Good point about inflation. I think the US could have energy independence any time they want but feel the need to control the flow of oil in other parts of the world via military action or whatever. And control the flow of money. We could not just let the flow of oil overseas go anywhere and have nations gain strength and power from such independence. Peak Oil and Global Warming are 2 myths to deter oil independence. It's all under tight control.
I own these equities right now BAC, CLF, COP, CSX, CVH, CVS, FGP, FNFG, GE, MSFT, PLUG, QCOM, T, TEVA, UYM, VLNC. Plus a bunch of funds etc.. I am long. If I fear a plunge I may shift a percentage to one of my stable funds, that is basically cash. I only trade the more volatile stuff to try and make a quick buck....or a small fortune. |