Quote:
Originally Posted by Dallascaper
High prices are here to stay? Wow, they said the same thing about Miami real estate in 2005, dot-com stocks in 1999 and the Yen in 1989. Was your friend saying the same thing about oil in 1980? Just wondering.
I know that some of the fundamentals are different, like China and India, but much of the rise in oil prices has more to do with market investors than supply - in other words, the bubble will pop, it's just a matter of when and how much.
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Not that I normally quote myself, but...
