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Oil
Have to agree with Celente's recent call; what could/will derail the markets is $100 oil. I would say at $90/barrel, one had better start to consider adjusting the portfolio. It wasn't long ago we heard we'd "never see oil over $60 for a long, long time." We're at $80 now. Instability in the Middle East and Venezuela, I don't think it would take much to get past $90.
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