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Here's Why Oil And Gold Are In Big Trouble

Rising real yields will push gold and oil down trumping supply and demand for oil. Oil faces a further recession and demand risk and gold faces lower inflation risk. Click here for more. ....

Oil Price , Oil Pumps And Rig At Sunset , Labyrinth Consulting Oil Price , Seeking Alpha , Louis Fed , Fed Balance Sheet , Money Creation , Conference Board , Labyrinth Consulting ,

Detailed text transcripts for TV channel - CNN - 20100720:11:11:00

Labyrinth consulting services and a contributor to oildrum.com. art, thanks for being with us this morning. first, let s ask you about this static kill operation, very similar to the top kill more than a month ago except now the top of that well is capped and we wouldn t see mud spewing out from it. the question many people have, with this relief well so close to being completed, why undergo this static kill operation? or at least even think about it? well, i think the reason that they re considering it is because they ve yet to intercept the well bore. they re very close, a few feet away with the relief well, as everyone knows. but to actually intersect the seven-inch pipe does involve a bit of technology and accuracy, whereas if they do the static kill through the existing well bore at the top, there s less uncertainty about their ability to actually get the mud into the pipe. basically they know where it is and it is very easy to get mud into a place where you know ....

Static Kill Operation , Labyrinth Consulting , Oildrum Com , Mud Spewing , Well Bore , Relief Well , Pumping Heavy Mud ,

Detailed text transcripts for TV channel - CNN - 20100720:11:16:00

Already leaving the gulf of mexico, going to other countries. they won t come back until contracts are over there. so this is really quite a serious issue for all of the people that are involved in the oil industry and the various service industries that provide them with the things that they need. there s also then estimates by the department of energy that suggest that we re going to see something like 80,000 barrels a day less oil in the future, or more, because of this moratorium. so we re going to be importing more oil as a result of the moratorium as well. inevitably potentially prices could go up as well. arthur berman from labyrinth consulting, thanks for spending time with us this morning. kiran? still ahead, it is a cnn exclusive. correspondent deb feyerick asks the developer of an islamic center and mosque two blocks from the world trade center why that spot and why now. ....

Gulf Of Mexico , Oil Industry , Service Industries , Department Of Energy , Labyrinth Consulting , Arthur Berman , World Trade Center , Kiran Chetry , Deb Feyerick , Cnn Com Amfix ,