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Thu Jul 24th 11:05 AM
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Peak Oil as a Direct Result of Misallocation of Funds

As I said before, "don't cream your jeans just because oil is down to $127. IT WILL rise to $180 by year's end and $200 by next summer. It's laughable watching the "money" guys on cnbc cream about the drop in oil and how the DOW gained about 400 points in a few days!!! WHOOOPEEE DOOO - IT WON'T LAST. We'll see the DOW down to about 10,200 by December or January.
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Fri Jul 18th 10:52 AM
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The Oil Bubble Will Meet the Same Fate as Tech, Housing

wishful thinking mr. schwarz and to most people on this post who agree with him!! oil could go another 20 bucks lower to $110 the next 2 weeks, but you know what? - it will soon be back to $140 and keep rising. I'm of the school that oil will hit the $200 mark by next summer. I don't like paying gadzillions at the pump either, but if you want to stay in an investment for the next couple of years, oil is it. it truly won't go on a more permanent decline any sooner than that. notice i said "more permanent decline". it's funny watching cnbc and other financial shows getting their panties wet cuz oil just dropped $15 in a week. get ready $250 oil baby - i'm just sayin.
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Peak Oil as a Direct Result of Misallocation of Funds

The Oil Bubble Will Meet the Same Fate as Tech, Housing

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nebulae

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Peak Oil as a Direct Result of Misallocation of Funds

The Oil Bubble Will Meet the Same Fate as Tech, Housing

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