Arab Times :: Better to sell your dollars and buy oil

This is the current advice being offered to the citizen in Kuwait by this
Arab site.
http://www.arabtimesonline.com/kuwaitnews/pagesdetails.asp?nid=13094&ccid=12
The only error i noticed is the price of Gold is now $978, Silver is @ $18
plus and the dollar is just over 73 and has been falling for a week.
And as we all know $102-3 is where oil is roosting but it may fly out of
money tree but the ground would still be in the mid nineties.

So in Kuwait it is dumping dollar week and all of those dollars will
eventually end up in a warehouse near you. Which means... way too many
dollars and that translates as less and less purchasing value for us brave
shoppers.
So take the Arabs advice and buy some other form of liquidity.
Their is the inspirational story of inflation in 1923 Germany and the lady
who became so desperate to save something as the Mark continued to fall that
she went to the hardware store and bought what was left on the shelves: Hand
painted chamber pots.
So the moral of this folksy is shop early.

And why is this happening? The list is long and getting longer which means
it is not going to turn around and come back up the hill.
First the dollar is considered the world reserve currency which translates
as big time economic clout. This came about in 46 when they had the Benton
woods currency conference. And the U.S. had ALL the chips on this side of
the table. And if you wanted oil you had to have dollars to buy oil. But no
more.
And the U.S. is now a world debtor nation big time so diminishing the value
of the debt to foreign nation by paying off the debt with dollars of less
value seems like a slick trick on the part of the U.S.

The catch is those guys are begging to dump dollars and the money will be
worthless before the game can be played out.

And we in the Empire are experiencing inflation when we try and buy
necessities.

Then their is the wars which are coming out of our pockets in $$$. The
current estimate is from 2 to 5 trillion dollars.... that is not billion
dollars.
Their will be no social services, pensions, health care or infrastructure
repairs at any level with debts like that.

And again, Will the new administration be able to respond to this tsunami of
a financial disaster?
Do turtles sleep on there back?

And of course i am over stating some of the issues by giving them all the
same depth of significance but the sense of urgency is what i am trying to
convey to you.
So again, take the advise of the Arabs...and run for your economic life!