Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: Payroll report pitiful...gold/silve... split

Mornin Pic. I am looking at the price action in oil and finding it very curious. We are moving into the summer increase in gasoline consumption. We are watching as the administration halts exploration and dampens new drilling. At the same time the administration is starting its media campaign for cap and trade again. And yet the price of oil is curiously trending low.

The global economic health has taken on the look of an over burdened camel. I am getting the feeling that energy will be the proverbial straw that breaks this camel's back. I am getting the idea that the pupet masters need one more BIG crisis and an explosion in energy cost could do it. It would not suprise me in the least if we see a 25% increase in energy by Winter. This kind of rise would do significant harm to employment, cause prices of everyting to increase, break fragile household budgets, increase unemployment, increase the price of cheap imports shipped overseas. It could be the final trigger that leads to hyperinfltion.

It would fit the pattern if this energy crisis is planned, that "they" would do everything to keep people from trading their toilet paper for money. Real money would protect people and I am tending to believe that "they" don't want a middle clase. They want a class of elite (bankers, politicians, and the super rich) and a class of workers living just above subsistience and dependent of the government for more and more.

Does anybody but me get the feeling that if there isn't a big crisis that springs up soon, that there will be one created?

Share
New Message
Please login to post a reply