OPEC ministers say world can handle $100 oil

Posted: January 14, 2011 in Current Events, Federal Reserve, Financial Survival, Ongoing Criminal Activity

Today the OPEC minister told the world we can handle $100 oil.  Maybe we can handle $100 oil.  How about $150 or $200?  The problem is oil is priced in US Dollars.  As the dollar falls oil will cost more in dollar terms.  I made my 2011 call for oil about three months ago at $150 per barrel.  Most thought that call was insane and many still think that call is insane.  I am sticking by that call.  We will see $150 oil in 2011 and possibly $200.  You can thank the Federal Reserve for their irresponsible money creation. 

Full Article Here

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