The oil market is starting to crash. The OPEC group has set new production levels for 2012 and expects oil to settle at $70.00 a barrel! With new Libyan oil coming online in january, the world will be flooded with crude. Today, american oil companies are selling oil OVERSEAS because of the glut of oil.
Gold is also going to hit new lows as the us dollar grows stronger against the Euro. Gold will see prices in the 1300 dollar range in early 2012, but fox will continue to stream ads selling gold talking about the great investment of gold.
Either way, this is great news for our economy in 2012!
What happened GOP? Why is there a GLUT of world oil when in BUSH's administration, they said there was a shortage that caused high prices?
Peace.
Gold is also going to hit new lows as the us dollar grows stronger against the Euro. Gold will see prices in the 1300 dollar range in early 2012, but fox will continue to stream ads selling gold talking about the great investment of gold.
Either way, this is great news for our economy in 2012!
What happened GOP? Why is there a GLUT of world oil when in BUSH's administration, they said there was a shortage that caused high prices?
Peace.