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I like Suncor SU. Don't have any position now but it is very tempting. I can't see oil dropping below $100.

Industrial demand for commodities is dropping, but rapid inflation is going to make them the only safe asset class to own. People want something solid to protect them from the Fed's money printing. I think the turnaround is already beginning.

Watch for laws outlawing foreign currency and gold ownership next. Socialism is in full force in Washington.