Greetings one and all:
Nine years ago when oil was trading at $10 per barrel I had a signal that crude would move to $98 per barrel and that would be followed by an enormous sell off. I believe oil stocks are going to get hammered with a trading low in early March. The price of oil will continue trending lower into the 2008 fall election.
Gold and silver should depart from oils down move and continue much higher, with gold reaching $1002 per ounce and silver peaking at $22 per ounce. This will occur in 2008.
I,m a 25 year options trader. Cheers, Dan
Nine years ago when oil was trading at $10 per barrel I had a signal that crude would move to $98 per barrel and that would be followed by an enormous sell off. I believe oil stocks are going to get hammered with a trading low in early March. The price of oil will continue trending lower into the 2008 fall election.
Gold and silver should depart from oils down move and continue much higher, with gold reaching $1002 per ounce and silver peaking at $22 per ounce. This will occur in 2008.
I,m a 25 year options trader. Cheers, Dan