What? No...
Gas prices went to about $150 a barrel and now they are going to go down to $50 a barrel according to what the man was told by the oil company elite. They have dropped by $50 a barrel in the last 3 weeks. He said within a short amount of time (a few weeks) of gas hitting $50 a barrel, the dollar will collapse and the Amero will be introduced.
Maybe you should listen to what was said again.
Hello HisdaughterJen,
Err...if oil is priced at $50 that would mean the dollar has strengthened significantly. The recent propping up of the dollar and the unwinding of leverage deflating the dollar has meant that oil has lost some of its attractiveness as an inflation hedge as well which has put pressure on prices. Gold and silver is also dropping for the same reason. I frankly don't understand this conclusion of a dollar collapse when the currency has gone up in value.
Upvote
0