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Contrarian Predicts Dive to $55-a-Barrel Oil

Submitted by Jerry Bolduc, Nov 14, 2007 07:50

Hello Mr. Dorfman, I read your article about the contrarian's prediction that oil will fall to $55 a barrel...maybe he knew something that the rest of us didn't! http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=58682 I enjoy your research very much...continued success. Sincerely, Jerry Bolduc It's me again Dan, Speaking of $55 oil, I have been wondering why in the world it ever ran up that high to begin with. Were you aware that salt water is flammable? http://www.wkyc.com/video/player.aspx?aid=42939&bw= Here's another example...this one isn't new tho: http://www.youtube.com/watch?v=tS7mHc_Tdzo There's a company called EEStor that is supposed to be making a "super-capacitor" for Zenn Motors of Canada that is promising to do away with the internal combustion engine for automobiles entirely! It's supposed to be out soon...and it's projected to cost $9 for a 5 minute charge that will give the car a range of 500 miles. Can they do it? From what I heard, they have the technical and financial expertise to pull it off...time will tell. Jerry


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Other reader comments on this article

Comment By Date

So on Oct 22 you quoted one Fedal Gheit forecasting oil dropping to $55 in 2 to 4 months. That... [MORE]

Mohamed Casam 

Dec 22, 2007 11:25

Hello Mr. Dorfman, I read your article about the contrarian's prediction that oil will fall to $55 a barrel...maybe he...

Jerry Bolduc 

Nov 14, 2007 07:50

Maybe this is why he's predicting $55 oil: http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=58682 Would I be thought ill of if I suggested that maybe... [MORE]

Jerry Bolduc 

Nov 14, 2007 06:55

Everytime there is a report of a pending or percieved threat oil prices go up. What we have is oil... [MORE]

ejf 

Oct 30, 2007 17:33

the last time oil rallied to $75, it crashed back down to $49. This time its rallied up to $88, so... [MORE]

Living Off Dividends 

Oct 25, 2007 02:02

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