Friday, March 20, 2009

Crude


So the US again prints money to stimulate the economy and thus devalues the dollar which drives the price of crude up. Do you think Bernanke and crew realized that Crude was at a critical technical level and "FALSELY" manipulated the crude market? All I'm saying is be VERY careful here because Crude breaking $50 is not based on any increasing global demand only the valuations of currencies.

Bottom line is this latest BULL run is nothing more than a mere Bear Flag set-up.


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