drbubb Posted May 11, 2008 Report Share Posted May 11, 2008 In January, Jim Puplava forecast "$125 by Year-end", we hit that this week. And Jim P. is now revising his forecast to: $140 -150 by winter $200 Oil by the end of 2009 $??? - if disaster hits: pipelime blows up, etc. "At $200 oil, we will be rationing gasoline." "What are they going to do "We are competing now with 3.5 billion people on the other side of the planet." "Opec is consuming more of the product they produce...there is less to export." /Listen: (near the end): http://www.netcastdaily.com/broadcast/fsn2008-0510-3a.asx == == == My Longer term target is ... $400 oil by 2012/3. Look at this chart, multiply by 10 $13 oil : $130 oil now $40 oil : $400 oil within 3-5 years, maybe much sooner /see: Oil's Long Cycle Link to comment Share on other sites More sharing options...
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