starkoski

Mid-Year Market Analysis: Treasuries, Gold, Crude, Equities

Richard,
Do you understand the concept of peak oil?? Have you factored any of its merit into your calculations? The decline rate of the world's oil fields is about 4 MBD/year and this will have the excess supply cleared out and demand exceeding supply very strongly in the next few years. Yes - oil price will go down as the markets correct but due to the structural decline curves and hyperinflation (monetary response) - oil is going to go way up in the future. Please comment on this.

The Oil Bubble Will Meet the Same Fate as Tech, Housing

Jason, you were probably saying the same thing back when oil was $70/barrel. Well you better learn about Peak Oil or you will be doomed and will end up disgraced, broke and destitute. And not fun to hang around with either.