Oil MIGHT not finish up by the time we're still alive but the prices will be very high. Prices are increasing now and it's gonna keep getting worse.
Also, you have to consider that a war might take place (not necessarily WW3), and in that case oil will be used even faster.
I would bet one million dollars I don't have. The rise in gas prices has nothing to do with oil shortages. It's just the greedy ass oil companies doing it so they can make more profit. Look how quick these oil prices have gotten up. You're saying that's due to all the oil we've used only in the past few years? It's just all about money.
It's because of emerging countries. For example China, car sales grew this year 33% same as the year before. Yes the regular stocks should be avoided, it defiantly on what the FED does, if they try to re inflate the housing market and stabilize all those CDO's gold & oil will do very well because the consumers debts have been inflated away so now they can continue to spend without paying back debt as much. If the FED screws up their re-inflation then we will have deflation and a depression which would see gold and oil fall in demand and price. I don't think that will happen, I think they will successfully re inflate as they have done since all crisis since they went off the gold standard.
It's because of emerging countries. For example China, car sales grew this year 33% same as the year before. Yes the regular stocks should be avoided, it defiantly on what the FED does, if they try to re inflate the housing market and stabilize all those CDO's gold & oil will do very well because the consumers debts have been inflated away so now they can continue to spend without paying back debt as much. If the FED screws up their re-inflation then we will have deflation and a depression which would see gold and oil fall in demand and price. I don't think that will happen, I think they will successfully re inflate as they have done since all crisis since they went off the gold standard.
I am glad you are now speaking more in hypotheticals instead of making ominous predictions, but when you say avoid regular stocks, I still want to know the time frame you are talking about. For example, if I put money in the market for one year starting from today, and make more money than putting it in gold, will you admit that you were wrong?
kamebazooka please, how can ATA be wrong ? He can never admit to such wrong doing - He thinks he`s a GOD and so thinks he`s always right.
kamebazooka please, how can ATA be wrong ? He can never admit to such wrong doing - He thinks he`s a GOD and so thinks he`s always right.It's because he still has his head shoved soooooooo far up his ass that the oxygen just can't get to his brain ------
He's delusional!
