Protection from oil-driven inflation

Crude oil prices topped $147.50 a barrel on July 11, 2008 . . .
a level never before seen. Today's oil shock is having an impact on the value of the dollar, inflation and precious metal prices.

"If Israel attacks Iran expect $200 oil and $1,100 gold overnight. The Iranians will shut the strait of Hormuz instantly and 25% of the world's oil will stop flowing," said author and Swiss America CEO Craig R. Smith.

"Unless we break the "Black Gold Stranglehold" of oil dependence, gas and oil prices could double again in the next 5-10 years as global demand outstrips our supply of refined oil and gas," says Mr. Smith.

"If government wants to bring the price of fuel down they should fast track legislation to open up our domestic sources of oil such as ANWR, the Great Basin, the Outer Continental Shelf, and the deep waters of the gulf," Mr. Smith told WND.

21st century commodity boom

Oil shocks create higher inflation. Sadly, millions of investors will watch, like a deer in the headlights, their hard-earned savings be devoured by a deadly combination of. . . 1) rising inflation 2) a slowdown in economic growth and 3) a falling U.S. dollar.

It's a simple supply-demand issue: China and India are sucking up the world supply... which drives prices up... fueling higher inflation... which threatens to crush your investment strategy, unless action is taken now!

Another 1970s-style oil crisis would create economic and political discontinuity of historic proportions, as the world tries to adjust to a new energy environment and it's economic impact.

"The current volatility of the oil and gas markets is due to falling refinery output and the ongoing threat of oil-targeted terrorism. We could see oil prices spike to $200/barrel if a major refinery is hit," adds Mr. Smith.

"With oil prices headed into uncharted territory, gold will not be far behind -- especially now that the psychological $1,000-an-ounce ceiling has been lifted in 2008. After a healthy 20% correction, gold is now set to make another run well above $1,000 in 2008," Mr. Smith explains.

FIND OUT WHY GOLD PRESERVES WEALTH during an oil crisis in Mr. Smith's FREE Special Report: "$10 GAS COMING SOON, UNLESS" -- PLUS his 2008 newsletter, "GOLD: The Next Stage" and "GOLD 101" DVD.


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