Forex Markets: The Dollar/Oil/Inflation Revolving Door [View article]
The prior comments do not do this article justice. The notion that the dollar may virtually be on the "oil" standard is an interesting one , and may be one of the reasons I have intuitively preferred oil over gold , ( but also gold ,silver,etc. secondarily) as an inflation hedge in the past, which I will continue at least for now. No doubt deflation is the current monster du jour, but it will not last with the demonstrated Fed/Treas./Congression... proclivities. Thanks for the Bretton Woods synopsis also. An excellent series of articles well worth reading and considering.
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The prior comments do not do this article justice. The notion that the dollar may virtually be on the "oil" standard is an interesting one , and may be one of the reasons I have intuitively preferred oil over gold , ( but also gold ,silver,etc. secondarily) as an inflation hedge in the past, which I will continue at least for now. No doubt deflation is the current monster du jour, but it will not last with the demonstrated Fed/Treas./Congression... proclivities. Thanks for the Bretton Woods synopsis also. An excellent series of articles well worth reading and considering.
Dec 01 11:44 am
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