Jim Rogers: $200 oil is coming soon


From Investment Postcards from Cape Town:

The price of oil could surge above $200 a barrel, more than doubling from present levels, according to Jim Rogers. As concerns about oil reserves running out heighten, he believes we will see another dramatic rise in price.

"Maybe there is a lot of oil in the world. But if there is, we don't know where it is or how to get to it," he says...

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