Toxic Mix: Bad Debts and Blowhards



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Toxic Mix: Bad Debts and Blowhards

For a while it looked like one country in particular was going to crash the world economy.
The outlook for the mighty European Union seemed to centre on what happened in this tiny economy built on holidays in the sun and olive oil.
It was in distress. The government had no money.
The post Toxic Mix: Bad Debts and Blowhards appeared first on Daily Reckoning Australia.

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Why Oil Could Be on the Way to $150 a Barrel

Here’s a fact I bet you didn’t know…
Every $1 upward movement in the price of oil increases the earnings of BHP’s petroleum division by US$64 million.
Isn’t that incredible?
Well, if I’m right in the following analysis…
Oil is set to go from US$67…to $150 per barrel.
The post Why Oil Could Be on the Way to $150 a Barrel appeared first on Daily Reckoning Australia.

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