The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: russwinter who wrote (37346)	7/31/2005 12:33:53 AM
From: mishedlo	Read Replies (1) of 110194

We would NOT have $60 oil today, if the printing presses hadn't been on full tilt. Keep it up and we will see $80 oil before long. Today or tomorrow? You ignore the growth in China, India, Brazil etc etc etc etc etc that is 100% inevitable. You ignore peak oil. You ignore geopolitical factors. Those are (over the long haul) far more important than US printing presses running on full tilt. BTW those presses are not on full tilt and have not been for some time as witnessed by money supply figures. China has been unleashed and regardless of what happens going forward, energy is likely to be a constraint. Oil is no more inflationary than soybean blight unless prices (other than gasoline prices) and wages go up because of it. Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next