Scary trend

I am trying to be optimistic, but this chart is really scary. How can the economy remain strong with 9.8% unemployment and gas prices trending steadily higher (click on the chart to enlarge it)?

This price pattern will continue until people cannot afford to buy gas anymore. Only an economic slowdown will force prices to stabilize as they did in 2009.

The problem is that with the economy gaining momentum, the odds favor higher gas prices. This is an important trend.

George Dagnino, PhD

Editor, The Peter Dag Portfolio. Since 1977

Ranked second best gold timer by Timer Digest

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