Ex-Shell president sees $5 gas in 2012

Posted: December 28, 2010 in Current Events, Economic Views, Federal Reserve, Financial Survival, Gold, Investing, Ongoing Criminal Activity, Precious Metals, Silver

Ex-Shell president sees $5 gas in 2012 and unfortunately I agree.  Of course I do not think economic fundamentals will take gas to $5, I think Helicopter Ben’s easy money policies will take gas to $5.  In fact I believe oil will hit $150 in 2011. 

Inflation for items we need ie. food, energy, healthcare and education is here, you need to prepare.  Lets hope we only see massive inflation and not hyperinflation.  There is a real possibility confidence in the US Dollar is completely lost next year or 2012 at the latest, if this happens we may see hyperinflation.  I think the majority of our readers have been preparing, if not don’t wait, start now.

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Comments
  1. […] next year.  I am expecting a big year in oil.  I would not be shocked to see oil at $150 in 10 to 12 months.  The dollar will continue to fall, we have not built a refinery since the 1970′ s and […]

  2. […] forward we can expect momentum to accelerate.  Products such as food, energy, healthcare and education will explode higher.   Food prices in all likely hood will go […]

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