punk_ash

Why Oil and Gold Are Headed Much Higher

Its not that simple. It sounds simple that more dollars, more supply of dollars, the commodities are the same and so, they will cost more and so Oil will go through the roof. I am getting of the opinion that Business as usual is going to be the new norm. The thing is that we sitting in the US think that the rest of the world are doing so great, but the fact is that they are not, India and China are almost completely dependent on US and will continue to be for who knows how long. So, the demand for US Treasuries is not going down, we may not be able to take on more debt, and seems like we will not, after what has happened in 2007-2008.

Meanwhile, we will continue to see pump and dump, i.e. bubbles, how else are we going to pay for the execs and the traders