International talk show host Michael Levy, is the author of eight books, a mystical poet, inspirational philosopher and wellness/healthy living speaker. His latest books are "The Joys of Live Alchemy" and "Worry Causes Wrinkles" which can help a person change dark negative... More
They say, pride comes before a fall and it would be foolhardy not to take profits on this two week, enormous rally, that I feel has not got the true foundation to go up from here. In fact, it has gone up too far, too fast and for mostly premature reasons.
Like it or not, this has become a traders market in the casino of greedy gain.
The UK and France have taken action this week to limit speculation in oil prices. The US government is also seeking a way to limit oil price speculation. It is obvious that lower oil prices can help most corporations and also help people in the price of gas they pay at the pump, which in turn can end the recession. However, there is an even bigger reward for bringing down the price of oil to $30.00 a barrel, which is probably the correct price as governed by today's supply and demand ratio. The lower oil price can bring an end to Iranian backed terrorism and peace to the Middle East and Afghanistan.
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Has The Market Run Too Fast, Before It Learnt To Walk?
Why $30 a Barrel Oil Could Save Lives, Bring Democracy to Iran and End The War in Afghanistan.
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