Oil

WARNING: “Buckle up, folks” – Only 3 Times In History Where Gold Surged While Oil Plunged!

Tuesday, June 4, 2019
By Paul Martin

KingWorldNews.com June 04, 2019 Today a warning was issued to the financial world: “Buckle up, folks,” because there have only been 3 other times in history where gold surged while oil plunged. “Buckle Up Folks” June 4 (King World News) – Otavio Costa from Crescat Capital: “Only three other times in history precious metals... »

Explosive-laden drones attack oil pipelines in Saudi Arabia in ‘act of terrorism’: Iran-backed Yemen rebels target global oil supply two days after sabotage of tankers off UAE coast amid looming conflict in the Middle East

Tuesday, May 14, 2019
By Paul Martin

Two pumping stations on a major Saudi oil pipeline have today been attacked by explosive-laden drones Iran-backed Houthi rebels had earlier claimed to have targeted several vital Saudi targets with drones Comes after four ships, including two Saudi tankers, were damaged in ‘sabotage attacks’ off the UAE coast One of the commercial ships was... »

Kunstler Warns “This Trend Is Not Your Friend”…” not just the end of a global trade fiesta, but a world-wide synchronized economic depression.”

Monday, May 13, 2019
By Paul Martin

by James Howard Kunstler via Kunstler.com, ZeroHedge.com Mon, 05/13/2019 The be-Muellered, bothered, and bewildered American public may find US-China trade talks about as interesting as a rain delay in an Orioles-Chisox game, but the Friday collapse of negotiations may be marked by historians as the day that the global economy died. The Big Box... »

The Shale Boom Is About To Go Bust

Friday, May 10, 2019
By Paul Martin

by Nick Cunningham via OilPrice.com, ZeroHedge.com Fri, 05/10/2019 The shale industry faces an uncertain future as drillers try to outrun the treadmill of precipitous well declines. For years, companies have deployed an array of drilling techniques to extract more oil and gas out of their wells, steadily intensifying each stage of the operation. Longer... »

Global Economic Growth In Serious Trouble When U.S. Shale Oil Peaks & Declines…”We must remember this simple fact; energy drives the markets, not finance.”

Wednesday, May 8, 2019
By Paul Martin

Steve St. Angelo GoldSeek.com Wednesday, 8 May 2019 The global economy would be in serious trouble if it weren’t for the rapid growth of U.S. shale oil production. Since the 2008 financial crisis, U.S. shale oil production has increased by more than 6 million barrels per day. Without these additional barrels of oil, the... »

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…

Tuesday, April 23, 2019
By Paul Martin

by Michael Snyder TheEconomicCollapseBlog.com April 22, 2019 The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to remove a Republican president from office. In many ways, 2019 is starting to look a... »

Trump Bump, No Recession, Rate Cuts Coming – Gerald Celente

Sunday, April 14, 2019
By Paul Martin

By Greg Hunter USAWatchdog.com April 14, 2019 op trends researcher Gerald Celente said last year the global economy was headed for a big crash—not anymore. Celente explains, “Here’s what changed our forecast. . . . Jerome Powell, the Fed Chair, said on January 4th 2019, the Fed was going to be “patient” in raising... »

London’s Uber, Cab Drivers Catch Yellow Vests’ Bug, Rail Against Fossil Fuel Taxes

Friday, April 12, 2019
By Paul Martin

Authored by Chloe Anagnos ZeroHedge.com Fri, 04/12/2019 Also known as the yellow-vests movement, the gilets jaunes movement in France gets a lot of hate from the left-leaning media. To critics, climate change requires government action, and if that means the working class will have to endure more poverty and misery, that’s just how it... »

Saudi Arabia Mulls Ditching Dollar in Bid to Stop US Anti-OPEC Law – Report

Friday, April 5, 2019
By Paul Martin

SputnikNews.com 05.04.2019 The No Oil Producing and Exporting Cartels Act (NOPEC) was first introduced in 2000 to combat OPEC’s price regulation, but had little success in Congress. However, prior to being elected US president, Donald Trump expressed vocal support for the bill in 2011. Riyadh has plans to switch its oil trade away from... »

The Massive Increase Of Central Bank Paper Assets Warns Of Financial Danger Ahead

Thursday, April 4, 2019
By Paul Martin

By: SRSrocco GoldSeek.com Thursday, 4 April 2019 By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets. While the central banks label... »

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