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  • Man who nailed 2015 oil plunge is predicting a dismal 2016

    From marketwatch.com

    As oil-battered investors say farewell to 2015, Tom Kloza, founder and global head of energy analysis at data firm Oil Price Information Service, or OPIS, is offering a pretty dour outlook for crude-oil prices in 2016. Kloza is predicting that West Texas Intermediate crude-oil futures traded on the New York Mercantile Exchange CLG6, +1.28% will hit $32 a barrel. On Thursday, the final day of the trading year for markets, WTI crude prices were at $37.76, or 3.6% higher. But over the longer term, Nymex-traded oil, the U.S. benchmark, has lost 30% of its value in 2015, while Brent crude, its European counterpart LCOG6, ... (full story)

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  • Comment #1
  • Quote
  • Dec 31, 2015 5:54pm Dec 31, 2015 5:54pm
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 1433 Comments
http://www.cnbc.com/2014/11/26/bottom-for-oil-in-2015-is-35-kloza.html
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
  • Comment #2
  • Quote
  • Dec 31, 2015 6:16pm Dec 31, 2015 6:16pm
  •  8fingers
  • | Membership Revoked | Joined Oct 2008 | 172 Comments
nice link Fool.
FF = Forex Faggots
 
 
  • Comment #3
  • Quote
  • Dec 31, 2015 8:26pm Dec 31, 2015 8:26pm
  •  Guest
  • | IP X.XX.247.185
It's odd that nobody ever talks about real reason for oil plunge price. It's the simple fact that ISIS (CIA/MOSSAD) is flooding the world with Iraq oil through Turkey to Israel, where its auctioned for less than $30 a barrel.

Free oil, dumped on the world, where only Putin steps up to stop the practice, as the cheap oil is killing Russia.

The fact that this is going on and that USA & Israel knowingly are running the operation, show that the entire 'Goldman Sachs' system is broken, and that Corporate Anarchy "Kleptocracy" is the law of the World.
 
 
  • Comment #4
  • Quote
  • Jan 1, 2016 3:50am Jan 1, 2016 3:50am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
Oil to go to below 12 usd/barrel Saudi Arabia and OPEC to disappear. Oil to disappear as a major energy source. Israel to increase its territories 12 fold.
So says Nostradamus ...
 
 
  • Comment #5
  • Quote
  • Jan 1, 2016 4:27am Jan 1, 2016 4:27am
  •  Stockman
  • | Joined Oct 2014 | Status: Member | 116 Comments
Long USD, short gold until the end of the world, dollar heading to 140, gold to $400 next year.

Don't fight the FED, the USA's currency will destroy the world, they will then print free monopoly money to buy up the left overs

If I had my choice, I would nuke the USA until every last on of them is gone
 
 
  • Comment #6
  • Quote
  • Jan 1, 2016 8:32am Jan 1, 2016 8:32am
  •  edyraper
  • Joined Dec 2014 | Status: Klugscheißer | 119 Comments
When you are wrong no problem .... But When you are right hell yeah ...
 
 
  • Comment #7
  • Quote
  • Jan 1, 2016 8:48am Jan 1, 2016 8:48am
  •  gc44
  • | Joined Apr 2015 | Status: Member | 517 Comments
Quoting Stockman
Disliked
Long USD, short gold until the end of the world, dollar heading to 140, gold to $400 next year.

Don't fight the FED, the USA's currency will destroy the world, they will then print free monopoly money to buy up the left overs

If I had my choice, I would nuke the USA until every last on of them is gone
Ignored
crazy is good!
 
 
  • Comment #8
  • Quote
  • Jan 1, 2016 10:54am Jan 1, 2016 10:54am
  •  Darkforce
  • | Joined Feb 2011 | Status: Member | 38 Comments
Quoting Stockman
Disliked
Long USD, short gold until the end of the world, dollar heading to 140, gold to $400 next year.

Don't fight the FED, the USA's currency will destroy the world, they will then print free monopoly money to buy up the left overs

If I had my choice, I would nuke the USA until every last on of them is gone
Ignored
Good joke for the new year, hahaha, I enjoyed it, man
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.188.113
Join FF
  • Story Stats
  • Posted: Dec 31, 2015 4:36pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 8  /  Views: 5,759
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