I think oil will be a good investment. I would wait for a bottom of $45 USD and then buy buy buy. The games that the west is playing with Russia is the root cause of this supposed 'glut'. Fact is there is no more of a glut now then when the price was at its high. Some serious money to be made off of crude.
Global economy is collapsing. After Oct. 2015, this will accelerate. There is an excess of supply in everything.
Massive deflation on the way.Yes. However governments will print enormous amounts of fiat to counteract that deflation, whatever it takes. Because they cannot allow their own sovereign debt to increase in real terms or they will soon find
100% of tax revenue is needed for interest on their debt. They have shown time and again that they will print, stealth-taxing their fiat holding public, to service their own debt first. That is the only choice of default that governments take.
Collapse in fiat means Bitcoin, and gold, UP.