9/22/11

Time to buy oil futures

Several day ago I showed that oil price had fallen below expectation in August. Today oil price has been falling since the very morning  and now  is approaching $80 per barrel. We predicted $70 in December 2011.  Thus, oil price has to grow again and it's good time to buy futures.

No comments:

Post a Comment

Giffen tarrifs - "Nobel Prize" goes to Trump

There is a famous economic chimera  - Giffern goods. This term means that the increase in price leads to increasing demand for this goods. T...