Wondering what is going on with the dollar rallying under such bearish
circumstances? Why is Gold rallying with the dollar? Well the cat is
apparently out of the bag Exxon apparently won a freeze on Venezuelan
Assets .
Chavez
"WILL"retaliate, no doubt about it. Most likely he will cut oil
supplies to the US, that is why Oil shot up $3.00 a barrel today in my
opinion. We import approximately 15% or more from them. Back in 2005
the article below gave an analysis from the GAO of the impact of such an
event. http://www.msnbc.msn.com/id/6
826081/
Venezuela is aligned with IRAN. THAT'S
what's been going on with the propping up of the US Dollar and a freefall
is possibly much closer than people think. It look like a full blown
Financial Crisis is HERE and very REAL!
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