summer, as temperatures fell to 20 year lows, cementing the studies done by leading climate scientists for many years that surely prove that we are now in the midst of a new ice age.

The horseshoe credit market or HC as it is now known, has had a stellar run since its inception more than 5 years ago. Many Trillionaires have been made through HC trading as the world's luck had run out shortly before trading in this rare commodity commenced.

Of course now that HC trading has become the success that it has, the world's luck has remained at all time highs. Last nights 66.6% rise in HC prices has increased the world's luck quotient to a point where the world may not be unlucky at all again anytime soon reports Al Gore X, a broker from the Beijing Street trading giant Leeming Brothers.

Gore stated, "this sort of luck hasn't been seen since the great tooth fairy mining rush of 2150". "Looking forward", says Gore, "We don't see luck running out anytime soon. The only negative that we see is from HC deniers, led by George Bush VII, who are pushing us to relinquish the world of luck and leading us back to a world where reality, rather than luck, rules the day".

"That just cannot be allowed to happen," says Gore, "because I certainly didn't get to where I am by using reality in any way. Clearly it would be a mistake to let reality get in the way of the world's luck. Pushing the HC trading market will allow the world to continue to get its share of luck credits and any impediment to that would surely mean the world's luck will eventually run out."

HC skeptics have spearheaded a campaign to abolish the HC market and the luck that backs them, in favour of reality but this has proven difficult in the face of the Trillions of dollars that this market was worth.

The spokesman for the largest HC skeptics group, George Bush VII, from Hallichevron, lists history's failed rushes towards what he calls "loony tunes schemes" as reasons for not continuing to pursue HC trading. "Tulips Bulbs, Internet bubbles, carbon trading and 10 years ago the tooth fairy rush are examples of what history has taught us. Let us learn from history and ditch this HC trading right now."

Let us make our own luck indeed.


Related Share Investor Reading

Rod Oram: On the Prius to Obscurity
Another reason to ignore Rod Oram
Rob Fyfe's "Environmental Extremism"
Carbon Credit Trading puts markets at extreme risk
Mark Weldon Strikes out on Carbon Trading
Quote of the year
Global warning: Tax iceberg ahead
Mark Weldon in two minds about carbon trading






c Share Investor 2008 :)