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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (18338)3/6/2009 9:30:54 PM
From: Real Man1 Recommendation  Read Replies (2) | Respond to of 71456
 
No. Supply of oil was never a problem. It was supply of dollars,
and that's zooming now. -g- In the 90-s supply of dollars
was zooming, while oil and commodities were low. Now they are
catching up with this curve below. Yeeehhhaawww... <G>



To demonstrate that, here is price of oil in gold, which
shows

1) price of oil did not change, it was trading around 2.5 gold
grams per barrel for the past 60 years, although the "peak"
effect probably pushed it to 3g per barrel. We were on gold
standard back then.
2) oil is very low due to economic depression. In fact,
extremely low.

pricedingold.com