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But his most astounding achievement was spiking the political risk premium paid for oil through threats of war, which can be found by searching for the words "Chvez War U.S." in Google, where no less than 7,300,000 stories pop up for review. When oil approached $70 a barrel in 2006, Saudi Energy Minister Ali al-Naimi opined that the war talk ac… Read More

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The highest top for the normal P/E was 123 in the very first quarter of 2009. The P/E was high since revenues were dispirited. With the P/E at 123 in the initial quarter of 2009, a lot higher compared to the historical mean of 15, it was the ideal time in recent history to acquire supplies.Shiller Pe Individual StocksGuruFocus computes the Shiller… Read More