JP's Been Wrong A Lot....Re: Fuel Prices, Dollar...

Why would Tyhee want to lock into current fuel costs when the price of oil may well be down to $10/barrel in the next several years.

I know, I know..Puplava and friends say it's going much much higher. But Baires and Dan Arnold are not so sure about JP's forecast (s).

Jim Puplava's forecasts' from early this year are just not panning out. For example, we're nowhere near Dow 18,000, or a much lower dollar, or high energy costs.

Sorry, so far Jim's just wrong.

Now we have Marc Faber saying China is lying about its growth rate. He says it's probably much lower, ~6%.

Nevertheless, I agree that, in the face of low oil and a strong dollar (plus the famous manipulation), gold is holding up reasonably well.

Cheers,

Baires