I don't know how many of you read Barron's, but there were some very important issues raised in the roundtable discussion, most notably, oil.

Marc Faber brought to light the geopolitical risks facing our nation, as China and Russian have formed alliances to gain access to more Middle East oil. In the process, this alliance has asked the U.S. to begin setting a timetable to close its military bases in Asia. They are basically telling our political and corporate leaders, to stop trying to gain control of middle east oil.

So, if you are wondering why the price of oil, and oil related companies have been steadily rising, look no further than the geopolitical firestorm that is brewing between the two biggest bullies on the block.

The big U.S. oil barons, who have controlled the world’s oil and profits, are now running into major resistance from some very powerful foes.

As an example, the members of the Shanghai Cooperation Organization (consisting of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan) held a joint eight-day military exercise involving 10,000 Russian and Chinese troops. U.S. political leaders asked the SCO to reduce the magnitude of the exercise, and both Russia and China said "no".

The leaders of the Shanghai Cooperation Organization (SCO) include notable names like Russia’s Vladimir Putin, China’s Hu Jintao and Iran’s Mahmoud Ahmadinejad.

To counteract the SCO's show of muscle, the U.S. held a week long “Joint Air Sea Exercise 2005” in Okinawa and Guam which included 10,000 troops and 100 warplanes from the USS Kitty Hawk strike group. Included in the exercise were troops from South Korea.