waf76

Oil's Breakout Above 2009 High: Double Dip Indicator?

Its the combination of a recovery coupled with the debasing of the USD which will push commodities higher. If commodities get ahead of the economy they will snap back but not hurt the recovery. It will merely be a consolidation of positions before commodities are pushed higher again.

How $30/Barrel Oil Could Save the World

Regulated $30 a barrel oil is a pipe dream. Iran doesn't nearly influence the price fluctuations of oil as you speculate. I don't doubt that they are trying to acquire a nuclear weapon but I don't think the world would change much if they actually achieved it, maybe less wars in the Middle East, less imperial interventions, thats about it. I don't see how they have acted irrational. If I'm a country being threatened with being bombed by the country in the world who spends more money on the military than everyone else in the world combined than I would be looking to protect myself too. Not to mention being threatened by Israel, who's known to have approx 100-200 nuclear warheads. Us Americans like to think we control the world and we once were heavily respected but we relinquished a lot of that power long ago with our series of blunders.

The Battle of the Forces: Reflation vs. Deflation

You can use temp employment as a leading indicator, that would be more precise.