Detailed view for this entity.
“And if it declines to 95, then the market price could be $177 by the end of this year, which is near the higher end of where I think it'll actually end up.”
“The best measure of hate, frankly, is to find a commodity where the selling price of the commodity worldwide is less than the total cost of production, which means that all but the most efficient producers are out of the money. This is in effect an industry in liquidation.”
“Basically the less volatility there is in a market the more logical it will be. The more volatility the more that investors try and get ahead of that volatility by imagining what's going to happen next. And so they start engaging narrative and they start engaging emotion.”