bigpal

Why Oil and Gold Are Headed Much Higher

Wrong premises can lead to wrong results. Bernanke and Paulson have had learned common mistakes when Great Dep 1929, when Keynes argued economy should bail out itself without Gov intervention (see too Paul krugman blog's). Both of them (economy modernist) even give billions of billions USD to market with one consideration inflationary pressure is anchor. What cause to inf pressure? One of another is Oil price! If oil price is hike, bailout is less likely