Sunday, February 27, 2011

Jim Rogers: Crude Oil Is Headed To $150-$500

"Certainly, it can go to USD 150 per barrel over the next decade. I have no idea what will happen this year. If Libya calms down and everybody else does, it will go down for a while. If the UK goes bankrupt or some sudden surprise happens, everything will go down. But crude oils is going to go over USD 150 per barrel, it is going to go to a couple of 100's in the next decade."

Jim Rogers

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