Could the United States ditch its dependence on foreign oil by 2020?
No way, not with the leadership we have, and the never-ending, me-first haggling of both major parties. Hubris, self interest, reelection posturing and financial self-interest all enter in. It is enough to make one sick.
If not America, where then? The answer is Sweden, which is one of a number of reasons I have been advising purchase of the Swedish krona through CurrencyShares Swedish Krona Trust (NYSE: FXS). I have taken a substantial position in this exchange-traded fund (ETF) myself, and will continue to add to my holdings. Read