My prediction is Gasoline will cost 4.20 a gallon come next year by june.
Gold and Silver are priced with the expectation of 1980s inflation kicking up.
Gold and Silver are priced with the expectation of 1980s inflation kicking up.
6/6/2011 I predict 4.20 a gallon gasoline
- Thread starter KINGOFSHORTS
- Start date
He said 4.20 per gallon. That number comes up with someones been smoking a little too much reefer.
My prediction is it will be $5 per gallon or more by then.
My prediction is it will be $5 per gallon or more by then.
I predict $3 or $2.50 per gallon.
However there will be so much unemployment and the economy will be so weak that it will feel like $6/gal now.
So if I'm reading these forums correctly this is what's happening to gas:
- Since oil prices are tied to the dollar, and the dollar is dropping, oil prices rise as we get less oil for our dollar
- as the government keeps pumping money into the system, there's a big fear of inflation (or the government wants inflation, whatev's) pushing commodities up
- India makes announcements that they will need 40% more oil in the next ten years, driving speculation
- I forgot what I was gonna put here
- and D, investors are all confused as to were to invest so they speculate on things like oil that arent as scary or confusing
At least that's what I am taking away from reading these forums the last 3 weeks
Gas = 3.25 to 3.50 per gallon as the new norm by summer 2011
- Since oil prices are tied to the dollar, and the dollar is dropping, oil prices rise as we get less oil for our dollar
- as the government keeps pumping money into the system, there's a big fear of inflation (or the government wants inflation, whatev's) pushing commodities up
- India makes announcements that they will need 40% more oil in the next ten years, driving speculation
- I forgot what I was gonna put here
- and D, investors are all confused as to were to invest so they speculate on things like oil that arent as scary or confusing
At least that's what I am taking away from reading these forums the last 3 weeks
Gas = 3.25 to 3.50 per gallon as the new norm by summer 2011
KINGOFSHORTS - How about filling in a few economic details here to convince the rest of us to buy RB11N.
http://www.cmegroup.com/daily_bulletin/Section61_Energy_Futures_Products_2010216.pdf
+1
yoohoo! are we playing Price Is Right? in that case, 4.21