get ready for masssive inflation.
The administration and environmental extremists continue to assault the oil and gas industry, with the latest being an effort to list a three-inch lizard as endangered. Huge swaths of oil and gas lands are at stake in west Texas and NM.http://www.rightsidenews.com/2011042613367/life-and-science/energy-and-environment/three-inch-lizard-to-shut-down-oil-and-gas-operations-in-texas-and-new-mexico.html
Real inflation = Consumer wallets stuffed with cash, wheelbarrows full of cash, consumer spending out of control.We don't have inflation, we've got stagflation.Stagflation = Consumers are poor, but commodity prices are artificially high.That causes demand destruction and will lead to a commodities crash. Last time (just 2+ years ago) oil plummeted to $33 and silver to $8.xx