Blog

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

Shanghai & Oil

In China, the Shanghai share market broke its major psychological support at 3000. The selling pressure has continued to expand on time here in January as oil also [...]

Read More

Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, [...]

Read More

Evil People in High Places? Or Just Coincidence?

Dick Cheney is best known for being the head of Halliburton who then became Vice President. Cheney moved his office directly in the White House and ran the [...]

Read More