John50

Chart of the Week: Gold

The channel is incorrectly drawn, so the breakout conclusion can only be faulty. Gold is still in a downtrend, and this guy is just selling his book.

Where Have All the Peak Oil Believers Gone?

While I agree that pundits often over promote a late trend in price, the title of the article is about supply, and the author incorrectly mixes the two. I really am not convinced on his opinion that peak oil (supply reduction), can be dismissed by a cyclical price retracement.

I am surprised that this article was even published here. It is just opinion and takes a disingenuous negative approach to create controversy. Is this official BP propaganda?