Oil declaine and it's consequences ...

Actually lot of you have noticed how the oil price has decline through mid of year until now... but are you aware of the consequences of it?

The main Losers are the countries heavily dependent of oil such as VENEZUELA, RUSSIA, IRAN NIGERIA and so on but I could mention these ones as more affected by oil prices... Take a look at another data from theses countries about the break even point to each of them balance their budgets in order to maintain economy running well:

As you can see most of them need a Oil price far higher than its nowadays and it has hard implications for them the worst situation are in the ones with low reserves of dollars... why? Their currencies have been decreasing in value hardly since OPEC decided to not cut oil production and then they need so sell dollars in order to protect their currency values against speculators however when these countries can't do it their entry in a dark land called DEFAULT and that is the point speculators PLAY hard causing great disruption and riots across borders putting at risk even the actual governments in place.

The winners on this oil decline are the hedge funds that BET against this decline, Consumers and Companies that rely hardly in oil such as Air Companies.

Lets take a look at OIL CHART:

Since October when the trend line was broken hedge funds started to Short Oil and a lot of them are making huge bucks nowadays because of it.... I could say it was lucky but I know they have strong "KNOWINGS" about the markets so lot of managers are gonna to have a great end of year with huge paychecks to them..... its not fair I know but its how to world works... while some are suffering huge losses and colossal problems others are Smiling face to face.

The next good support for oil right now is 50 dollars per Barrel and until there some will be crying and others smiling the mess is already made.

See u guys