Sharky:
If Mr Dent is right, we will see a manic blowoff in oil at or above$160.00. Other commodites will also appreciate significantly in the mania. Inflation will begin to go crazy and this will lead to a crash of stock markets worldwide with attendent deflation.
Mr. Dent forecasts a likely high in the Dow at near 11,000. Currently at 7,560. Oil and commoidties blowoff will be the "straw that breaks the camels back" with a crash in the equities markets. Time frame, mid 2009 until early to mid 2010.
Do not know if he is right. Merely trying to alert people here as to potentials for their consideration and possible planning.
Brian