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Joe Kernan

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Joe Kernan

Re: raistthemage post# 1961

Friday, 08/22/2008 5:06:53 PM

Friday, August 22, 2008 5:06:53 PM

Post# of 5678
I don;t believe there will be a 'collapse' in oil prices. Its a limited commodity in a growing demand market. Oil will continue to fluctuate, but head higher and higher for the foreseeable future.

Read this link, I think it explains ths issue well:

http://www.kitco.com/ind/Hommelberg/apr222005.html

We are experiencing the beginning of oil shock, and the markets/human society is undergoing a radical change in how the economy is structured. IMO.



http://investorshub.advfn.com/boards/board.aspx?board_id=12732

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