Equities are off, the dollar's ascent has been stopped in its stride and sentiment has turned sour after the EU retaliated to the the Trump tariffs with a raft of levies of its own.
Squawk / 25 May 2016 at 14:13 GMT
CEO / Rhodium Master India
I want to re post my old post that I did on 26th Jan-2016.......

Hard to get for me that why all are singing song of Crude Oil when its trading around 28-32 $....
Agreed, China, the only one in 100's, non opec producer, UAE , Soudi Arabia...etc...etc...are the reasons for downward movement in crude........But who knows.....

1. China growth is to stay lower & lower & lower for years to come?
2. What about geographical tension creators roaming around every corner of the World?
3. Has The World already developed the substitute for Crude Oil which is economically viable & applicable all around?
4. Are all countries capable of developing and using new technologies for their energy requirement?
5. What about currency war?
6. Who knows only TWO countries can move up Crude Oil to 150 $ / barrel?

rhodium rhodium
7. Suppose it get down to 20 $ ( as Mr. Ole presented just before provided break 27.18 level) how much would be the % less in present value? Just 33 %........right? possibility is not more than 20% to see 20 $.


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