Sheeeesh .... use your brain man .... trillions of hot money got no
where to go but to hike up the commodity prices, one of which happens
to be OIL.
When the oil price was nearing the 100 dollar level, there was a big
psychological barrier. So it moved up and down in between 98 and 92
for quite some times before the 100 dollar barrier was finally broken.
And when that happen, there ain't no other psychological barrier
anymore for oil price. Sky is the limit now, man. You don't really
need goldman sacks or silverman gurneys to tell you that.
On May 6, 4:18 pm, "Albert K. Fung" <akwf...@[EMAIL PROTECTED]
> wrote:
> The venerable Goldman Sacks ....
>
> Finally made the gutsy call, adding a respected voice to the
> whispers. That oil is on a steady march towards USD 200. Its
> projection is USD 150-200 by the end of next year. That will
> certainly hurt quite a bit.
>
> Because that translates into USD 8-10/gallon of gas .... :)
>
> Regards,
>
> Albert K. Fung
> Casa Tres Palmas, Santa Ynez, California, USA.
> ---
> Posted via news://freenews.netfront.net
> Complaints to n...@[EMAIL PROTECTED]
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