Increase In Oil Production From Shares & Gold’s Upside Has Been Impressive

The largest increase in new oil production has come from shale and that has arguably peaked, notes David McAlvany. He discusses the outlook for oil. He talks about how oil is stuck with the slowing global economy on the demand side and Chinese pressures on the rise. He highlights that price resurgence will raise inflation concerns. He then goes over gold, saying that for at least half of the global population, gold’s upside momentum through October was impressive. Tune in to find out more about the stock market today.