Quote:
Remember that oil is priced in US dollars, and if the dollar keeps falling due to huge deficits generated by Congress and ultra-low FED interest rates in order to prop up the investment banking system, there is no telling how high oil can go.Originally Posted by UnlimitedAkro
I hear what you are saying, that if you look at the trend oil will eventually reach $200..... but I dont believe oil will make it to $200. From what I am hearing from various experts, it cant happen...