Confirmatory Bias and Oil Investing [View article]
The article is right on. This kind of thing happens all the time.
If you are long on oil -- your greed is turning to fear.
Greed and fear -- at its most basic 'the market' is controlled by these two emotions.
There is no "peak" of oil in the foreseeable future.
Oil is a mineral, not the remnant of 'organic detritus'.
The scientific basis is clear.
And, yes, geologists have been caught up in the above psychology for decades. check out <a Href="oilismastery.blogspot..../ "> Oil Is Mastery. And learn the truth about oil.
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The article is right on. This kind of thing happens all the time.
Jul 17 20:11 pm
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All Comments by anaconda »Confirmatory Bias and Oil Investing [View article]
If you are long on oil -- your greed is turning to fear.
Greed and fear -- at its most basic 'the market' is controlled by these two emotions.
There is no "peak" of oil in the foreseeable future.
Oil is a mineral, not the remnant of 'organic detritus'.
The scientific basis is clear.
And, yes, geologists have been caught up in the above psychology for decades. check out <a
Href="oilismastery.blogspot..../ "> Oil Is Mastery. And learn the truth about oil.