Re: [Dems2008] Re: Crude oil just under $120 bbl

Opinions and/or good info on gold and the gold/oil ratio, Ci?
I really know nothing about it and trust your opinions on that and anything it might indicate.

 

Trade balance issues  . . . that's just another thing that will only upset the richest and most powerful.

citation502 <citation502@yahoo.com> wrote:

Debate over whether a president has any control over the economy rages
on and on: but when a third of the price of oil (easily) is a function
of the direction of the U.S. dollar, you can fault an administration
that has persistently followed a weak dollar policy (and talked
precisely the opposite) and credit an administration that actually
strengthens the U.S. dollar...............not to mention that a low
dollar only raises the costs of imported goods to all of us.

--- In Dems2008@yahoogroups.com, Citation <citation502@...> wrote:
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