Dwane

Is Oil a Bubble? Part One

Lets say oil goes to $300 per barrel or $8 per gallon at the local service station. I agree demand is growing and supply is limited, but vacations will be within 100 miles not 10,000 miles. The only way demand is going to slow is if there are less people on the planet, or the cost goes up. I personally think a stalled economy will cause the bubble to bust.

Burst Bubble? Commodities' Long-Term Story Remains Intact

The big picture says equities bottomed last week and will be the "flavor of the month" until March 2009. Commodities will become range bound and gold will always have its following or "groupies". An intersting view (or model) is that of Martin Armstrongs back in the 1980's.