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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,221 posts
Posted by ks55 > 2014-12-14 11:54 | Report Abuse
Caution! Be Cautioned!! All Investors in SKPetro Be Most Cautioned!!!
This is a very important read... Probably the most important read that you would have for the rest of the year. If you look at the US charts, the slump has still got a long way to go with multi year growth cycles. Oil production in the US rose from 4.7m to 8.9m in 4-5 years. There is no market for light sweet crude.
In a way, uncle Sam has also bailed out Chinese demand and will drive down global inflation for years to come.
Run for the hills. The oil slump is here.
How Crude Oil’s Global Collapse Unfolded
Tracing the Plunge In Oil Prices Back to Texas
http://www.wsj.com/articles/tracing-oil-price-plunge-back-to-texas-1418404579