Deflation for Oil

June 1st, 2014
in econ_news, syndication

Chart of the Week

Written by , Online Trading Academy

By the symmetry of Elliott Wave Theory (EWT) a deep drop in the price of oil is projected to take place over the next six years or so. Of course, this chart could also be drawn with inflation adjusted data but if we are entering a period of debt deflation the inflation adjustments that would be applied to date (which would raise the curve already completed) will be offset to some extent by subtractions for any period in which deflation occurs. But, bottom line, if the debt deflation fundamentals play out, EWT projects that we will see much lower oil prices within a few years.

Video discussing this chart follows the Read more >> jump.

Follow up:




Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved