Barry Sotoero

Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit

The Fed is going to cut rates atleast .50 % . The best thing to do in the short term is to buy gold.
Gold is so cheap compared to what it cost in the 70's. We will see $2500.00 Gold or higher. It is and has always been the hedge against inflation and a falling dollar.
We will most likely see the same thing happen in all commodities and worst of all oil. It 's not bad enough that we are facing supply shortages that are only growing , but now we are seeing hedge driven invesments to offset rapidly growing inflation. Inflation I believe will be above 15% in the next two years. Make your money now in precious metals, oil services companies and drillers. I also like alternative energies, we will see growth of a 1000% in the next 5-10 years. Look to the large industrial solar companies that are finding ways to reduce solar costs. Coal would be a good economy booster for us also. We have alot of it and in the near term and it would quickly reduce the cost of oil. Coal liquidfication is a rapidly growing industry and it burns as clean as gasoline. The US has had this technology for years. It would also create alot of jobs right here at home and all the tax cuts that go to big oil, could go to alternative energy, no matter what kind of alternative energy we use.
Our worst enemies are( Middle East) becoming in control of our economic growth and futures. This war is becoming the war of the have's and have nots, and we have not any oil!