I have been talking about the rebound in oil prices. This week oil prices moved above 57 dollars. It may not sound like a lot, as we were paying 100 dollars a barrel but oil bottomed out at 42. So, percentage wise, that`s a pretty big move. And I think we are forming a very, very sizable "W" bottom in the oil price.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Blog Archive
-
▼
2015
(344)
-
▼
April
(22)
- U.S. Economy: GDP Report Is Even Weaker Than It Seems
- A Bearish Case For Apple (AAPL)
- Economic Data, Stocks & Foreign Exchange
- Canadian Dollar Outlook
- "W" Bottom In The Oil Price
- The Consensus On The U.S. Economy Is Wrong
- The Federal Reserve Will Tolerate Inflation
- U.S. Economy: More Bad Data (Housing Starts)
- Video: When Will The Federal Reserve Raise Interes...
- The Dollar Is Going To Fall Off The Edge Of A Cliff
- Video: Forex Outlook
- Traders Are Wrong In Making Bullish Dollar Bets
- Gold Is Strong Even In A Strong Dollar Environment
- There Is A Lot Of Strength In The Gold Market
- A Bullish Signal For Gold
- European QE & QE4
- U.S. Economy: The Fantasy Is Going To End
- Markets: The Next Crisis
- U.S. Economy: A Dismal Jobs Report
- The U.S. Dollar Rally Is False
- Oil & Gold: Searching For A Bottom
- Currency Markets Are Prepared For The Opposite Of ...
-
▼
April
(22)