Peak Oil and Gold

[GoldNugget]

Life During War Time - By Dan Denning posted at dailyreckoning.com

As oil rises in dollar terms - whether from
geopolitical tension or the growing realization
that Peak Oil is real - the run on the dollar
will grow. Hard assets like gold won't just be
fashionable: They will be indispensable to wealth
preservation.

Soaring gold and oil prices will be accompanied
by soaring interest rates and inflation. The
convenient fantasy world where prices don't rise
and the dollar doesn't lose purchasing power will
collapse. One day, Americans will wake up and
find that the money in their wallets buys
three-quarters or half as much as it did the day
before. The dollar will have lost status. America
will have lost power. And in the new world that
emerges, possession of energy, not a printing
press, will be the key to wealth.

[delkulara]

Sorry,I just dont follow doom on America bable predictions.[period]
Those that spew them,know little of anything NOBLE
& nothing at all of golds true nature.

Oil can be replaced with other options,unlike gold(a rare planetary element)