GoldWize

Falling Oil: The Giant Global Tax Cut

Oil production is slowing because we're on the brink of peak oil. It's
okay to short this for now, but don't get caught long term short. Just
like in the seventies when we hit U.S. peak oil, there was a national
recession. Now, we've hit global peak oil. There has to be a world
recession, maybe even depression, to keep oil use at a sustainable
level. You know what that means. Less sushi, more Ramen.