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  • Goldman's $200 Oil Call and the Hurricane Premium Theory [View article]
    I don't really see an end to high oil prices either, but as some point people will simply stop having enough to pay for it and something drastic will happen. What if say, $150 oil is enough to completely kill the american consumer ( if it isn't already dead ) and it throws us into a depression via runaway inflation. What if the petrodollar collapses due to this or simple lack of confidence in our economy ?

    I am definitely bullish on oil, but I fear it's gains are at the direct expense of economy/dollar ( unless the fed miraculously stops behaving so masochistically )

    What about buying oil sand trusts with the loon... havent made that trade but was def an idea. You get the currency moves + high yield + oil price moves ... seems pretty good to me.
    Mar 12 13:45 pm |Rating: 0 0 |Link to Comment
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