5 Ways to Diversify Away from the Dollar [View article]
Thanks for the article. This same thought has been on my mind, and I've been wondering how to hedge myself.
Couldn't agree more about the world's unwillingness to lend us money at such ridiculously low rates. My God. Of course they'll get paid back, but in dollars that have a hell of a lot less purchasing power than the one's we're using today. Gee, do you think Chinese economists understand that? I'm kinda guessing they do.
If the very recent natural gas discoveries are to be believed, then a substitute for oil has been found (too lazy to go get the link, google CNBC's website and look for the vid on the front page). Not nearly as energy dense as gasoline, but abundant (again, if they're to be believed).
If there's a grain of truth to this, then oil must inevitably decline.
5 Ways to Diversify Away from the Dollar [View article]
Couldn't agree more about the world's unwillingness to lend us money at such ridiculously low rates. My God. Of course they'll get paid back, but in dollars that have a hell of a lot less purchasing power than the one's we're using today. Gee, do you think Chinese economists understand that? I'm kinda guessing they do.
Oil vs. Natural Gas [View article]
If there's a grain of truth to this, then oil must inevitably decline.