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Re: investing...throwing darts....
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Posted by davidgmills [Email] (more from davidgmills) on Fri, 13 Jan 2012 08:33:46 Share Post by Email
In Reply to: Re: investing...throwing darts...., Reality, Thu, 12 Jan 2012 17:34:26
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Shows how much the dollar has declined against the currency of oil, doesn't it?

But it is very difficult to buy and store barrels of oil, so stock in oil companies are the best substitute. Of course gold and silver have the same problem as currency. (But lots of gold and silver stocks appear to have been fraudulent whereas this does not appear to be true with oil stocks). And I guess the question would be, for comparison purposes, how much has the dollar declined in value against gold and silver since 2002?

But the thing about oil that is different than gold or silver -- you can actually use it for something necessary.

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