Saturday, April 07, 2012

Blame the Fed!


Note the price differential.  The biggest driver of oil prices is none other than the debasing of the dollar.  So much for "price stability".

1 comment:

Hershblogger said...

This is why Ben Bernanke calls gold a "barbaric relic." It can't be printed.

The real problem is, of course, "speculators" in oil. They never speculate in gold.