Why can’t this happen to oil?
RE: Why cant this happen to oil?
It IS happening to oil as well. Crude Oil is now BELOW $100/barrel as of this writing !!
Almost all commodities ( Gold, Food Inputs, Coal, you name them ) are TANKING.
Go to this site and see for yourself :
I think it is. The last time I put gas in my car, about 10 days ago, it was $3.88/9.
Today it was $3.69/9.
That’s progress, right?