A diary of the thought process behind my investment decisions
Be Careful What You Wish For: Part Two
The CRB Index is testing a two year high now. Americans will soon be paying more for everything, but don't worry this is a good thing. While Ben Bernanke has yet to be right about anything, he is due.
2 comments:
PJ
said...
Heh. Yes, zero interest rates and QE will give the banks plenty of opportunity to buy oil and store it offshore, and maybe we'll have another 2008-style oil price shock in the midst of the coming recession.
2 comments:
Heh. Yes, zero interest rates and QE will give the banks plenty of opportunity to buy oil and store it offshore, and maybe we'll have another 2008-style oil price shock in the midst of the coming recession.
At least he'll stimulate OPEC.
My feeling is that a lot of people are starting to recogonize this. I have been shorting the hell out of SGG lately
Post a Comment