Quote from jjk2:
it also means US economy will recover soon...hopefully.
because oil cannot continue climb at this rate.
the dollar will prevail.
the oil must fall.
and more wars must brew in the middle east.
more arabs will fall because their leaders are selling them out.
exactly what i wanted to say.Quote from S2007S:
Oil will correct, commodities will correct, once the federal reserve finally steps in to prop the dollar up, commodities will see a huge correction. Inflation is running out of control and any signs of the economy running a bit a better and the federal reserve will start to prop up interest rates once again. As for oil, many here are just too bullish, don't question the next 30-40% correction in commodities when it takes place because it will.