PETER SCHIFF

PETER SCHIFF

Tuesday, December 8, 2009

Mish Shedlock on yahoo Tech ticker oil prices to drop, the dollar will strengthen



"In the absence of a war outbreak in the Middle East or Pakistan -- and/or Congress going completely insane with more stimulus efforts -- I think oil prices are likely to drop, the dollar will strengthen or at least hold its own, and the best opportunities are likely to be on the short side," he writes. "2010 is highly likely to retrace most if not all of the ‘reflation' efforts of 2009. If things play out as I suspect, 2010 will be the year of the great retrace as the economic recovery disappoints."

No comments:

Post a Comment

Popular Posts This Month