Korelin Economics Report

An upper target for Crude this year of $60/barrel

“The Gold and Oil Guy” Chris Vermeulen updates us on the recent moves in crude oil. When we last spoke oil was in a downtrend and very close to breaking lower however there was the thought that it would reverse. Currently crude has bounced and Chris is watching for some higher resistance levels to break before running up to $60. We also discuss the relationship between energy stocks, the US markets, and gold.

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