Thursday, March 6, 2008

OIL JUMPS $5.00 in one day!!!

You would think this would be news but no, all are to concerned with the nonsense of Obama and Hillary! Very shortly we will see $110-115 a barrel, gas prices in California have topped $5 a gallon!
But as we all well know the revolution will not be televised, they will not talk about rising food and fuel prices they will talk about bunk!!! nonsense!
As Gold and Silver spike as people buy it as a hedge against inflation, the crap dollar continues to decline and become wallpaper. OPEC just stated that they will NOT increase production because the spike is due to irresponsible economic policy, ie. the federal reserve, lowering interest rates during a time when inflation, or the weak ass dollar is tumbling.
We are all right now inside the economic screw, the dollar is very very rapidly becoming devalued, buy Gold or Silver, since the year 2000 the dollar has lost HALF!!!! its value!
These worthless federal reserve notes are a plague, get rid of them, they are just and I mean "just" paper!
Since I advised my friends 5 -6 weeks ago to buy silver it has went up 25-30% as the dollar plunged, it went from $15.20 to $20.91!!!!
We could see Silver at $100 by the end of the year and Gold at $2,000!
FACT- The federal reserve bank is printing money as fast as they can, they are turning our currency into wallpaper, get out NOW!
We will soon see war with Iran and Venezuela, this will cause massive problems, people will flock to commodities, ie, Gold and silver.
Truth told, we are entering a time in american history that will make the great depression look like a circus, those who hold TRUE MONEY, ie. metals WILL dominate!-Citizen

1 comment:

Anonymous said...

Oil prices are based on the U.S. dollar, so I agree with you in part. But without the smart U.S. investers, know how and marketing skills of the U.S. gas would still be at 49 cents a gallon. Johnny law