Roowns

Is the Bull Run in Commodities Over?

My opinion is that currently it's a downtrend in oil with small uptrends on the way like the one we had in the past 2 weeks or so.
I expected oil to drop a lot more faster, but today with -7% or so it confirmed my theory.
Still I don't see stock market to perform after this is over. It's more like a confirmation of global recessionary impact.

Just a Commodities Correction - Not the End of the Bull (Part 1)

Maybe population uses more oil than the planet can produce but the TRUE is the planet can't support a sharp increase in oil price, especially USA.
That's why for every increase in oil price dollar go down keeping a more reliable price for the commodity and keeping oil cheaper. But that's not all, inflation increase is another story telling the planet can't support the price of oil, so if oil rise everything else rise making the oil price increase useless.
People realized this and oil dropped, you guess, with a dollar rally :)

Price of oil it's just a speculation, it has nothing to do with the real economy.