It's ugly out there...

[Vanraw]

You know the interesting thing is the issues that caused oil to go to the $145 p/bb has not been fixed. That is the retirement fund managers buying futures and forcing the price high. The last time this happened it wasn't about supply either. (I know Vllad will argue but I have moved yet). The price increases were more about market manipulation. The only reason the price dropped back to normal, was because of the 2008 bubble burst, and the economy going to the grave.

So hare we are again. Tons of money being dumped into commodities. Retirement funds driving massive dollars into the futures.

The question is how high will it go? Im kicking my self for not buying in at 60 when I wanted. Now that its 90's, Im wondering if it will still drive up to 150, or even the levels they were predicting befor of 180.

Good chart here.
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I think it will hit mid 100's. So where to invest.

- Shale oil concepts will be popular again.
- Anything green will go through the roof again.
- Energy companies like Exon really made the profits last time.
- Who else?

Who will lose?
- Transportation? Trucking etc??
- Airlines
- Travel / resort businesses.
- Retail ie inflation
- Who else?