Posted by choop818 > 2014-12-12 12:19 | Report Abuse

Leno can be quite graphic but he makes sense. He is brave enough to put himself on a limb and invite derision. I'm sure he has saved quite a number of investors/speculators. SKPETRO with their billions in contracts and recently announced attractive dividend continue to be sold down. After reading Leno's explaination on the current oil crisis it makes sense. Dont understimate Leno's intelligence and research.

Posted by Lewis Lee > 2014-12-12 17:55 | Report Abuse

When oil price shoot up to 100 in the future, this idiot will tell opposite side of the story la ....
This idiot has zero knowledge of economic !
Leno, open your mouth and repeat word by word after me for the basic lesson :-
"supply, demand, supply demand, ....." x 100 times

hahahahahahaha

Posted by Up_down > 2014-12-12 19:21 | Report Abuse

Leno. Your explanation of oil crude oil crashed is really easy to understand. Those pros claimed the crash was cause by conspiracy theory, supply and demand, political la,...It was so confusing to a layman. wakaka

Posted by xiaoji > 2014-12-13 01:09 | Report Abuse

think other way,
those countries capable to pile stock should be able to sustain,
while those unable to do so, now will buy at lower price.
it's another way of balancing the wealth....

Posted by SS661M > 2014-12-13 10:23 | Report Abuse

How much oil will a country stock? For 6 months consumption? Or a year? Even if they are rich enough to stock for a year they will replenish the oil tanks when they are half empty, right? That's mean the crisis will end within 6 months, right?

Posted by calvintaneng > 2014-12-13 10:45 | Report Abuse

Haha,

Behind every cloud is a silver lining. When daylight is over nortunal creatures of the night like bats and moths will be active.
When recession hits businesses like pawn shops, car reposession, basic food like maggie mee, repair and recycle shops will thrive.
So one classes of shares in Bursa might crash, but if you know where to look you will find great value bargains now.

In Chinese the word crisis is a compound of 2 words
Ngai- Danger
Kay- Opportunity

In times of crisis or danger like now
There is OPPORTUNITY!

John Templeton made his fortune in such terrible times like this!
If only you Know How.

That is the TOP SECRET

HAHAHA. HAHAHA.

Posted by Shacks > 2014-12-13 11:48 | Report Abuse

Calvintaneng, can share the secret with our wechat group?

If yes, please give me ur wechat ID.

Thanks...