Blog

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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The Total Incompetence of Career Politicians

Someone really needs to do a study on people who seem to want to rule the world yet have absolutely no clue what they are doing, which is really 98% of all [...]

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Gold/Oil Ratio: Is It Really Making Record Highs?

QUESTION: Mr. Armstrong, Mining ran a chart of the gold/oil ratio pointing out that conventional wisdom has placed the two together on the theory that rising oil [...]

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Crude – Is it Over? Or Just Another Fake-Out?

Crude has made a slight bounce, but it need desperately to close above $32.35 today just to pause. There is no change of a real reversal in trend here. Crude would [...]

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Crude – Equities – Euro

We will post a 35-minute video update to the World Economic forum (see “Helpful Video” thread) that will cover key markets. We have warned that January [...]

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Crude — What Lies Beneath $30 & Where Will Resistance Stand Here After?

The fear has been that Iran will start dumping oil now that the sanctions have been lifted. Thus, crude has been falling out of bed in a nightmare scenario. The [...]

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