Saudi Arabia does not have the capacity to keep oil prices. Realistically they have one to two million barrels excess capacity and any attempt to use it over a long period would damage their oil fields.
Are Conditions In Place For A Coal Stock Rally? [View article]
The Chinese real estate implosion is well under way and the government stated that they shifting their focus to stimulus. No need for stimulus if the economy is chugging along ...
Are Conditions In Place For A Coal Stock Rally? [View article]
The reality is that most traders over-react and exaggerate the importance of foreign markets. The European economy is far more susceptible to US economic gyrations than vice versa.
The US exports a far smaller percentage of its GDP than Europe.
And no, the US economy is strengthening. Look at credit growth, employment, the pick up in housing and another 100 variables.
The only good thing about traders is that the excessive volatility that they create in the market leads to some rather attractive inefficiencies in pricing.
Iceland is totally different from Greece. Neither corruption nor tax evasion are problems there. Moreover, the Icelandic population is much better educated than the Greek population.
Why Oil Will Soon Start To Rally [View article]
Why Oil Will Soon Start To Rally [View article]
All of these countries have seen their oil production decline by at least 35% to 45%.
Such declines are not irreversible because the easy oil is first extracted.
Why Oil Will Soon Start To Rally [View article]
That is how I discovered that crude oil production had plateaued.
Why Oil Will Soon Start To Rally [View article]
Crude oil is not equivalent all liquids.
Why Oil Will Soon Start To Rally [View article]
So please explain how a tracking device can raise the spot price of Cushing oil ...
The Current U.S. Stock Market Collapse Makes No Sense [View article]
Eat your heart out ...
The Current U.S. Stock Market Collapse Makes No Sense [View article]
In your social democracy it is impossible to make that move taxes will keep you down.
Germany's big break was the 2002 reforms, which made the economy more liberal.
The Current U.S. Stock Market Collapse Makes No Sense [View article]
I think you are fear mongering ...
Spain: A Very Different Fiscal Crisis [View article]
Moreover, the US dollar is very strong against a number of currencies, including the EURO.
Spain: A Very Different Fiscal Crisis [View article]
In fact, the ECB has already violated its charter by buying Spanish and Italian and Greek bonds.
Are Conditions In Place For A Coal Stock Rally? [View article]
Are Conditions In Place For A Coal Stock Rally? [View article]
The US exports a far smaller percentage of its GDP than Europe.
And no, the US economy is strengthening. Look at credit growth, employment, the pick up in housing and another 100 variables.
The only good thing about traders is that the excessive volatility that they create in the market leads to some rather attractive inefficiencies in pricing.
Europe: 'Cuts Aren't Working; Let's Spend; Oh Wait' [View article]
Iceland holds no lessons for Greece.
Europe: 'Cuts Aren't Working; Let's Spend; Oh Wait' [View article]
How Germany Can Save The Euro [View article]