In short, for oil prices to recover, US Production needs to drop to at the very least 6 million barrels per day for the market to rationalize in price.
Submitted by GoldCore on 11/26/2015 - 10:47SwitzerlandTwitterTwitter
They say people get the governments they deserve; well, they get the institutions and an regulators they deserve, too. Apathy is the greatest destroyer of liberty.
Submitted by Sprott Money on 11/26/2015 - 05:58Central BanksfixedMexicoPrecious MetalsReutersSilver ETFs
Yes, it’s true that the propping up of the markets by the Fed and Central Banks has gone on longer than we realized, the unraveling of the World’s Greatest Financial Ponzi Scheme is still on its way.