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Oil Crosses $50 Raising Inflation Fears

May 8th, 2009 | By Contrarian Profits | Category: Notes From the Investment Underground

Another sure sign that inflation is a clear and present danger is the recent rise in oil prices. Wednesday, crude oil set its 2009 high at $54.83 in New York intraday trading.

Tags: Bull Markets, Carolin Mines, Crude Oil, Eagle River, Global Economy, Gold Bugs, Gold Explorers, inflation, Lincoln Resources, Oil Prices, Price Of Gold
Posted in Notes From the Investment Underground | No Comments »

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