$100 Oil Sure Bet, Rogers Says; Merrill Lynch Demurs
Jim Rogers, the co-founder of George Soros's Quantum hedge fund, says oil prices will reach $100 a barrel, possibly this year. Merrill Lynch & Co.'s Francisco Blanch says no way.
``Unless somebody discovers something very quickly and very accessibly, we're all going to be dumbfounded at how high the price of oil will go, including me,'' Rogers said in an interview in Singapore.
( Full story here )
``Unless somebody discovers something very quickly and very accessibly, we're all going to be dumbfounded at how high the price of oil will go, including me,'' Rogers said in an interview in Singapore.
( Full story here )
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