October 6, 2008
With the major bailouts in the US and Europe (the latest being the bailout of Hypo Real Estate by the German government), we are now hit with falling equities and commodity prices. Oil price has dipped below US92 per barrel today and I’m wondering if that means a further reduction in the price of fuel [...]
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September 5, 2008
Despite the insufficient demand of oil, the price of oil has gone down, which somehow defies economic theories. But the reality is that it can happen and it has. Because of this, most other commodities are going in the same direction.
I hope this will not be a long sustained angle. I still have high hopes [...]
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