Forum Discussion
cekkk
Mar 10, 2013Explorer
SRT wrote:
Gasoline prices are down another 2ยข a gallon. Coming down almost as fast as it went up. But I still feel violated as I feel we have been taken to the cleaners again. Oil is at $91.87 this morning. Pretty soon the dollar will be worth only pennies as the Fed keeps printing money. And us retirees will have less money to spend on fuel.
Yet, gold, having doubled since '08, continues its two-year drop, flying in the face of Bernanke and Himself's assault on the economy. Makes me wonder what a fair price in US dollars to pay for it is. I'd guess around a thousand.
As for expensive gas as opposed to cheap oil, it's no coincidence that it too has doubled since The Great Mistake. It's difficult to control a mobile population. If something isn't done to stop the madness, we ain't seen nothing yet.
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