Oil Could Hit $300 And Uranium Could "Double Or Triple": Doomberg
quoth the raven's Photo
by quoth the raven
Thursday, Nov 11, 2021 - 8:39
Submitted by QTR's Fringe Finance
This is Part 1 of an exclusive interview with Doomberg, the collective that runs the Doomberg Substack. During this interview series, we discuss oil, Bitcoin, the coming Fed chair swap, fiscal policy, politics, uranium and more.
Doomberg publishes skeptical analyses through the hard money/Austrian lens and its objective is to be funny without being silly, to teach without being self-indulgent, and to provoke without being polarizing. They publish 10-12 pieces a month, which you can read for free here.
Q: Hi, Doomberg. Thanks for joining me. I love reading your blog. Can you briefly describe why you proposed oil could go to $300? Was it a joke or serious?
A: Our piece on oil was quite serious.
Policy makers in the U.S. are running an unprecedented experiment and actively working to reduce supply – although the administration may be changing its tune on that recently. At the same time, demand for fossil fuels is growing beyond pre-Covid levels.
https://www.zerohedge.com/news/2021-11-11/oil-could-hit-300-and-uranium-could-double-or-triple-doomberg
