FORGET GOLD...
THE NEW COLOR OF THE CANARY IN THE MINESHAFT IS BLACK...!
OIL IS THE NEW "BLACK CANARY" IN THE COAL MINESHAFT NOW...
THE BIG OIL SPIKE PRESAGED THE GREAT COLLAPSE OF 2008...AND IT MAY BE THE THING TO WATCH GOING FORWARD...
OIL IS FLIRTING WITH $90...AND GAS IS MOSTLY AROUND $3 PER GALLON IN THE US NOW...
AND THAT IS THE DANGER ZONE...THAT COULD SIGNAL THE NEXT LEG DOWN IN THIS DEPRESSION...
OIL ABOVE $90...FOR A LONGER TIME...COULD BE THE NEXT SHOE TO FALL THAT WILL MOVE THIS ZOMBIE ECONOMY TO THE NEXT CRISIS...
MY HUNCH IS THAT THE WHEELS START TO COME OFF WALL STREET...WHEN OIL HITS $93...AFTER THAT...HEAD FOR THE HILLS...
AMERICANS SIMPLY CAN NOT TOLERATE GAS AT $3.25 OR MORE...PANIC SETS IN VERY QUICKLY.
