Remember the price signals thingy?

I do! I was reminded by this post over at Rick Moore’s:

Back when the economic crisis first hit at the end of September, Donald Trump predicted that oil could fall to $20 a barrel. Gulf Oil thinks that’s where it’s headed:


2 Responses to “Remember the price signals thingy?”

  1. James H Says:


    Should we be paying attention to what ANY market is saying right now? The wild shifts in prices, including oil prices and the Dow’s swaying, imply the markets are basically confused right now and won’t settle down until there’s a more certain economic policy in place.

    Next point: The downward shift in oil prices may be only a short-term pressure. In the long term, aren’t oil prices more likely to rise?

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