Posts filed under “Energy”

Faber Says Oil, Stocks, Real Estate Are Overvalued

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"Stocks, property and commodities
are overvalued as an economic slowdown and inflation will
curb earnings growth and erode the value of assets,
investor Marc Faber said.    

Oil may have peaked after a 43 percent increase this
year, said Faber, the Gloom, Boom & Doom report publisher,
in a Bloomberg Television interview today. He said he
favors the dollar against the euro, as well as gold.    


"I don’t see any compelling value in equities, real
estate or commodities,” Faber said from Zurich. “Contrary
to the last 25 years, we are in a period of de-leveraging.
Corporate profits in particular are still far too high for
2009 and have to be adjusted downwards, and valuations
become less compelling.”



Stocks, Real Estate and Oil Are Overvalued, Marc Faber Says
Carol Massar and Alexis Xydias
BLOOMBERG, June 9 2008

Category: Economy, Employment, Energy

Gas Prices & Income, Nationally (by County)

Category: Energy, Politics, Wages & Income

Crude Oil = $139+

Category: Commodities, Contrary Indicators, Energy, Psychology

Jim Rogers: Crude Bull Market Has ‘Years to Go’

Category: Commodities, Energy, Psychology

Trichet 3, Bernanke 0

Category: Commodities, Currency, Energy, Federal Reserve

Uh-Oh: Economist Cover on Oil

Category: Commodities, Contrary Indicators, Energy, Financial Press

Boone Pickens: Speculation a ‘Scapegoat’ for Oil Prices

Billionaire Boone Pickens, founder and chairman of BP Capital LLC, talks about his investment in wind power, the impact of speculation and demand on oil prices and Microsoft Corp.’s efforts to buy Yahoo!

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Pickens Calls Speculation a `Scapegoat’ for Oil Prices: Video
Bloomberg, June 2 2008

Category: Energy, Trading, Video

NYMEX Raises Margin Requirements for Crude

Category: Commodities, Energy, Trading

Dallas Fed: Oil Heading Back Under Par

Category: Commodities, Data Analysis, Energy

Oil Exporters Are Unable To Keep Up With Demand

Category: Commodities, Energy, Markets