Like other strands of the economy, energy prices are closely tied to the rest of the global market, and extreme pressure on one will likely tug on the other. The pumping of unlimited fiat money from the Federal Reserve has artificially propped up the stock market, and given the false illusion of recovery – but what goes up must come down, especially when it is based on little else but a hope and a dream.

Oil Market Hype And Crisis Signal Greater Troubles Ahead

by Brandon Smith

Most people are not avid followers of economic news, and I don't blame them. Financial analysis is for the most part boring and tedious and you would have to be some kind of crazy to commit a large slice of your life to it.

However, those of us who are that crazy do what we do (and do it independently) because underneath all the data and the charts and the overnight news feeds we see keys to future events. And if we are observant enough, we might even be able to warn people who don't have the same proclivities but still deserve to know the reality of the world around them.

Most Americans and much of the rest of the planet probably was not aware of the recent oil producer's meeting in Doha, Qatar this past Sunday, nor would they have cared. A bunch of rich guys in white dresses talking about oil production levels does not exactly spark the imagination. What the masses missed, though, was an event that could affect them deeply and economically for many months to come.