svkoho

Peak Oil, Crude Price and Equity Correlation

Shorting crude is risky behavior and the idea that crude could ever return to $50 is preposterous. For a good part of the world $200 crude is still a bargain and exports from almost 90% of the world's exporting countries is still falling despite the price rise. I'd say that you can only draw one conclusion. Investing is frequently a zero sum game and one man's ceiling is another man's floor.