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Expect oil at $150 in a decade, Soros colleague warns
“If you think the price of oil is going to $32 and staying there, let me know where the oil is coming from. I expect the price will be $100–$150 within the decade, and the bull run in commodities will come to an end when it reaches $110.” …alternative sources of energy “cannot happen fast enough,” said [Jim Rogers, co-founder with George Soros of the Quantum Fund].
April 29, 2005
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