Tuesday, October 6, 2009

OIL PRICED IN EUROS....NOT DOLLARS!!

A CURRENCY AS UNSTABLE AS THE DOLLAR...WITH THE FED LITERALLY A CAPTIVE OF WALL STREET SPECULATORS...CAN NOT BE THE WORLD'S RESERVE CURRENCY...

OIL IS SOARING ON THE WEAK DOLLAR...

BUT SO IS THE DOW...SO WALL STREET IS NOW IN THE WEAK DOLLAR CAMP...

WHY...? WILL $100 OIL HELP THE US ECONOMY... WELL NO...BUT THE US ECONOMY IS A ZOMBIE AND IT AIN'T COMING BACK ANYTIME SOON...

WALL STREET IS STRICTLY PLAYING THE FED HYPER-INFLATION GAME NOW...

BERNANKE WILL BE THE LAST FED CHAIRMAN...THE INSTITUTION OF THE FED SIMPLY WILL NOT SURVIVE THE COMING SCANDEL...AND HYPER-INFLATIONARY COLLAPSE...

GREENSPAN WAS BAD...BUT BERNANKE FINALLY DROVE A STAKE INTO THE HEART OF THE US ECONOMY...