Even if there was an unlimited amount of oil there still will be peak production problems. At some point people will keep bidding up the price of oil for their manufacturing and transportation needs.
Cheap oil/energy has allowed for an unprecedented population growth just over the past 100 years. Cheap energy and cheap processed food can only help sustain this type of growth for a limited time.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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