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The Water Cooler
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Gas Prices!
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<blockquote data-quote="doctorjj" data-source="post: 1426025" data-attributes="member: 7292"><p>IMO, the cause for the recent rise in oil and gas prices is primarily due to the erosion of the value of the dollar, which is a process that is likely to continue, and to a commodity bubble due to speculative spending spree by big players in the market who have been heavily funded by "free" loans from the Fed. It's not just the price of gas and oil that is up. There is no way the earth is suddenly and simultaneously short of oil, gas, corn, soybeans, cows, hogs, aluminum, copper, silver, gold, palladium, platinum, sugar, etc, etc.</p></blockquote><p></p>
[QUOTE="doctorjj, post: 1426025, member: 7292"] IMO, the cause for the recent rise in oil and gas prices is primarily due to the erosion of the value of the dollar, which is a process that is likely to continue, and to a commodity bubble due to speculative spending spree by big players in the market who have been heavily funded by "free" loans from the Fed. It's not just the price of gas and oil that is up. There is no way the earth is suddenly and simultaneously short of oil, gas, corn, soybeans, cows, hogs, aluminum, copper, silver, gold, palladium, platinum, sugar, etc, etc. [/QUOTE]
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