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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (81134)7/7/2008 4:19:20 PM
From: ggersh  Respond to of 116555
 
Only a depression will bring oil back that far.......IMHO it doesnt matter where oil goes from here, either way we are screwed.....



To: Secret_Agent_Man who wrote (81134)7/7/2008 6:19:35 PM
From: Crimson Ghost  Respond to of 116555
 
I see oil at $200+ a few years out.

The drop to the $100 area I see later this year will be strictly temporary.

Peak oil is real and the oil bull will last many years, but it has gotten way ahead of itself short-term.


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