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Oil Weakness May Intensify
Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
I have been watching this forecast..
http://forecasts.org/oil.htm
Looks pretty high for the next months to come. However we would see a USA potential inflation phase to come.
How do you see some end of year prices for Oil and Gold?
Regards
possible cause money is searching return and one of the only segment to find return is commodities.
its a secular commodity bull rally as stated speculator.
hong kong is the host of plenty of hedges funds that bets on oil, knowing that the us treasury tern nest in hong kong doesnot find anymore for themoment its ROI in us treasury
one swallow doesnot make the summer maybe two summers.
harabica
Do you know that your knowledge and forecasts are being undermined by your arrogance?! Why are you treating others like insolents, huh? 94.55 to hell, for all I care, if you've not been brought up to accord respect to others.
We earlier had a character like yourself on this Forum. I'm not sure if there's a problem in that part of the world...
Asad
P.S. Apologies for being stereotypical, but some people just ask for it!
Are you still bullish on oil @ current market prices?
Do you see GBP/USD dropping below 1.59 in short term?
Thanks,
Karan.
We are headed into the second leg of a double-dip recession. The stock market rally propped by governments is nearly over. There is no real rebound.
94.55? Too much. Simply laughable. Unemployment at these levels!
83 IS A GOOD LEVEL; I DONT KNOW WHAT IS THE PROBLEM. THERE IS A MISCONCEPTION IN THE COMMODITIES CYCLES PATTERNS ABOUT THE FIFTH WAVES; ITS THE STRONGEST ONE SO I WONT BE SURPRISE TO SEE OIL AT 97 100 A BARREL. THAT COVERS OVER THE REFINING COST;
19 83 WE JUST WOKE UP FROM THE SECOND OIL SHOCK.
WHAT IF THE SILVER SURFER CLEARS YOU THE WAY TO 19.87
ALWAYS CON HUEVOS.
NO CLUE WHAT A KATEKS IS BUT AT 83 ITS FOR DOCTOR VON FATALIS PETROLEUM MERCHANT
CP