Oil will reach $262 per barrel as predicted by George Soros.
Soros, who is famous for trading against the Bank of England and making $1 billion, and who also co-founded the Quantum fund which netted over %4000 in 10 years, predicts that oil could reach $262 as a result of some likely or unlikely scenarios.
The full article is here.
As Kuwaitis, unlike what is commonly believed, we do not each own an oil well in our 7osh (garden / backyard). We can benefit, however, because more money is coming in Kuwait. More construction, growing new businesses, more companies are showing greater profit, more job oppurtunities, the stock market flies, and if you invest, you get a little piece.
So good times for all. Enjoy while it lasts.
Precisely. Enjoy now while the good time last AND plan for the unknown future
ReplyDeleteSounds quite possible, but not before at least 3-4 years.
ReplyDeletejewaira: wise advice
ReplyDeletemiyafushi: maybe sooner.