oil/gold/other commodities are in a head and shoulders pattern.
i see it, so does ubs in their downgrade today.
there may be pop in auy, maybe even to my avg short of 16.09 (in which case i'll short more), but 1-2 yrs out. all commodities will be much lower.
<but 1-2 yrs out. all commodities will be much lower...>
you are very wrong with your long term view.....especially with the ever rising tension growing in Iran and the soon to be completed Iranian Oil Bourse