Oil in 2012: $200 or $50?

THE BEAR'S LAIR
Oil in 2012: $200 or $50?
The US broad money supply by one measure has increased at an annual rate above 30% for most of this year. Maintained, that could triple prices within four years and oil would look moderate at US$200 a barrel, with gold hitting $2,000. Good sense by the US Fed and politicians might save the day, or a full-scale revolt by bond dealers. - Martin Hutchinson (Apr 29, '08)
http://www.atimes.com/atimes/Global_Economy/JD30Dj02.html