truthbetold

Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar

Get real, you are sadly mistaken and don't do enough research and just believe liberal talking points. We have more oil locked in oil shale than all of saudi arabia's proven reserves. Once Shell determined an inexpensive way (profitable at $30 a barrel oil price) to extract said oil, the Dems in congress put the oil shale areas off limits. Brazil found oil reserves offshore to reach energy independence - supplying 80% of their total energy via oil. We don't know what's there until the shelf is explored. Also, there is an existing inactive rig off the coast of California that could be pumping oil in a little over 1 year if ban is lifted. We'd see significant increases in 5 years from off shore and less than 10 from ANWAR (incedentally, Clinton vetoed Anwar 10 years ago - sure would be nice to have that up and running now). All due to failed demcrat's policies of the past. Vote the bums out! The environmental insanity is now just a restriction on capitialism (politically motivated) and has no basis in protecting the environment.

Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar

Keep dreaming doomsayer. Oil is consumed, gold is not. America is still the shining city on the hill despite yours and the rest of the media's attempts to hide that reality. Dollar has likely bottomed as the other economies are in worse shape. S&P 500 down 20% while china down 50%. 50%! Think about that. Foreigners recognize the amazing opportunity of the weak dollar and weak US real estate and are buying while you fear monger the US investors into panicing. Vote the DEMS out of congress as they created this problem and stand in the way of the solution: Drill for US oil, creating US jobs and reversing the trade balance. We buy 12 million of our 20 million consumed barrels of oil a DAY from overseas. If we could produce 6 million more a day in the US or even 2 million, it would change things drastically. More US jobs, better trade balance, lower oil prices all could be had if congress would just GET OUT OF THE WAY. Vote those bums out. Offshore drilling is radically safer than it was in the 60's. Technology allows drilling in the violent North Sea without a single spill or spills during huricanes. Release our vast resources that are held prisioner by the Democrats!