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Message Subject Something is up!!! Repudiation of the dollar!!! Its started!!
Poster Handle Saddletramp
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For those who have been paying attention to what is going on-this will come as no shock! Repudiation of the dollar has begun and is taking off! The way I know is that the price of gas is always the first indicator!! Gas has risen more than 60 cents in just the last 2 weeks! Here's the shock it has risen 14 cents in just the last couple of hours.... The looks like the dollar death is happening rapidly... I suspect it started in earnest when the Chinese announced OIl for Yuan!!! This may be it for the dollar!!
 Quoting: MaxMad


The fact that nobody is even talking about how much gas has gone up, is a clear indicator that nobody knows really why... And that is scary cause that means its the dollar thats being repudiated!
 Quoting: MaxMad


Gas has gone up because Oil has been at $95.00 per barrel since the first part of January...

Oil is up $10 in the last two months...
 Quoting: Saddletramp


I agree.. But thats just a bit over a 10% increase in 2 months... The gas in my area is up over 40% in 2 months..
 Quoting: MaxMad


But notice the spread between Diesel and Gasoline has shrunk...

For over a month the entire increase in fuel prices has been laid off on over the road haulers, but now they are probably beginning to see some inflation from that, so they are shrinking the disparity between Gas and Diesel and now the consumer is paying at the pump instead of the shelves at Walmart...

They do this with food prices as well...they go up one time, then the next time they shrink packaging, then the next time the go up again...simple psychology, get you used to it in increments...

And I agree with you that the dollar is losing value at a staggering pace, but I don't think the end is here...yet.
 
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