The Principle of History. Knowing one’s history gives us guidelines and a basis to work from. So yesterday I began to compare the last Papa Bear market we lived through, 1973-1974, which encompassed the first really oil crisis, to today’s ongoing bear market and oil shock. I said I was printing...
OIL NOW AT $130! What will be the resolution of today’s high oil prices? The best, first approach in analyzing anything is to look back at any historical parallels we can find. The two oil crises of the 1970’s pop immediately to mind. Thus I just printed out a few online histories, including...