Friday, March 20, 2009

Oil Back Over $50 per Barrel

The April crude-oil futures contract soared 7.2% yesterday on the New York Merc to finish at $51.61 a barrel.

Inflation is back, and in time it will escalate to unprecedented levels. You can't print money the way Bernanke is and think the money is somehow not going to have a major inflationary impact.

No comments:

Post a Comment