cdcaddy

This Recession Will Be Anything but Deep

I totally agree with the inflationary period ahead of us...however I keep wondering when that cycle is going to start since the dollar seems to be holding. Certainly it's up due to the fact that it's the "best looking" ugly currency in the basket - but with the US printing presses winding up and a rising tide of dollars being pushed into the economy...I'm expecting an inflationary process to begin almost any day...

John Hussman: Is There a Possibility of $60 Oil?

Geez - I could have written this tripe...OPEC is searching for the point of diminishing return...right now they have oil over $100 which is a price point they have wanted...as demand curbs - so will production, they won't flood the market with product - NO manufacturer would do that... So unless the global economy tanks - OPEC will keep their finger on the pulse to ensure optimal pricing. I'd love to see $60 oil...but we are along way from that at the moment...