Marin Katusa on oil dependent economies and gold
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ORIGINAL AIR DATE: APRIL 27, 2016 Boom Bust’s Ameera David interviews Marin Katusa, chairman of Katusa Research and author of "The Colder War: How the Global Energy Trade Slipped from America's Grasp”. Marin outlines what kinds of changes should we expect given an IMF-estimated loss of oil revenue of $930 billion in 2015 and 2016 in oil dependent economies in the Middle East. Marin also outlines how the oil market is shaking up over the longer-term given the present supply glut. And he gives a super long-term outlook in response to comments by Wood McKenzie that we will eventually see another oil structural supply shortfall. At the end of the interview, Marin also highlights why he is bullish on another natural resource, gold. Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT Follow us @ https://twitter.com/AmeeraDavid http://twitter.com/edwardnh https://twitter.com/BiancaFacchinei
Comments
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marin is wrong. It has been investigated that crude oil is traded in the unregulated ICe futures exchange. so it prone to manipulation.
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if Russia cuts output and cooperate with OPEC then crude will only go above $100
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what is puzzling is that most of the crude cil is unprofitable below $100 then why is the price for a barrel of crude still below $50? i think goldman sachs is manipulating the trade so as to elect hillary. clinton
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I like the interview except for the fact that Marin is giving this interview sitting in Canada which has unfortunately sold all of its reserve gold!!!
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excellent interview.
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16:10 i like how Ameera is challenging her guests points of view
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Marin is about the best analyst out there for the resource sector. Guy tells it like it is and is not of these perma bulls like Peter Schiff who is always screaming for commodities go up with zero regard to supply and demand and macro economic events.
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We want more interviews with Marin, he explains everything very clear, he´s a smart guy
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Marin Katusa is a genius.
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Gold is all well and good but you'll get a greater bang for your buck with silver. And even better than that is bitcion. Last recession gold went up about 70% while silver went up 260%. Bitcoin wasn't really a thing back then but it has demonstrated a tendancy to increase when governments and banks destabilize and rob their citizens. The events in Cyprus a few years back and Greece last year both pushed bitcoins up and when those events come more and more often over the next few years the effect should be pretty dramatic. I'm expecting a 20 or 30 fold increase in the bitcoin price as people lose confidence more and more in governments and the legacy financial system. I plan to make a nice profit on silver but bitcoin is going to blow those profits out of the water.
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Prepare: keep stacking food, gold, silver and bitcoin, anything of limited supply.
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