Value Microcaps Motherboard

[roguedolphin]

My take on oil......Investing in oil is a great hedge against the monetary insanity going on with the US dollar.

I think there is more than a little correlation with the rising oil price and the extreme amounts of US$ dollars being sent all around the planet! No one has brought it up here recently in this oil "discussion".....but besides all the regular supply/demand issues bantered about, we have a commodity(OIL)priced around the world in US$ dollars.

This is the price we pay(..gouging LOL!) for the fiscal and monetary insanity.....

Blame Allan "Bubbles" Greenspan and others for the "gouging" going on in the "price" of Oil. Even if supply and demand were in pefect balance the price would still probably be steeply rising because of the huge supply of dollars being sent all over the world. It would even be much WORSE(higher priced for us) if oil was ever being traded with a currency other than the US dollar. I wish Milton Friedman could explain this better to us!

PSSSST..... By the way, a revaluation of the Chinese Remnibi relative to the US dollar should also result in higher oil/gas prices for us in the US.

Rogue