Tuesday, February 3, 2015

Massive Oil Deflation

Here Mike Maloney gives a talk to Russian bankers, back in 2010. It's a bit spooky how prescient he is, and he tells them that 'this is the most important information that you're going to see in your lifetime':

https://www.youtube.com/watch?v=wdKXXKyaBvw

Oil is down just as he predicted. Next leg to the crisis coming soon!

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