16.06.2014 - You Don't Know the Price of Oil, and Neither Does Anyone Else
A couple days ago, I read a fascinating piece by an analyst who predicted that the price of oil would plummet. He covered every possible angle that supports this idea: increasing short positions, fiscal policy changes, increasing production in the U.S. and in other parts of the world, and slowing demand in Organization for Economic Cooperation and Development nations, to name just a few. The article went into extreme detail on each of these points and explained why they were a signal that oil was headed nowhere but down...............................................Full Article: Source
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