Oil, Gold & Dollar 7-30-11

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The debate on the deficit is impacting decisions made by investors. Insight with Daniel Dicker, TheStreet.com/New York Mercantile Exchange; Joseph Trevisani, FX Solutions, and Frank McGhee, Integrated Brokerage Services.

ITZ suggested entering a 1/2 position on Proshares Ultra Crude Oil (UCO) under $42 via TWITTER

WTI Oil Charts Point To Higher Prices

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ITZ has in the past posted the Gold/Oil trend chart WTI hit resistance at $100 & with the build as reported this week via API & EIA reports has retreated. ITZ longer term call has been that WTI Crude Oil will trend higher targeting $120 by 2012.

Past ITZ Posts