Wednesday
Worried about the falling value of fiat (or cheering for the rising ‘price’ of gold)? Don’t be. Something far more imminent to worry about is the rise in the dollar price of oil. It is an incipient rise so far, but the trend is ominous. Nothing will collapse our feeble economies faster than a surge in the price of oil – particularly the Australian economy.
I’ve used the five year graph…
