we do not have the amount of oil needed to move the market. we have even less refining capability. all opec has to do is slow production. we need to reduce our consumption of oil. that will make oil prices meaningless.

oil is tied to the dollar at the moment. there is an effort to replace it with the euro. that would be disastrous for us.

silver is not going to replace gold in electronics. gold is used because it does not corrode and it has excellent conductivity. silver with a rhodium plate can be used, but it is more expensive to manufacture and does not have the same durability or conductivity as gold.

the notion that the value of the dollar changes the debt amount is false. the cola and roi are the problems and the answer.

ie. your electric bill is $200. you will have to pay $200. there is no discount based on the valuation of the dollars you use to pay that bill.



if the cost of living was to drop and the return on your investment was to go up, you would have more dollars to pay that bill with. leaving you more dollars in your pocket. but, you still have to pay the $200.

the problem today is that the cola has gone up and roi has dropped for too many people. leaving them with fewer dollars to pay for increasing prices.