Oil prices per barrel rise between $15 to $20 in response to U.S. financial policy and maneuverings anticipating a devaluation of the dollar. OPEC sees the dollar as near toilet paper in the upcoming future. Meanwhile the Euro gains 4% on the dollar in a single day on September 22, 2008 …the most since the inception of the Euro in 1999.
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My suggestion is invest in gold, Euros, or the Paulson Credit Opportunities Fund (Paulson & Co. Inc.) since he just made $3 to $5 billion on the sub-prime mortgage crisis. The other Paulson is making all the major decisions on the U.S. economy, while the Paulson Fund is bringing in investors from Europe, and has Greenspan working for it.
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Paulson has the likes of billionaire George Soros courting him and Peter Soros his brother also invest in his fund. Greenspan is one of the most astute on global financial markets and he is advising Paullson.
Amazing 60% gains for Paulson’s fund in a single month (February 2007) also come with occasional monthly losses of 3 to 5% (miniscule in proportion) so be in it for the long term and have some intestinal fortitude so as to not unecessarily panic. I’d rather put my money with the international bankers, merger titans, and guys pulling political strings on the economy than anybody else.
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Paul F Davis – worldwide speaker, author, and prophet
