Thursday, May 29, 2008

It Is the Weak Dollar

Doc shares a little Good News

On Kudlow & Company the other night, the discussion jumped to the fact that it is the weak dollar that is killing us. Of course, Steve Forbes has been saying this for some time, but it did not sink in!

The comment was that oil was about $80 a barrel adjusted for the weak dollar. Still high, but it helps put the blame on the shoulders of this administration as well as OPEC.

It helps to have access to smart people... if I had to figure this all out myself, I would be in a world of hurt!


P.S. If the value of this observation (the problems of the weak dollar) is lost on you, I suggest you quickly run to the local bookstore (or drugstore) and pickup a copy of Forbes magazine.

Jeff 'SKI' Kinsey, Jonah
+1 330 432-3533

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