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post #4 of (permalink) Old 04-20-2011, 01:44 AM
Meatball's Dad
nycstripes's Avatar
Join Date: Aug 2003
Location: NY
Posts: 2,752
What libs aren't pointing out is that with speculation the reason that they're running to commodities like oil/gold is that US Monetary policy is forcing investors to look at other options aside from the US Dollar.

With Obama's financial plan that is gutting the value of the US Dollar on the world market, things like oil/gold are more desireable. If the US Government didn't print money with nothing backing it and the continual borrowing of foreign currency to keep us afloat, its a no brainer that investors don't like the future prospects if the US Dollar and invest their money in commodities.

Strenghen the US Dollar and the cost of the commodities will drop....

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”Fathom the hypocrisy of a government that requires every citizen to prove they are insured…but not everyone must prove they are a citizen.”- Ben Stein


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