Interview with Financial Sense 3-03-11
I appeared on the Financial Sense with Jim Pupalava program this week, to discuss the upheaval in the Mideast; Saudi Arabia’s ability to offset lost oil production from Libya; the decline of global oil exports; the ongoing problem of energy illiteracy in America; how the Fed and US policymakers are mired in denial and have backed themselves into a corner on food and energy; how 2011 is shaping up as a replay of 2008; the structural change in the global oil markets and oil prices; “American exceptionalism”; and the importance of hedging your investments against rising oil prices and a falling dollar.
You can download the show (20 mins) here: RealPlayer | WinAmp | Windows Media | MP3
Nice interview!
I especially agree with your statements that we as American are especially illiterate and exceptionally in denial.
Comment by Gail Tverberg — March 3, 2011 @ 9:34 pm