from Gold Silver Worlds:
Let’s start right away with our conclusion. Crude oil and silver prices have crashed before, and they will again. But the one constant in our financial universe that seems inevitable, for the foreseeable future, is increasing debt. Longer term, crude oil and silver prices will follow increasing debt.
Examine the following chart of monthly crude oil prices. In the past 26 years crude oil prices have crashed 65%, 59%, 54%, and 76%. The current crash is about 51% so far.
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