Paul Hodges

Published on
May 20th, 2015
Topic
Geopolitics, Energy Commodities, Pension System
Duration
34 minutes
Asset class
Commodities

Paul Hodges

·
Featuring Paul Hodges

Published on: May 20th, 2015 • Duration: 34 minutes • Asset Class: Commodities • Topic: Geopolitics, Energy Commodities, Pension System

Paul Hodges, Chairman of International eChem, explains how central banks have hidden price discovery in the oil markets and explores the trends that led to the recent collapse in the price of crude with one wary eye on where the price may go from here.

Comments

  • CC
    Christopher C.
    20 May 2015 @ 17:35
    Amazing clarity. Monetary systems geared for inflation against a perpetual tide of demographics. How do you run existing monetary systems in reverse? Deflation and NIRP. Say good bye to cash.
  • TS
    Thomas S.
    21 May 2015 @ 00:43
    He calls Saudi Arabia bankrupting the shale producers a conspiracy theory. Then he says that for Saudi Arabia, keeping high prices means allowing competitors to make money at their expense. Same thing
  • TS
    Thomas S.
    21 May 2015 @ 00:51
    And he calls for $30 yet doesn't believe the shale producers will fail. They didn't make money at over $100, so most of them will definitely go bankrupt at $30. Just see Art Berman's last few articles
  • DH
    Dale H.
    21 May 2015 @ 02:06
    That was excellent. Bravo. A wealth of insight and experience along with a genuine down to earth style.
  • MJ
    Mike J.
    21 May 2015 @ 02:33
    Brilliant! Love the demographics explanation.
  • ww
    will w.
    21 May 2015 @ 04:17
    Mind-blowing!!! SO many 'outside-the-box' insights - like CB interventions leading to speculative frenzies in Oil mkts, which then goads production spree. RV keeps upping the ante!
  • sp
    shashwat p.
    21 May 2015 @ 07:37
    Score one for game theory! ..... And engineers!!
  • CE
    Christopher E.
    21 May 2015 @ 10:49
    Acute market nous from a gifted raconteur. His unblinking insights come as a welcome change from the 'beautiful lies' of Western elites.
  • BS
    Brian S.
    21 May 2015 @ 14:13
    One of the very best interviews so far on Real Vision. 33 minutes went by quickly. Hope Real Vision has him on again within next 6 months.
  • JR
    Jon R.
    21 May 2015 @ 15:35
    Having just come back from visiting Alberta the output numbers for Canada are surprising considering the increasing unemployment in the energy sector. Increasing output and unemployment?
  • BM
    B. M.
    21 May 2015 @ 16:30
    excellent !
  • NP
    Nirav P.
    21 May 2015 @ 20:18
    Super stuff on oil from Diego Parrilla previously and now Paul Hodges...!!! Exceptional Insights...
  • SP
    Steve P.
    21 May 2015 @ 21:16
    What a week - 2 of RV's best ever interviews from Paul and Pippa. Great stuff guys!
  • je
    james e.
    22 May 2015 @ 01:47
    1) Smart guy, great intvw. However, Thos' comment is valid. I'm in O&G bus and $30/bbl won't work. He ref's historical avg of $33/bbl but that was pre-shale w/much > finding costs so meaningless stat.
  • je
    james e.
    22 May 2015 @ 01:51
    2) He's rt about plenty of oil; problem is high prod cost. PE capital has caused higher prices and allowed co's that should die to live. That doesn't chge until higher int rates. Agree about deflation
  • AE
    Alex E.
    22 May 2015 @ 06:26
    I work in CAN. O&G and he is absolutely right. Do U think that Billions in investment will be left to founder? NOT! He's also bang on about the "Boom,Bust and echo" generations! This man knows.......
  • PM
    Philip M.
    22 May 2015 @ 12:58
    Brilliant.....! This guys great!
  • AB
    Alexandre B.
    22 May 2015 @ 18:25
    Love his laugh.
  • CC
    Chad C.
    22 May 2015 @ 23:32
    A top 5 piece. Easy to understand. Good charts. Made total sense. This is now my "gold standard" for Real Vision presentations.
  • AW
    Anna W.
    23 May 2015 @ 13:08
    Thank you for pulling together several issues I've heretofore considered separately into a cohesive, top-down understanding! And the bar/club setting made me think we were in one to one dialogue.
  • SS
    Stewart S.
    25 May 2015 @ 01:31
    excellent description of the problem. However, he does not discuss the resurgence in demographic make up starting in 2016 that result in the reemergence of the 35-to 55 year old age bracket.
  • WA
    WAYNE A.
    27 May 2015 @ 02:22
    No note, pauses, clear as bell. Great piece of work.
  • TJ
    Terry J.
    28 May 2015 @ 10:02
    Brilliant. So many astute observations in just half an hour and an excellent history lesson of the oil industry. Loved it.
  • TF
    Tom F.
    29 May 2015 @ 09:03
    One of the best interviews - great fundamental picture and also thinking how demographics will change behaviors in the future like demand. Can't see oil recovering any time soon on fundamentals
  • SD
    Sebastien D.
    29 May 2015 @ 18:31
    Amazingly articulated. I have a lot of 'Wow' moments on RV, that was one of them. One thing that left me with a questions: - the 33$ LT avg. should it be inflation adjusted (was it?)
  • PK
    Peter K.
    31 May 2015 @ 23:05
    Brilliant, love the historical perspective! Let's see him again.
  • JD
    John D.
    1 June 2015 @ 18:38
    Priceless ability to show the power of clear perspective
  • GM
    Gregor M.
    1 June 2015 @ 19:12
    Great video. One of the best so far. I'd love to see some other older players who can give as much perspective as Hodges..
  • WM
    Will M.
    7 June 2015 @ 23:23
    I'm in O&G & Deep water will be a problem at $30 for new developments as existing prod will be mostly ok. Demographic discussion is critical & pensions will be a huge issue as returns won't fund them.
  • EK
    Emil K.
    25 February 2016 @ 15:06
    Masterpiece.

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