Silver as an investment

Category Archives: Cartels

Lynette Zang: ‘The CRIMINAL BANKS Know Something Is VERY WRONG’

Lynette Zang from ITM Trading recently joined the SGT Report to discuss the economy, precious metals, and the disastrous storm that’s brewing. According to Zang, the criminal banks have stopped lending to each other because they know something is very wrong with the economy. The interview jumps straight to the point.  The big banks are not […]

The Biggest Factors In Future Oil Production

Authored by Ron Patterson via OilPrice.com, This assessment is based on the data in the 2017 BP Statistical Review of World Energy available here. As such it uses that review’s definition of oil which is crude and condensate and natural gas liquids, uncompensated for their different energy contents or values of refined product components. Figure 1: […]

What Will Drive The Next Oil Price Crash?

Authored by Tsvetana Paraskova via OilPrice.com, As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production will likely cap any significant price gains. On the demand side, expectations are that global economic growth will support […]

The 5 Oil Factors To Watch In 2018

Authored by Nick Cunningham via OilPrice.com, Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018 have in store? Most analysts believe more of the same – inventory declines, some shale growth, a gradual increase […]

Is The Oil Glut Set To Return?

Authored by Nick Cunningham via OilPrice.com, For the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude. The IEA’s December Oil Market Report dramatically revises up the expected growth of U.S. shale, which goes a long […]

The One Indicator OPEC Must Watch

Authored by Nick Cunningham via OilPrice.com, “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through the end of 2018, easing […]

Oil Price Drop Imminent If Moscow Says “No” To Extension

Authored by Irina Slav via OlPrice.com, As the November 30 meeting in Vienna of OPEC and its partners in the oil production cut deal nears, worry has returned among traders: one of the brokers of the deal might decide to walk out on the deal instead of participating in another extension. We’re talking about Russia, […]

The Coming Economic Downturn In Canada

Authored by Deb Shaw via MarketsNow.com, Canadian GDP growth has outperformed this year, helping the Canadian dollar As GDP growth slows and the Bank of Canada turns neutral, catalysts turning negative Crude oil and real estate look set for a downturn, with negative implications for the currency Given its natural resource-based economy, Canada is a […]

US Oil Rig Count Surges Most In 5 Months

Tracking the lagged rebound in WTI prices, the US oil rig count rose by 9 this week – the biggest weekly rise since June.     And with production at record highs, we suspect OPEC will need to jawbone some more…   And total US Crude output just hit a new record high…

OPEC Boosts Oil Demand Estimates, Admits Oil Prices Can’t Rise Above $55

In its latest OPEC Monthly Oil Market Report (October) the oil cartel has increased its oil demand estimates for 2017, 2018 on strengthening world economy, and weaker outlook for supplies from its rivals. Specifically, OPEC forecasts that based on the current global oil supply/demand balance, demand for OPEC crude in 2017 is estimated at 32.8 […]