akapital

Oil to Retest $40/Barrel by Year-End?

ok, that's cool but if you think the dollar will be brought to its knees (as you state in the first part of your article) would'nt the price of oil in dollars rise?

Is Oil Going the Wrong Way, Or Do We Need to Adjust Our Perceptions?

I am long alternatives and I am long Oil and other natual resources and I was buying at what in hindsigh turned out to be the bottom (at least as of now) because I believe the following:

1. Peak Oil
2. Supply Destruction when oil is sub-50
3. Foreign Demand will far eclipse any decline in US demand
4. Falling dollar

Of course I am not betting the farm (already lost it), but a could chunk of change.