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Re: BuzzOnDaBeach post# 66334

Thursday, 05/13/2004 11:56:52 AM

Thursday, May 13, 2004 11:56:52 AM

Post# of 275594
Yes but I have been saying this for months. I watch futures and refinery output. Here is a gold bug that agrees with me:

Tuesday, May 11, 2004, 7:37:00 PM EST

Oil Reaches 13-Year High

Author: Jim Sinclair


The last time oil reached $40 per barrel you could hardly blink before it was back under $30. There is no comparison between the price action then and the situation today. This is the real thing and Monty’s $55 forecast for oil is probably coming a lot sooner than "long term."


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