OIL CRASH - OIL HEADED TO $33-$10 between 2012-2016

SS SAYS

(PLS NOTE - THIS CHART IS INVERTED SO UP MEANS DOWN)
THE COMING DEFLATIONARY DEPRESSION WILL LEAD TO A CRASH IN CRUDE OIL PRICES

OIL WILL HEAD TO THE $33 - $10 RANGE

THIS WILL BE DISASTROUS FOR THE OIL PRODUCERS

SOMETIME BETWEEN 2012 AND 2016 - WHEN EUROPE GOES BUST - PIIGS DEFAULT - EURO BURNS - US MUNI DEBT IMPLODES - CHINA CRASHES WITH A MASSIVE HARD LANDING CAUSING AUSTRALIA AND CANADA TO FALL HARD - DOLLAR TO RISE SPECTACULARLY - BANKS TO IMPLODE MAKING 2008 LOOK LIKE A CAKE WALK -

DEMAND WILL DESTRUCT - MASSIVE DEBT DEFAULTS WILL BE ON THE WAY

THERE WILL BE GLOBAL DELEVERAGING AND AS IT HAPPENED IN 2008 - OIL WILL COME CRASHING DOWN

IN THE SHORT TERM OIL COULD HEAD AND PEAK SOMEWHERE  IN THE $147 - $120 RANGE

BUT ONCE IT PEAKS THIS YEAR OR NEXT - OIL SHOULD COME CRASHING DOWN

THE FINAL OIL BOTTOM SHOULD BE NEAR MY RANGE

ALSO YOU WILL SEE - SILVER FINALLY CRASH AND SETTLE NEAR $5 - $10 RANGE

SILVER IS NOW AT $40 SO THAT IS A 75% CRASH

OIL IS AT $122 - SO THAT WILL BE A 72% CRASH

EUROPEAN HOUSING (EXCEPT GERMANY) WILL CRASH BY 60% OR SO AND THIS INCLUDES LONDON

THE DEFLATIONARY FORCES ARE GATHERING STEAM DAY BY DAY -

EXPECT A VERY VERY STRONG DOLLAR - DXY WILL HEAD FROM 73 AS OF NOW 80 AND THEN TO 90 - AND THEN TO 100

WE WILL SEE OIL NEAR $33 BEFORE SEEING OIL AT $50 OR $200 OR $250