Wednesday, February 27, 2008

Hi Gas Goes Higher

Yesterday I paid $3.29/gallon for gasoline and it will only go higher as oil shot to a record $102/barrel. How can gasoline be so expensive when we are in a recession? Well, maybe because we need to buy fuel to get to work. I predict that you will pay over $4/gal for gas in 2009. Both food and fuel are rising and the dollar is falling, it hit a new low against the euro. In fact, gold is at a record high today.

The time they be a chainging, and not for the better. Gold keeps going up and the dollar and dow keep going DOWn. Gold up a third in 2007 and it is up 12 percent so far in 2008. Since 2000 the price hasd nearly quadrupled. You can't go wrong with the yellow metal, so go for the gold!

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