Monday, January 5, 2015

“If Oil Drops To $40 The Geopolitical Consequences Could Be Terrifying”

from ZeroHedge:

In a recent interview with FuW, DoubleLine’s Jeff Gundlach explained his concerns about the oil market not being “unequivocally good” for everyone…
Question: The crash in the oil market is already causing jitters in the financial markets around the globe. What is your take on that?
Gundlach: Oil is incredibly important right now. If oil falls to around $40 a barrel then I think the yield on ten year treasury note is going to 1%. I hope it does not go to $40 because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be – to put it bluntly – terrifying.
What would that mean for stocks?
Read More @ ZeroHedge.com

5 comments:

Freewill said...

The sooner the economy crashes, the sooner we can rebuild it without the bankers and government being involved. Free energy and good health for all!!!

Anonymous said...

Seconded!

Anonymous said...

Do i Hear A Vote? ! Unanimous The Yea's have It !

Anonymous said...

If the economy crashes no one is going to rebuild it without the guberment and bankers involved, plus most Americans will be begging for guberment handouts and will do anything the gubs say. You sir are living in lala land.

Anonymous said...

Freewill 2 You are correct,Freewill you start from 0 , the only way to wright a new book . And the new book is in the GCR soon to happen. Do your research , go to this web site and read.----http//sovcpr,com