PROTECTING ASSETS FROM THE NEXT OIL-GAS SHOCKThe 21st century war for oil is having an impact on the value of the dollar, the Dow, inflation and gold. The middle East is a powder keg with a lit fuse that could blow any day.
"The current volatility of world markets is due to the ongoing threat of oil-targeted terrorism. Osama bin Laden recently called his loyalists to flock to Sudan and cause disruption by blowing up Saudi oil fields. We could see prices spike to $250/barrel oil and $10/gallon gas prices if a major refinery is hit," says author and CEO, Craig R. Smith.
"Oil prices may soon reach $105 per barrel", says Goldman Saks.
Crude oil, gasoline and heating-oil have surged to record highs recently on signs that U.S. refineries lack capacity to make enough fuel.
"Unless we break the "Black Gold Stranglehold" of the Mid-East oil dependence, prices could double again as growing global demand continues to outstrip our supplies of refined oil and gas, says author and CEO Craig R. Smith.
It's a simple supply-demand issue: China and India are sucking up the world supply...which drives prices up... fueling higher inflation... which threatens to crush your investment strategy, unless action is taken now!
Another 1970s-style oil crisis would create economic and political discontinuity of historic proportions, as the world trys to adjust to a new energy environment and it's economic impact.
For example, Merrill Lynch reports that each 1-cent rise in gas prices sucks $1.3 billion a year from consumer spending. Do the math! At $3.00-a-gallon gas prices are one dollar higher than last year, that's $130 BILLION gone from American wallets!
Oil shocks create higher inflation. Sadly, tens of thousands of investors will watch like a deer in the headlights as their hard-earned savings are devoured by a deadly combination; 1) rising inflation 2) a slowdown in economic growth and 3) a falling U.S. dollar.
Get ALL the facts about WHICH ASSETS will grow during the next oil crisis in our Special 8-Page Report: "$5 GAS COMING SOON?"
http://www.swissamerica.com/oilshock.php?tcode=SAOilShockjohann67
Logged
