Update- June 2011 As forecast in the article below the IEA now intends releasing 60 million barrels. Unsurprisingly the announcement caught the market unawares. It has caused speculative dumping and has placed pressure on OPEC. Saudi Arabia, worried about a … Read the rest
Central banks, politicians and bankers have turned global investment arena into a casino
June 2011 PREDICTIONS are a waste of time in today’s volatile global markets. Rather than follow usually wrong central bank prognosis, economists’ forecasts, chartists’ configurations or charlatan … Read the rest
June 2008:- Those who believe that there aren’t shenanigans in oil and other commodity markets, should examine the giant silver bubble of three decades ago.
Texas oil tycoons, Bunker and Herbert Hunt, Saudi princes and other Middle Eastern associates, drove … Read the rest
June, 2008:- For some time Marketpredict.com has distanced itself from the crowd and has listened to veteran traders and analysts. They have warned about the dangers of massive speculative flows into the relatively small & illiquid commodity markets.
With oil … Read the rest