After the initial airstrikes on initial Iran targets, oil will spike, if Iranian regime retaliates in any way, shape or form; the second trap comes in: then Bush will have the perfect grounds for exacting the real aim which is massive bombing of Iran involving up to 2000 targets. Oil will most likely spike to $175 towards $200. But then US and Saudi will open up their reserves which will cause oil to drop back to $120 again.
Inflation Contest: Crude 1-Gold 0 [View article]
Iran will help us get there. :)
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It's Iran, stupid!
Parabolic Move In Crude Oil Looks Extended [View article]
It has nothing to do with fundamentals, buddy boy, it has everything to do with the coming military strikes on the Iranian regime and its terrorists-
Wait until Hormuz strait is mined or bombed, and I will tell you if $200 is a bargain then or not.
You novice writers take one face out of a hundred faces of a cut diamond and claim to "have the truth"??! Puaaah!
It's Iran stupid!
Is Oil Bubbling Over? [View article]
It's Iran, stupid.
5 Reasons Oil Was Thrown Off Track [View article]
Let mullah heads roll then.
5 Reasons Oil Was Thrown Off Track [View article]
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ames and Crossing- I agree with both of you!
Yes, shorter term, the US Dollar will gain strength and may likely drive oil price down but only until such time as Iran war starts in earnest.
Right now the Iran war factor is the 'force majeur' behind high oil price, US Dollar takes second seat to that.
And believe it or not, the potential for an all out conflict with Iran is increasing by the day.
"It's Iran , stupid!"
T. Boone Pickens Predicts $125/Barrel Oil [View article]
Don't listen to him!
ames and Crossing- I agree with both of you!
Yes, shorter term, the US Dollar will gain strength and may likely drive oil price down but only until such time as Iran war starts in earnest.
Right now the Iran war factor is the 'force majeur' behind high oil price, US Dollar takes second seat to that.
And believe it or not, the potential for an all out conflict with Iran is increasing by the day.
"It's Iran , stupid!"
$200 Oil, $2000 Gold? [View article]
Shorter term, the US Dollar will gain strength and may likely drive oil price down but only until such time as Iran war starts in earnest.
Right now the Iran war factor is the 'force majeur' behind high oil price, US Dollar takes second seat to that.
And believe it or not, the potential for an all out conflict with Iran is increasing by the day.
"It's Iran , stupid!"