Tuesday, February 08, 2011

OIL (wtic) $87 today

> a monthly close above $100 = higher prices to come

> May/June and Oct/Nov 2011 are important turning points

> 2015.75 (Sep 30) is turning point of next wave

> $200 a likely high; $300 not out of the question

> US$ decline will play major role in commodity price increases

Martin Armstrong - An Islamic Revolution
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