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United States Oil ETF Message Board

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  • jamesattner jamesattner Nov 29, 2010 3:27 PM Flag

    USD, Euro and Oil

    No one can accurately predict what will happen in the future. Today the USD was way up and crude oil was also skyrocketing.

    One scenario for your prayer is that if Europe/Euro continues collapsing (PIIGS) and the price for crude increases as China and India continue with their enormous growths. Dennis Gartman has actually predicted that the Euro possibly will not last and will split into a North and South Euro (unlikely IMHO).

 
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