Economics

Checkmate: Is Russia Selling Oil For Gold?…”This is called “Checkmate”, ladies and gentlemen. The game is over.”

Friday, December 19, 2014
By Paul Martin

SilverDoctors.com December 19, 2014 Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future. No matter how strange it may seem, but right now, Putin is selling Russian oil and gas ONLY for physical gold. How long will the West be... »

Central Banks Are Now Uncorking The Delirium Phase

Friday, December 19, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/19/2014 Virtually every day there is an eruption of lunacy from one central bank or another somewhere in the world. In short, the central banks of the world are embroiled in a group-think mania so extreme and irrational that it puts one in mind of the spasm of witchcraft trials... »

Fixed Fortunes: Biggest US Corporate Political Interests Spend Billions, Get Trillions

Friday, December 19, 2014
By Paul Martin

By Global Research News Global Research December 19, 2014 Between 2007 and 2012, 200 of America’s most politically active corporations spent a combined $5.8 billion on federal lobbying and campaign contributions. A year-long analysis by the Sunlight Foundation suggests, however, that what they gave pales compared to what those same corporations got: $4.4 trillion... »

How Obama and his environmental base are planning to eradicate the oil and gas industry

Friday, December 19, 2014
By Paul Martin

Sue-and-settle means the people are funding this assault by radicals on our economic future by Ron Arnold CFact.org December 14, 2014 Why does the Environmental Protection Agency’s regulatory war against hydraulic fracturing look like the Natural Resources Defense Council’s 2007 agenda for eliminating domestic oil and natural gas development? Because it is. President Obama... »

US Oil Rig Count Tumbles Most In Over 5 Years,”Demand From Oilfield Customers Dropping Rapidly”

Friday, December 19, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/19/2014 “Unequivocally” not good. Following last week’s surge in initial jobless claims for ‘Shale’ states, Baker Hughes confirms rig counts continue to tumble. The last two weeks have seen the total US rig count fall the most since 2009 (and Canada down 9.3% this week alone). Seemingly confirming this weakness,... »

The Biggest Economic Story Going Into 2015 Is Not Oil

Friday, December 19, 2014
By Paul Martin

by Raul Ilargi Meijer ZeroHedge.com 12/19/2014 Once again oil is not even the biggest story today. It’s plenty big enough by itself to bring down large swaths of the economy, but in the background there’s an even bigger tale a-waiting. Not entirely unconnected, but by no means the exact same story either. It’s like... »

Sony Hack is Almost Certainly an Inside Job

Friday, December 19, 2014
By Paul Martin

Obama administration to blame North Korea and its allies with zero evidence whatsoever Paul Joseph Watson Prison Planet.com December 19, 2014 The FBI will release a statement today blaming North Korea and its allies China, Iran and Russia for the Sony hack, while President Obama will also give a press conference in which he... »

Global systemic crisis 2015 – Oil, currencies, finance, societies, the Middle East : Massive storm in the Western port!…”2015 will show the complete collapse of the Western world”

Friday, December 19, 2014
By Paul Martin

Leap2020.eu December 15, 2014 For almost two years, by combining various points of view (speculative, geopolitical, technological, economic, strategic and monetary…), we have continued to anticipate a major crisis in the entire oil sector. Today, no one doubts the fact that we are actually at that point, and the GEAB must therefore anticipate the... »

Derivatives and mass financial destruction

Friday, December 19, 2014
By Paul Martin

By Alasdair Macleod GoldSeek.com Friday, 19 December 2014 Globally systemically important banks (G-SIBs in the language of the Financial Stability Board) are to be bailed-in if they fail, moving the cost from governments to the depositors, bondholders and shareholders. There are exceptions to this rule, principally, small depositors who are protected by government schemes,... »

Russia Busts “Gold-Selling” Rumors, Reports It Bought Another 600,000 Ounces Taking Gold Holdings To New Record High

Friday, December 19, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/19/2014 Yesterday, when we reported the latest rumor of Russian gold selling, this time out of SocGen, we said that “it should be noted that SocGen and its “sources” have a conflict: in an indirect way, none other than SocGen is suddenly very interested in Russia stabilizing its economy because... »

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