Crude oil prices surged to a 12-month high above $80/barrel Wednesday as the U.S. dollar tumbled to a 14-month low, prompting investors to embrace hard assets such as oil and gold. (Oil prices slipped under $80/barrel Thursday as the dollar enjoyed a reprieve from its recent rout.)
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Monday, October 26, 2009
Saturday, October 24, 2009
Oil Cheap Relative To S&P says Expert
S&P oil price ratio
Oil plays such a fundamental role in the economy; The S&P needs to gain 55% to keep in line with historical data.
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Friday, October 23, 2009
$85 Oil and the Markets
What $85 oil would mean to the markets, with Jack Albin, Harris Private; Tom Lydon, ETFTrends.com; Scott Redler, T3live.com.
Tags: Oil Energy China Depletion Devaluation Dollar Federal Inflation Oil Paul Reserve Ron Ben Bernanke FED Gold Jim Money Rogers American Bernanke Bush Ci False Fema Flag Gas Military New North Opec Order Street Union Wall World Bartiromo Business CNBC Maria OIL Builders Euro Home Investing Market Soros Stock Yen Yuan
Tags: Oil Energy China Depletion Devaluation Dollar Federal Inflation Oil Paul Reserve Ron Ben Bernanke FED Gold Jim Money Rogers American Bernanke Bush Ci False Fema Flag Gas Military New North Opec Order Street Union Wall World Bartiromo Business CNBC Maria OIL Builders Euro Home Investing Market Soros Stock Yen Yuan
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