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CNBC Bonus Bucks Trivia: On June 3, George Soros said oil prices will not “crash” any time soon. What reason(s) did the billionaire cite?
William A. Trent (June 5th, 2008) Writes:
On June 3, George Soros said oil prices will not “crash” any time soon. What reason(s) did the billionaire cite?
Hungarian-born Soros said commodity index trading “is still inflating the bubble,” but oil prices have “a strong foundation in reality.”
While I’m not exactly counting on a crash, I’m hoping I can restock my oil position (USO) at lower prices.
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billionaire, Bonus Bucks, Cnbc, Cnbc Bonus Bucks Trivia, Commodities, commodity index, Commodity Trading, Crash, Current Market News, George Soros, Hungarian, Index Trading, June 3, Oil Prices, Reason, Stocks to Watch, Strong Foundation, Uso
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