Rogers argues that Gold will go to $2,300 and Oil to $200
Or was it the other way around..
Or was it the other way around..
Now here are a few (actually, quite a bit more) interesting point to ponder over. For instance, what is more realistic to cash strapped US consumers: buying an expensive new […]
Oilfields decline on average at 6.7% a year (according to the IEA), the trillion dollar of investment needed just to replace that is not materializing…
All the major existing oilfields are in decline (or soon are to be in decline), sometimes even steep decline. New oil is largely unconventional and needs much higher prices to […]
You could have read many of the same arguments here the last couple of months, so it’s a nice summary. Those decline rates in the big oilfields are quite scary, […]
If it isn’t, the time is nearing…
Here is a good article about the oil market. As we argued quite a few times before, no matter how big the demand problems seem to be at the moment, […]
OPEC is playing a dangerous game with the world economy as falling energy prices were one of the few bright spots.