Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Friday, March 9, 2012

Gas Prices and US Dollar

The video below does a great job spoon feeding the rationale that gas prices are rising due to a weak dollar.  I do agree with this principal partly.  What the video misses is there is enough world demand to keep the prices high as the US consumption falls.  That is my entire theme on why natural resources will continue to rise for the decade ahead.

With exception of missing the point above, the rest of it is spot on.


No comments:

Post a Comment