Reminds me of Goldman Sachs "Oil will be at $200barrel" note of 2008 when crude was 147$. It made the top around those days and after that crude fell to 30$ in 2008.
Oil at $500/bbl in 2030? Possible? Read on (Courtesy a note posted by @riteshmjn )
-Currency Research associates came out with a note in October, where they predicted a $500/bbl oil price in 2030, which was posted by Ritesh Jain a few days earlier. They argued that their bullish long-term outlook for oil prices (predicting a potential +60% rise in the gold/oil ratio, and extreme scenarios like oil reaching $500/barrel by 2030) did not rely on unexpected geopolitical events, such as the unforeseen attack on Iran on February 28, 2026, which caused a recent oil surge.
Critically, the IEA highlights an imminent risk of "Global Peak Oil" supply due to natural decline in existing fields (geophysical limits after ~50% extraction, with accelerating decline rates averaging ~6% per year across thousands of fields). They argue, without massive new investments in production and extraction methods, global oil output would decline sharply. For reference, in 2024, 80% of oil and 90% of gas production came from post-peak fields, with declines accelerating and already equating to a ~6 million b/d annual loss relative to global needs (106 million b/d). This supply-demand mismatch (demand growing or stable, supply at risk of peaking/declining without huge capex) supports the view that oil prices could rise dramatically in 2025โ2026 and beyond, with historical precedents for +1,150% gains occurring twice since 1970.
The Big Short๐จ
FPIs Mount Largest Bearish Bet on India
With record shorts in F&O, FPIs signal full-blown bear-market wager
Positions eclipse COVID levels as global money braces for deeper pain
views @indiacharts
read in @BWBusinessworld@anuragbatrayo
https://t.co/U7mnY4kM7D
Have seen 100s of tweets in last 24hrs. No1 is bullish on India/INR/Equities. Almost all tweets are bullish on Gold/Silver and targets are $10000/$300 respectively.
Which asset has performed recently and which asset gave zero returns in last 500 days?
Almost everyone eventually gives up against capitalism/incentives. This is not-so-good side of capitalism. How shrewdly corporates have handled him. World is governed by incentives. They would've gone after him only if incentives didn't work.
People think I am some Hitler who never touches junk food and scolds my friends for ordering dessert.
The truth is, Iโm not that person.
Even though I have built a movement around reading labels, not falling for misleading marketing, and making healthier food choices, I do eat ice cream and go out for dinners.
My problem was never with junk food.
My problem is with junk food pretending to be healthy.
Thereโs a difference between eating something for joy and eating something because you were lied to.
One comes from choice.
The other from manipulation.
So if youโre having that chocolate, burger, or ice cream once in a while, itโs okay. These can all be a part of an overall healthy diet. Just donโt fall for fake โhealthyโ claims.
Food should make you happy, not guilty, and sometimes, the healthiest thing you can doโฆ is just enjoy it.
Love and positive aggression,
Revant (Food Pharmer)
India has largest population in the world & all it can do is manage few hundred thousand X propagandists to jerk around a poll? Too funny. America: look at how foreign interests use our social media to advance their agenda.
@MysticWealth11@curiouskosha@dayadeshp@ksvinayak Very well put and very true. Ofcourse one can get out of comfort zone and try to develop new personality trait but usually its v difficult (and not enjoyable). Knowing ur strength and weakness is key for success - narrows down priorities asFOCUS is key for success.
Warren Buffett: "I would focus on the things that have been good in your life โ rather than the bad things that happen. Bad things do happen, but it can often be a wonderful life."
The biggest problem ailing the US is now the current administration- the same "China cannot be trusted" syndrome is now applicable to the US. The whimsicality, the changing on a dime, the arrogation of power in policy making, has resulted in investors (not so) quietly