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Van Eeden says high oil price due to Fed policy

Posted on 31 May 2008 with no comments from readers


Gold analyst and investment expert Paul Van Eeden defends his view that current high oil prices are all down to the Fed and its loose monetary policy. I can only fully agree, and wish I had taken his advice on buying bullion a year ago when we met in Dubai. Van Eeden is a tough South African intellectual with a no-compromise approach to economic theory and sticks to his guns. He is right on this and right on precious metals, and particularly junior gold stocks which he champions.

Posted on 31 May 2008 Categories: Oil & Gas, Video Channel

no Comments posted by readers:

Comment by I - 31 May 2008

Pure Symphony, way to go Paul.
Historical analysis over the last 1500 years shows that every fiat currency attempt has ended in a blow up, and probable civil war. The issuers ALWAYS get greedy, make unsustainable promises, and CURRENTLY become blatant liars on EVERY gov’t statistic/promise

This is a detailed analysis of statistics re-based to reflect true reality, and holds very worrying prognostications

Comment by eric holden - 31 May 2008

Correct, I, we get tired of fake heads from the gubermint.
The USofA is going down the crapper, – fast.
Got a big ranch and lots of fire-power, bring it on!

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