LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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Gas here where I live in southern Oregon is now up to $4.20 per gallon. The explanation being given from the propagandists is of course the hurricane Isaac and the burning down of a refinery. All the petroleum produced here in the United States is being exported and what we are seeing with these gas prices is nothing more than a further assertion of the power of the corporate aristocracy.
If you look at the mainstream propaganda machine you can plainly see that the elite are no longer attempting to fool us, now that they have declared themselves the aristocracy. When you hear the messages coming from the so called media, they are nothing more than the elite speaking to their own.
https://http://fromthetrenchesworldreport.com/qe3-for-you-and-me/20421/
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I am calling for OIL to hit the 150 ($6 to $7 dollars at the gas pumps) or better possibly by the end of the year or with in the first quarter of the new year... GOLD heading to the 3000 and even the 5000 area...while at the same time the US dollar looses its purchasing power...MASSIVELY!!! - I really dont beleive that there will be food shortage when the crap hits the fan.... the issue will be that no one will be able to aford it!!!!!!
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