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Oil is not in a bubble
Christopher Galakoutis
Sunday, July 20 2008 10:35 PM
I find it quite comical that, after last week’s correction in the oil market, several talking heads on US television are calling for a continued decline down to the $70-80 level. Apparently there is this magical supply spigot that can be turned on and crash the price.  It is not clear ex...

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Gold gearing up
Christopher Galakoutis
Wednesday, July 9 2008 10:54 AM
That the US dollar can rally on the back of a Euro zone rate increase last week speaks to an absolute market delusion. The market chose to focus on the dovish statement from the ECB, which was construed as dollar friendly, in that it is believed the ECB will now go on hold and raise rates no more....

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