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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 [...]

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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, [...]

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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 [...]

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Commodity-Based Countries to Liquidate Wealth Funds & Gold

QUESTION: Marty, at the Berlin cocktail party you said we may yet see gold sales from oil producing countries if oil breaks your yearly number of $35 for year end [...]

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Answering Questions on Gold

QUESTION: Marty, it appears you are correct once again in gold that this rally would not reverse the trend. The gold promoters have been all over the place claiming [...]

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Oil & The Commodity Risk

COMMENT: Mr Armstrong, I work in engineering and last year I was offered a position back in a major North Sea oil company. The reason I turned it down was due to [...]

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Dubai & the Middle East

The general perception that Middle Eastern countries are flush with cash and deliberately try to keep oil down to harm Iran when it begins to sell is rather [...]

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Death of Oil & EM Drive

  When it rains, it pours. For the last 15 years there have been rumblings surrounding the possibility of creating the impulse engine in “Star Trek”. [...]

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The Age of Deflation & the Fed

It appears that many people are married to the idea that the Fed creates INFLATION by expanding the money supply. Sorry, it does not work that way. Others confuse [...]

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Oil & BIG BANG – the Government Funding Crisis on a Global Scale

Saudi Arabia pumped a record 10.564 million barrels per day in June, showing that as prices decline, a record level of production is unfolding. Governments in the [...]

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