The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
by: Stephen Leeb, Glen Strathy
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Product Description:
In The Oil Factor, Stephen Leeb accurately predicted the current oil shortage and showed how savvy investors could profit. But now the world is facing an energy crisis of unprecedented scope, and the recent surge in oil prices is only the tip of the iceberg. With meticulous research and analysis, Leeb shows that due to strong competition from India and China for the world?s oil reserves, prices could soon top an astounding $200 a barrel, bringing an economic collapse that most countries and investors are ill-prepared for. Now in this groundbreaking book, Leeb shows how this crisis will affect you, but how savvy investing can turn these dire times into financial gain.
In The Oil Factor, Stephen Leeb accurately predicted the current oil shortage and showed how savvy investors could profit. But now the world is facing an energy crisis of unprecedented scope, and the recent surge in oil prices is only the tip of the iceberg. With meticulous research and analysis, Leeb shows that due to strong competition from India and China for the world?s oil reserves, prices could soon top an astounding $200 a barrel, bringing an economic collapse that most countries and investors are ill-prepared for. Now in this groundbreaking book, Leeb shows how this crisis will affect you, but how savvy investing can turn these dire times into financial gain.
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Customer Reviews
Average Rating:

Rating:
- Poorly written
The author is very arrogant, self centered, and thinks he is the only person in this country knowledgeable of the world economics.
Rating:
- Leeb's Thesis
Not the first time that Dr. Leeb has expounded this idea, but well researched and clearly explained. He is often correct in his market insights.
Rating:
- Every ill in the world can be attributed to energy
I bought the audio book version and was only able to listen to about half of it.I couldn't finish it as it repeated itself constantly.
Basically what I have taken from the author is that every civilization and empire that has failed did so because of energy supply problems.Forget corruption, forget fiscal irresponsibility or anything else just chalk it up to energy supply issues.Conclusion is the collapse of the American Empire will be the result of energy supply issues.
... Read More
Rating:
- Some good advice, but need more analysis
I read this book based on a recommendation by someone who was bullish in investing in Gold. Thefinancial crisis (2008) has also catapulted the author to a series of media interviews. As others have already observed, the actual investment advice came only in the last three chapters. Much of the book devoted to building up the author's credence in analysing past periods of high inflation and volatile investment environment in the 1970s. In light of the current financial crisis, some of the author's ... Read More
Rating:
- Maybe or Not
I wish he saw the credit market collapse and subsequent bailout. I'm off topic, i know, sorry. Regarding oil, hind sight is 20-20. After reading the book i in summer '07 i went off to my CFA and got this take:oil prices are being fueled by speculators, in inflation adjusted numbers it's still less (even at $100 plus) then the spikes in the early 80's, Not to worry the price will come done. Now with oil at 90 plus (10/08), my CFA has proven correct at least in the short term.
The book ... Read More
- Poorly writtenThe author is very arrogant, self centered, and thinks he is the only person in this country knowledgeable of the world economics.
- Leeb's ThesisNot the first time that Dr. Leeb has expounded this idea, but well researched and clearly explained. He is often correct in his market insights.
- Every ill in the world can be attributed to energyI bought the audio book version and was only able to listen to about half of it.I couldn't finish it as it repeated itself constantly.
Basically what I have taken from the author is that every civilization and empire that has failed did so because of energy supply problems.Forget corruption, forget fiscal irresponsibility or anything else just chalk it up to energy supply issues.Conclusion is the collapse of the American Empire will be the result of energy supply issues.
... Read More
- Some good advice, but need more analysisI read this book based on a recommendation by someone who was bullish in investing in Gold. Thefinancial crisis (2008) has also catapulted the author to a series of media interviews. As others have already observed, the actual investment advice came only in the last three chapters. Much of the book devoted to building up the author's credence in analysing past periods of high inflation and volatile investment environment in the 1970s. In light of the current financial crisis, some of the author's ... Read More
- Maybe or NotI wish he saw the credit market collapse and subsequent bailout. I'm off topic, i know, sorry. Regarding oil, hind sight is 20-20. After reading the book i in summer '07 i went off to my CFA and got this take:oil prices are being fueled by speculators, in inflation adjusted numbers it's still less (even at $100 plus) then the spikes in the early 80's, Not to worry the price will come done. Now with oil at 90 plus (10/08), my CFA has proven correct at least in the short term.
The book ... Read More
