Gold Barron

As the Dollar Continues to Collapse, Where Will You Put Your Money?

The dollar is not going to "collapse". I do believe the value of the dollar will degrade over time, but many authors are using the words "collapse" and "worthless" in describing the dollar a little too loosely.

I think a modest allocation of your portfolio in physical gold and silver of say 15% minimum and 25% maximum is a good strategy. Keep the rest in cash and wait and see what happens in the next six months. Too much uncertainty right now in the markets and government decisions. The manipulation of every market thinkable is rampant. The politicians are totally corrupted by greed and power.

This whole country, from the politicians to the American sheeple themselves, has become a complete disaster.

Good luck to all!

Oil Stocks: Where Can You Find Black Gold?

I personally believe oil will drop to between $25-$30 a barrel. That will certainly hurt the oil stocks. Too expensive to drill even at current oil prices.

The democrats will increase the gas tax and Obama will definately raise taxes and increase the fuel efficiency standards of the automakers. In addition to the fuel standards, alternative energy will keep oil low.

Obama will use the Strategic Petroleum Reserve to curb any major price increases in oil.