Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Honest Information, Profitable Trading

Durudarshan - Investment Analysis

My Blog


Oil price is far too high, despite accomodative policies

Posted on August 8, 2013 at 3:29 AM
For a continuation of the worldwide economic Recovery, in my opinion the price of Oil is far too high  - both WTI and Brent, which hit parity recently and have been both in backwardation on the far futures contracts.
The holding of or reduction of benchmark rates in accommodative policies is brilliant, and the only way forward.  The Australian Reserve Bank, U.S. Federal Reserve and Bank of England are setting the tone for continuation of Recovery.
Mr Raghuram Rajan has been appointed Governor at the Reserve Bank of India, and assumed his post there on 5th September.  In his name are coded the most fond Hindu wishes in Godhead, just as they chant Raghupati Ragav Rajaram.  Hope he will set policies to utilise the various fiscal tools he has at his disposal, and help renew expansionary growth in the Indian economy.  It is noted that he is a gregarious, media-friendly personality, so presumably the world will hear more about what he has in mind. 
Oil price at anything above $85 per barrel is too high, and will continue to slow down the world economies.  When people are unable to feed themselves and their children in Yemen and other places, most of the developing world I would surmise, it is time for the OPEC nations to pause and consider what would be best for everybody.  Growing unemployment in South Africa (over 25 percent) and other countries, where social security is not a state policy, does not indicate a robust world picture.  It is imperative that the Oil price be reduced, for continuation of worldwide economic Recovery, which in turn will be able to sustain infrastructure growth in the OPEC and other nations. 
Israel with an unemployment rate of over 25 percent could do with international goodwill for their technologically advanced products, and a peace in that region can only help bring the oil price down and help the economies in that region.  In a cooling off of tensions lies the way forward to peace and prosperity.
Enlightened souls who help govern the policies, the duty is yours to do the needful.
Kind regards,

Categories: Accomodative Stance., Best in the Industry, Branding, Cultural harmony, Divine Guidance, Egypt, Free Money and grants for U.S. citizens., Greece, Help for Indebted Farmers in India, Hollywood L.A., Homely Comfort, I would appreciate your comments, India's 14th 5-Year Budget., Interest Rate and the Economy., Investment Analysis and Management, Jobs and growth, Jon Bon Jovi, Rockstar, Humanitarian, a Heart of Love., Micro and macro - chocolate, fruits, money., Mr Maponya, a dream city in South Africa., Nature's Law, Nigeria, Oil price far too high, Oil Price, Interest Rates and Recovery, Selective Immigration, Spain, The price of Oil, The US Housing Market, Tolstoy's bread crumbs, Turkey, Utah, Website traffic streams, Welcome, West Bengal, Worldwide Economic Recovery, Zimbabwe - may it continue with fair policies

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply Top Quality Replica
9:29 AM on August 10, 2013 
We eventually again find time to spend with people who support and inspire us, and the ideas and visions in our minds demand to be let out.
Reply online casino
7:36 AM on August 12, 2013 
It is noted that he is a gregarious, media-friendly personality, so presumably the world will hear more about what he has in mind.
Reply cordless screwdriver reviews
6:03 AM on August 24, 2013 
Growing unemployment in South Africa and other countries, where social security is not a state policy, does not indicate a robust world picture.
Reply Stock Trading tips
11:01 AM on March 1, 2016 
The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog, looking forward for more contents...Great job, keep it up..
Reply himda
3:33 AM on December 27, 2018 
Thanks for sharing this interesting blog with us
download snipping tool windows 7
Reply beetalk apk
10:10 AM on January 8, 2019 
I think this is a really good article. You make this information interesting and engaging.