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Iran Shoots Down US Drone Wednesday Night NY Time

The news of Iran downing a US drone was circulating in the Middle East before it hit the news wires. It was actually shot down at 7:35 pm New York time on Wednesday [...]

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Canadian Extremists Want to Sue all the Oil Companies for Causing Climate Change

In Canada, the left is urging lawsuits against oil companies to force them to pay for all the damage to the climate. Honestly, the oil companies should announce [...]

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Can the Sanction Work on North Korea

QUESTION: Mr. Armstrong, can the sanctions against North Korea succeed now that China is implementing them as well? ANSWER:  The UN sanctions are curbs on [...]

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Is There Really More Oil in The Golan Heights than in Saudi Arabia? Who’s Genie Energy?

QUESTION: Mr. Armstrong I live in Israel and today I listened to your podcast with Macrovoices. At some point you mentioned that there is more oil in Golan heights [...]

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OPEC & Manipulating Oil Prices

The Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut production is supposed to end Saudi Arabia’s policy of the last to years to [...]

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Oil — Have We Reached the Next Turning Point?

COMMENT: MA, Someone said they sold the euro at 116 with a stop loss at 11705 and  sold gold at 1305 with a stop above last year’s high.  They earn a lot. But [...]

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The Electric Crisis in Europe

Many people do not realize that the global warming/climate change deals in Europe will eliminate gasoline and diesel cars on the streets come 2020. From Norway to [...]

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Moody’s Warns of 30% Rise in Commodity Based Company Bankruptcies in 2016

The commodity industry is bracing for a high year of bankruptcy and default filings that will impact mining and metals along with oil and gas. Moody’s has [...]

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Crude Oil – Month-End February 2016

  We have interestingly reached an 86-year peak in oil reserves. This may actually be the end of that trend. Oil prices are causing companies to collapse, and [...]

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Iran Tries to Kill Petro-Dollars But They Know Not What They Do

Iran has begun to sell oil, but in euros. They think this is some sort of blow to the USA, but in fact, they are taking on the currency risk of the euro. This could [...]

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