Peak Oil & $225 Oil by 2012 Predicts CIBC Economist Jeff Rubin

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Be sure to check out Jeff Rubin's other interviews: www.youtube.com Jeff Rubin is a Canadian economist and author. During a stellar career with CIBC World Markets he made a name for himself with prescient predictions. He has a knack for generating controversy, being mocked by peers only to be proven correct as history unfolds. Jeff was born in 1954, and after receiving his BA from University of Toronto and his Master's from McGill, both in Economics, Jeff began his career with the Ontario Treasury Department. There he projected future interest rates. In 1988 he switched to the private sector, joining a brokerage firm then known as Wood Gundy. The Canadian Imperial Bank of Commerce took over Wood Gundy, renaming it CIBC Wood Gundy and later CIBC World Markets. Jeff worked his way up the ranks there and became the Chief Economist after just four years with the company. He worked in that role from 1992 until 2009. During that tenure Jeff left a trail of accurate predictions. He correctly predicted fluctuations in interest rates and the value of the Canadian dollar. He first gained fame in 1989 when he predicted a 25 per cent decline in Toronto real estate prices, and a subsequent serious decline in Ontario's entire real estate market. Jeff was also one of the first economists to accurately predict soaring oil prices in 2000. At that time, Jeff said that oil prices would hit (US) a barrel within five years. Although other economists balked, time proved him correct. Jeff's ...

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