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Saturday, August 01, 2009

iran prediction

Oil pump jack. Red filtered image. photo

I predict that there will be in the future a war in iran. This will close straights of hormuz where 17 million barrels of oil flow every day. The effect of this global nightmare will be a dramatic dive in stock prices on wall street follow by a rise in future oil prices.

Expect oil to go over $200/b and keep rising. OK mean while the dumber than dog dirt debunkers will say that all is fine, but this means our severe economic recession which is already turning into a global depression will get that much worse.

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Tuesday, May 05, 2009

Oil over 54

The future price of oil will be higher than now. Today it shot above 54. This means that it is rising a quite a rate. Actually some say that we will soon see gas over $3/gal. Oil creeps over 54 on economic recovery, but sadly, that recovery will not take place. The damage to the global financial system is too great for a recovery to occur so soon.

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