So Brent hits $100 for the first time since the 2008 silly season. Thinking back to Predictions time, this sits nicely with:
"Oil to be in 3-digit territory by year-end - and to stay there forever. It will cross the 100 line earlier than that, but there is scope for some dithering on either side initially."
So my $98 March is looking OK.
How about the bullion ? Noticeably down since year-end and I have taken that as a cue to move in, to silver. For the record my average buy-in price was £585/kilo. Don't see any near-term shortage in the Bad News that is my rationale.