I think oil will be a good investment. I would wait for a bottom of $45 USD and then buy buy buy. The games that the west is playing with Russia is the root cause of this supposed 'glut'. Fact is there is no more of a glut now then when the price was at its high. Some serious money to be made off of crude.
Global economy is collapsing. After Oct. 2015, this will accelerate. There is an excess of supply in everything.
Massive deflation on the way.Yes. However governments will print enormous amounts of fiat to counteract that deflation, whatever it takes. Because they cannot allow their own sovereign debt to increase in real terms or they will soon find
100% of tax revenue is needed for interest on their debt. They have shown time and again that they will print, stealth-taxing their fiat holding public, to service their own debt first. That is the only choice of default that governments take.
Collapse in fiat means Bitcoin, and gold, UP.
The States of the USA and the municipalities of Germany for example, by law can not print.
Europe is adopting a combination of austerity and monetary easing.
The plan is to confiscate all the pensions and savings to fund the socialism. This is massively deflationary.
Sorry the hyperinflation nonsense is so old. Haven't you guys caught up in your learning process by now? You are where I was at in 2006 in my understanding.
Gold and Bitcoin will go up because of a flight to private assets to escape confiscation, not because of monetary easing. But in the end game none of these will escape taxation. Maybe Gold will if you never sell it again for fiat, you can polish it daily for your ROI. Cash black markets will disappear because the new fiats will be all electronic. Electronic real-estate ownership databases will be created. The socialism will track down every asset.
There is no anonymity. The socialism is in control. Taxes will increase. Confiscation will increase. Down the abyss we go.