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Joe Kernan

08/22/08 5:06 PM

#1963 RE: raistthemage #1961

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.