Friday, July 31, 2009

The Oil above $100 by the end of the year Peter Schiff

Peter Schiff on the Kudlow Report : Oil at $100 the Dollar will continue its free Fall

Peter Schiff was this evening on the Kudlow Report debating whether oil will stall the market, with Kevin Kerr, Kerr Trading International; Bill Smead, Smead Capital Management; Dan Fitzpatrick,; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera.commodities crude oil and gas are going to continue their rally as the dollar is losing value , China will keep on rallying , Peter Schiff says he owns a lot of oil stocks , he believes that the oil will continue to go up as the dollar goes down , Peter Schiff predicts things going way worse for the dollar in the fall and he sees a crude oil barrel above $100 by the end of the year

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