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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (164355)	6/11/2009 11:37:40 PM
From: Proud Deplorable	1 Recommendation Read Replies (3) of 313641

again I disagree. Chindia will see to it that oil prices remain high due to incredible and growing demand. Oil prices have little to do with the economy, good or bad, oil get used as population increases make up for downturns. The population of the world today is 6,783,421,727 and by 2040 will be 9 Billion....oil is invincible and the talk of alternatives is a waste of time. It always gets back to the same old debate about the USD. Oil is also up because the USD is down. This effect will get more and more pronounced if the so called recovery fails. You probably think that its the opposite. Not true. I think the USD will crash very soon and oil will hit 150.00 again, maybe by Xmas thereby shocking (AGAIN) the naysayers.

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