Posted:
#1
The oil decline should reach 100 to 105 by the middle of August There will be tradable bounces to short along the way
Oil should be 100 to 105 by mid August
Views: 182
Posts: 5
Posted:
#4
Can you explain why Oil is going to drop to 100 in the face of our Fed running the printing presses all day every day? This isn't a matter of supply and demand but rather the consequences of a poor dollar. Priced in Gold Oil has barely moved. So you are saying the Fed will raise rates wipe out the market dramatically in order to save the dollar? I'm just not sure of what has fundamentally changed with the situation to cause a 25% drop in the next month. Please elaborate.
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