Oil prices are likely to hit $150 while gold may go above $2,000 longer term, Nick Bullman, a managing partner at research-based risk assessment service firm CheckRisk, told CNBC Tuesday.
In the Middle East and North Africa, "the genie is out of the bottle" and the unrest is " very likely to continue for some time," Bullman said, adding that over the short term oil, which currently trades around $105 forUS crude and $119 for Brent crude, is likely to spike to $135.