August 14th, 2008 
ccurwick I observed an interview of Robert Kiyosaki this week in regards to oil/fuel prices and the long term forecast. Kiyosaki claims that the primary reason for our current oil price situation is the devaluation of the dollar. Oil is purchased in dollars and as the United States continues to print more dollars the value declines which directly results in escalating oil prices. There are obviously other factors that cause the price of oil to rise including demand and oil speculators, however, the primary culprit is the declining value of the dollar. Kiyosaki also says to enjoy the slight reprieve we’ve observed over the past couple of weeks because in the long term, if the dollar continues to decline in value, we can expect to see gas prices well over $6.00 or $7.00 a gallon.
Posted by Glenn Crawford of Project Liberty
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Point well made. Dollar has declined. One of major causes is that we have be siphoning money to Iraq war where the return is negative.
One more conspiracy theory to be aware of:
Do a google video search for a guy named Lindsey Williams. He was a chaplin on the Alaskan North Slope where a major oil discovery was found, and the “big boys” told the oil company that found the discovery to “keep a lid on it.”..
Interesting…
I also know first hand from a very knowledgable source that there are some major oil discoveries in Saudi that are “kept quiet” and don’t show up on any government reports..
So, the dollar has declined, China and India’s economies are exploding and becoming westernized, and the US Govt is keeping oil discoveries quiet…
Sounds like there is more upside to the price of oil to me..
So,
If anyone really wants to know what’s going on.. look at the 10yr Treasury Bond chart, or the 30 yr chart..
It is obvious to whomever is in the know, that as of about 2-3 weeks ago, that the deflationary scare is now “over” and the threat has moved to “inflation.”
Rates are going higher.. no doubt.. the FED is going to do whatever it can to mask this from the sheeple, but it doesn’t change that THE MARKET is saying that rates are going higher… and they are going higher due to inflation..
COMMODITIES are the place to be during inflationary times..
Gold and Silver are the classic inflation hedges, as is RE.. But RE still has the credit situation to work thru, so stay away from RE until the Credit situation get’s resolved..
But, Oil and Gas have seen their bottom.. Prices will stabilize here, while the Fed does what it does to mask inflation.. but as soon as the market calls the Fed’s bluff, Oil and Gas, and the whole commodity sector is going to SOAR!!
So, now is the time to invest in oil and gas properties, and physical gold and silver… wait for the market to call “chicken” before investing in any of the leveraged paper investments..
Just some comment from Some Guy..
I tend to agree with some guy that the price of all of these commodities he mentions indeed have reached bottom and will continue to climb in 2009.
Tbird