"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Monday, March 12, 2012

CHINA BUYING OIL AS A HEDGE AGAINST THE FED'S RECKLESS MONEY-PRINTING POLICIES

[CHINA POSTS ITS ] ... second consecutive record high in monthly crude imports... Which in turn when considering the huge selloff of US Treasury paper by China in the last few months, indicates that the world's fastest growing economy no longer has an interest in taking its export dollars and using them to fund purchases of US paper, but is in fact converting US fiat into real, hard goods. Such as crude (for all those curious where the marginal demand is coming from that is). 
THE SURGE IN DEMAND FOR OIL IS A HEDGE AGAINST HE WEAK DOLLAR .

THE WEAK DOLLAR AND THE SURGE IN PRICE OF OIL IS A RESULT OF THE FED PRINTING TOO MUCH MONEY, AND THE FEAR OF THE INEVITABLE OUT-OF-CONTROL INFLATION THAT IS ALREADY BEGINNING AS A RESULT.

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