The spectacular rebound in oil prices in 2009 could be attributed to two major factors: fears of currency debasement that lead to excess hoarding and speculation; and discipline of well-oiled Opec members to cut production.
You already know from many publications that all tankers used to stockpile oil would form a line of 26 miles....
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Posts Tagged ‘ Currency ’
2010 Predictions: Oil
The Pissanti Report
By Ags Nightmare
Oct. 6 (Stool Pigeons Wire) ” Folks…the bulls can do no wrong…Australia cut rates!!! ( yep he said that )….. just look at Mosaic…they missed by a country mile…sales down, revenues putrid, earnings non existent….but they said things will get better and it’s up huge pre market…everyone is celebrating the demise of...
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Our universal fast-food chain
I hope that the global fast-food franchises is the American invention. Just to be proud about something. And I’m inviting to check the health of our biggest and most important franchise – the dollar.
Please keep in mind that United States is the only country in the world, which is not trying to push its...
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Zombie Economics
During his campaign for President in 1980, George Bush famously dubbed Ronald Reagan's platform "voodoo economics." He must have been on the right track for in its wake we now see the mythic creations of voodoo doctors walking among us- Zombies.We have Zombie Banks, Zombie Corporations, a Zombie currency and, if I may go...
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