Where is the price of gasoline going to end up and how badly is it going to effect the strugleing economy
It's been a while since my Wall St. days, and my tastes have improved on crude oil, as I now favor Brent Blend v. the old stand by, West Texas Light Sweet. The BB has superior coagulation, and better aroma than the insipid WTLS.
If I was a betting man, I'd take the "over" on JP Morgan's most recent guesstimate of $125. Jamie D. and his boys haven't guessed right on anything of substance in over a decade, so taking the far side of the bet against them should be an easy payday.
Plus, that rabid rattlesnake, Nonna Qaddafi's last days are upon him, and he's hinted that he might have his funeral pyre right next to the unstable end of one of his pipelines. That, plus the fact that the Iraqis can't seem to figure out how to unscrew the valves on 2/3's of their export pipes. And of course there's the contagion that's infecting every Arab under 30, and spreading faster than Ebola.
My sources in London tell me Soros is long the June 145's.
As to your concerns about the struggling economy: What economy?
iyi şanslar,
Your Man In Istanbul