Technicals Pointing to $150 Oil and More Pain for World Economy.

#oil #OPEC #dollar #inflation #commodities #economy #stimulus #markets #technicalanalysis #trading #investing

Video Chapters:

00:00 Introduction
00:41 Producers hold back real value in an inflation
02:14 Blame Central Banks and Government for inflation
03:23 The Shah of Iran gives BBC reporter a lesson in economics
08:22 Technical look at the price of oil
13:22 Market update
16:02 Conclusion

Today we will not only look at the technical picture for the price of oil but also look at why the price of oil DOES NOT cause inflation.

We will refer back to the Shah of Iran and an interview he did with the BBC back in 1974 where he gave the BBC reporter a lesson in economics.

Shah Of Iran Critisizing Britain: https://www.youtube.com/watch?v=imil1iIpIYA

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