I’ve been getting a lot of calls and e-mails from people asking about the falling prices for oil in recent weeks. The immediate explanation is that world economic activity is decelerating. Demand is falling. OPEC announced cuts in output. But the markets still believe that economic decline will trump the ability of OPEC to prop up the price of oil. Enjoy it while it lasts.
November 19th, 2008 | Byron King | 15 comments | ContinuedAll Posts Tagged With: "global warming"
An Old Friend With a New Idea on Global Warming
Global warming is much more of a threat than I thought. Apparently, there is much less dispute in the scientific community on this subject than we thought.
July 18th, 2008 | Bill Bonner | 25 comments | Continued
Global Warming and the Children of Israel
Since we have so little market news to report to you, we will take our quest for truth and beauty to other areas: global warming and the children of Israel for example. Both are touchy issues. In Europe, if you say you are skeptical of global warming, they look at you like a lion at a Christian.
May 28th, 2008 | Bill Bonner | 8 comments | Continued