Tag Archives: Oil Bubble

Four Horsemen & $44 Oil

2015 Central America (147) Corozal, Belize - Corozal BayI predicted last winter – when oil was fetching $110/barrel – that we’d see $50 oil soon. Today – with bonds through the roof and a whiff of deflation dampening the Wall Street party – crude for October delivery looks set to close near $44. Continue reading