I would like to know if the prediction of "oil in the 20s" is an indicator of oil weakness or dollar weakness. If the latter, I understand the rise in gold. If the former, world demand has softened significantly already and OPEC will at some point cry foul. Question is, at what point . . . and another 30 to 40 percent lower than today would not look good for America.
Impending Inflation? The Global 'New Deal' All but Guarantees It [View article]
It's the "money printing" part that alarms me the most. Bottom line is, fiat currencies will wither. And, what do we carry in our wallets or store in our checking accounts? -- almost all of us?
Real value, like commodies or wealth in the ground, are fine for long-term wealth accumulation. But what about the day-to-day or month-to-month stuff? That's where the current economic crises seem to hurt the most.
Nine Reasons for Dow 6000 [View article]
Impending Inflation? The Global 'New Deal' All but Guarantees It [View article]
Real value, like commodies or wealth in the ground, are fine for long-term wealth accumulation. But what about the day-to-day or month-to-month stuff? That's where the current economic crises seem to hurt the most.