Posts Tagged ‘oil – us dollar relationship

05
Dec
09

another anti-fed anti-dollar article in wsj

2 years ago these articles were only on fringe ‘tin foil hat’ websites…now their on wsj every week…

excerpt:

¬†“The nets came down on Wall Street, too. As the idea took hold that the Fed could meet any serious crisis by carpeting the nation with dollar bills, bankers and brokers took more risks. New forms of business organization encouraged more borrowing. New inflationary vistas opened.”

http://online.wsj.com/article/SB10001424052748704342404574575761660481996.html?mod=WSJ_hpp_RIGHTTopCarousel

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10
Jul
09

jim cramer continues ‘oil market manipulation’ conversation

Vodpod videos no longer available.

more about “Commodities taking a nosedive….Jim …“, posted with vodpod

08
Jul
09

$20 oil by this fall?????

oil is crashing due to the goldman/hedge fund bets leaving the market again.

here’s larry k talking about potential $20/barrel oil, which would roughly equal sub $2/gallon gas vs. our $3+/gallon today…which would be nice.

i sold off all my USO (oil ETF) before last month’s oil rally ended…but plan to re-enter the big casino this fall/winter when we have our annual collapse/debt crisis.

great article on the paper oil-bubble:

http://www.forbes.com/2009/06/16/oil-commodities-energy-business-energy-oil-prices.html

from the blog: http://accidentalhuntbrothers.com/

11
Jun
09

ever wonder why gas prices are still above $2.50 even in depths of recession?

I live in WA state where regular gas (as of 6/10/09) is $2.95 gallon…of which 56% is taxes, which = $1.62 gallon….

gas_tax

from http://moneyfeatures.files.wordpress.com/2009/06/gasoline_map_4_2009-for-6-9-2009.jpg

19
Mar
09

oil finally rallying…

excerpt from article:

NEW YORK (AP) — Oil prices hit news highs for the year Thursday after a decision by the Federal Reserve to spend billions snapping up U.S. bonds sent the dollar tumbling.

Oil is priced in dollars and when the U.S. currency weakens, it essentially makes crude cheaper.

finally….our inflationary monetary policy is¬†pushing my USO oil etf investment back into the black.

here’s my original post about oil back in january

http://culturalcapitalism.com/2009/01/06/im-betting-on-oil-in-2009/




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