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Breaking Bad! WTI Crude Oil Falls Below $44, Inflation Keeps Dropping

West Texas Intermediate Crude oil just fell below $44. And The Fed’s 5 year forward breakeven inflation rate keeps falling with WTI crude oil prices. 10 more words

Banking

Look Out Below! WTI Oil Prices Below $45, 10Y - 2Y Yield Curve Slope Down To +126.75

Look out below!

West Texas Intermediate crude futures prices just broke through the $45 barrier down to $44.26. At the same time, the 10Y -2Y yield curve slope broke down to 126.75, less than half of what it was on January 1, 2014. 35 more words

Banking

Goldman Sachs sees oil dropping to $30 a barrel

Oil prices will probably continue to decline and could reach as low as US$30 a barrel, according to Gary Cohn, president of Goldman Sachs Group Inc. 234 more words

Black Gold Who? Or, How Much Oil Did You Say I Could Get for One Ounce of Gold?

You can buy twenty eight barrels of oil with an ounce of gold today. Thus sprach the market.

Here’s the gold-oil ratio since 1946. The market’s such a waffler, it should think before it spraches.

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