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

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To: UncleBigs who wrote (63585)6/13/2006 6:36:44 PM
From: gregor_us  Read Replies (1) of 110194
 
My view has been that gold is the currency you'll need to buy oil. Uncle Buck won't cut it. I know the FED in collusion with the Bush Administration would like a more painless way to deal with oil prices: by engineering the USD higher. Problem is, as you know, the USD is under assault from the Debt, and the Debt's compounding.

The USA could have a decent shot at lower oil by making the USD strong the real way: getting the Debt under control. But it's clear to me now Bernanke is a colluder in avoiding that path.

Oil is such a beautiful expression of the USD's PPP, don;t you think?

Best,

LP
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