Monday, December 28, 2009

Outlook for 2010

We still have a double-digit unemployment rate and our gov is like a drunken sailor spending money. For the dollar we see a multiyear decline in the days to come. Sadly, our gov will keep running the printing press.

OK oil is now $78, but it will go over $100 next year. There is a supply reduction due to peak oil in 2005, as well more demand due to china, which equals an increase in price.


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