sculptor

Gaza War: Expect a Spike in Oil, Gold

You say "Higher oil prices will be the death knell for the recent modest rally in global stock markets and the impact of higher energy costs "

I partially agree, but certain sectors will do great on higher oil, My coal stocks, my solar, wind, geothermal, are flying high. The secret to the economy is energy. High energy is a "cost" to drag consumer spending, yes, but it "spurs" other spending. The psyche of the economy will never be the same after $147bbl oil, and learning about peak oil issues,

I think that to suceed in the comming decade, we should forget about dollar valuation, and only consider energy valuation, oil as currency also electricity(coal)....t... about it, it where food comes from( i calorie food - 10 calories fossle fuel), where metals and materials come from(energy the rent ore rom the earth and smelt), how goods are shipped back and forth in our global efficient markets. I personally value everything (including gold) as to its value in oil bbls or btu's expended/gained. once you do that you know how to price most commodities and alot of stocks in this market.