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Re: DewDiligence post# 11268

Saturday, 11/21/2015 6:26:52 PM

Saturday, November 21, 2015 6:26:52 PM

Post# of 29487
Barron’s interviews an oil bull:

http://www.barrons.com/articles/get-ready-for-a-shaky-eu-and-higher-oil-dollar-and-gold-1448082682

The risk profile for oil prices is changing pretty rapidly. We think the risk of a conflict is going to build very fast now in the Middle East. There is no premium in the oil price whatsoever. There’s a new sheriff in town, Vladimir Putin, and he has an interest in higher oil prices, not lower oil prices.

…Next year, assuming the dollar begins to fall, we think [WTI] can trade up to around $70 or $80.

— Larry Jeddeloh, author of The Institutional Strategist

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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