Saturday, September 13, 2008

The Greenback And The Commodities Prices.

Great article about the effect of the weak greenback on commodities prices, read it here.

It's not the speculators who drive the commodities prices it's the weak USD, Feds will not like to hear neither their media spinning doctor will report about it. From the tech bubble to the current housing bubble Feds hot "helicopter money" had cause the entire world on the verge of sinking into a great recession if we are lucky, if not depression will visits us.

Years of pumping hot USD money into the markets to keep the "bubble afloat" or from busting had cause commodities price increment, causing a double digits inflation figure, visiting almost to every corner of the globe.

The biggest culprit for the commodities price increased pass few years or months it's the weak USD make through indiscriminate wholesale printing by the Feds to save it's cohorts at Wall Street. The only way to end this serious problems it's decoupling or ending of the USD as the world reserve currency and replacing it with another currency/currencies which must be back by a gold standard.

USD avoid it at all cost instead Buy Gold!







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