News Focus
News Focus
icon url

d33c4f

10/02/05 3:03 PM

#11853 RE: QuickTrade #11847

Years away? I doubt it

A recession is going to hit long before that, with-in a year probably..and that will be the excuse to kill the oil price
That'll be the time to buy...certainly not now
icon url

FinancialAdvisor

10/03/05 1:24 AM

#11872 RE: QuickTrade #11847

*QuickTrade, the only chance oil has of going to $50 is if it does it within the next 7 weeks, if not, forget about it. By the time oil is finally discarded as an archaic energy and graved up like a human being will be the time when $GOLD reigns king of currencies, and simply put, the oil industry will fold up like manufacturing jobs in the United States during the 1900's...

That's just my take,

And of course alternative energies free of any oil will be the king of energies, we'll also use natural sources such as sunlight, wind, & water or hydro-energy...

Oil's funeral will be apart of paper fiat currencies'...

Just my take.

That means it'll rise...