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January 12, 2013

The Chart Looks Very Bullish For Oil

"Look at the price of oil, which has been moving up, it set a 4 month high here today. I think the chart looks very bullish for oil.

Remember he got as high as 150 dollars a barrel before the financial crisis in 2008, we could be challenging those highs again before the end of 2013." - in Futures Now

Related stocks and ETFs: United States Oil Fund ETF (USO), Exxon Mobil (XOM), Chevron (CVX), Marathon Oil (MRO), Conoco Phillips (COP)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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