Originally Posted by
forgot to bid
You ever see the movie the Boiler Room with Vin Diesel? Predictions about where things are headed when tied to a product remind me so much of that movie and the phony companies brokers pushed on their clients so that someone could make a buck. I don't trust anyone's predictions and you shake your head at those so desperate for attention they call for $200, $300, $500 oil! Whatever will get their article linked and accumulate hits.
This sorry economy can't handle $150 oil. Can't handle $110 right now. Once it hits that point supplies, unless tampered with or someone promotes a get rich unfounded scheme of peak oil, will increase and prices will fall.
FTB,
I agree with you. But the pure thought soured my morning.