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Old 11-15-2012 | 07:26 PM
  #11  
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Originally Posted by Ekpt40
If this M.E. event escalates it may be really soon.
Oil will skyrocket(200USD/bbl overnight),as well as everything else except pay.
Hope it cools off before others start to get involved.
I hear this every year.
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Old 11-15-2012 | 08:17 PM
  #12  
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Originally Posted by johnso29
I hear this every year.
No kidding. They've been predicting $200 oil barrels since 350 B.C.
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Old 11-15-2012 | 09:07 PM
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hopefully you guys are right.
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Old 11-15-2012 | 10:03 PM
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Originally Posted by Ekpt40
hopefully you guys are right.
About $200/bbl oil, or hearing it every year?
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Old 11-16-2012 | 08:46 PM
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Theoretically, the stock market is a "crystal ball" into the future. It's a mass collection of emotion that can predict the future, Theoretically.
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Old 11-16-2012 | 08:53 PM
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Originally Posted by surfnski
No kidding. They've been predicting $200 oil barrels since 350 B.C.
I think the price of oil is the wrong thing to watch. Look at the price of gold. The higher it goes, the weaker the dollar. The weaker the dollar, the higher the price of oil.

I'm nervous because the dollar is falling against the Euro. No bueno in my opinion. Currencies are becoming weaker. This drives the price of intrinsic properties higher.... Like gold, oil, commodities, etc.
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