Friday, January 06, 2006

Gas Prices Up--One Guess at the REAL Reason

You may have noted that gasoline costs more lately--and you've heard all that stuff about Katrina, the Russkis, the Iraq War, yada yada yada.

Ummmnnnnnhhhhh.....

Why don't you take a good look at the value of the USDollar for a change? Arabs are not exactly stupid: they've been trade-merchants since approximately the year 2000 BC. Just possible (possible, mind you) that they perceive the USD to have less value than it did in, say, 1977.

Look it up.

2 comments:

  1. Ummmm... Don't you know that the real reason gas prices are up is because President Bush and his oil cronies are still letting people cruise around in SUVs. Duuhhh.

    Sheeesh!

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  2. One needs only examine the price of gold since 4 years ago to determine that the USD is in deep doo-doo.

    News today is that PRC wants to "diversify" its foreign reserve holdings--meaning a Dollar Dump is coming.

    Hold on to your hat.

    ReplyDelete