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60 comments on A Dollar beyond the eighties

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Will Stewart on October 1, 2007 - 7:58pm Permalink | Subthread | Comments top

And so we leave the Age of Cheap Oil and move into the future with Stagflation.

With no cheap energy source to bail us out.

Any predictions on when we will pass through 70? 60? The runaway subprime train has only struck with the first car so far; the rest of the train continues to bear down in slow motion...

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Luis de Sousa on October 2, 2007 - 2:32am Permalink | Subthread | Parent | Comments top

I don't like much making predictions on prices, especially now that the downward trend seems to be accelerating. Wait for the dust to settle and see if a new channel is divisible.

Now that the Dollar crossed all previous support lines it’s anyone’s guess were will it stop, but bear in mind that as it goes down the pressures behind the secular trend will fade away.

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