The ceiling is the oil price above which the US debt market crumbles. The floor is the minimum price needed to grow oil supplies. The ceiling and the floor are squeezing closer and closer…This was another barn-burner of an interview you won’t want to miss.
by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity
One of the more difficult conversations to have even with the most sophisticated of investors, is in the connection between oil and the economy.
Either they don’t see it, or can’t see it, or don’t want to see it.
Luke Gromen has no such trouble.
[…] He’s one of the more respected financial analysts and observers out there, and today we collect his deep insights into the energy markets, gold, and, importantly (financially speaking), the most likely path the Fed and US Treasury Department will be forced to take.
Those entities are now in a box canyon of their own making. The decision is now down to (a) protect the dollar or (b) protect the bond market.