Jim Rogers Sees Oil Eventually at $200 a Barrel

By on January 22, 2009

Renowned investor Jim Rogers recently predicted that oil would eventually hit $200, although he had no idea when, calling himself the world’s worst market timer. Rogers noted that reserves are declining and total known reserves at today’s consumption rate would only last 16 years.

Source:

http://www.bi-me.com/main.php?id=29774&t=1&c=33&cg=4&mset
***

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>