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 01/05/2016 - 11:56AustraliaEuropean UnionNew ZealandReutersTwitterTwitter
EU countries join the UK, the U.S., Canada, Australia and New Zealand in having plans for bail-ins in the event of banks and other large financial institutions getting into difficulty.
Submitted by GoldCore on 01/04/2016 - 15:09Precious MetalsSovereignsSwitzerlandTwitterTwitter
Gold is poised to rebound dramatically this year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s 2016 upleg.
Submitted by williambanzai7 on 01/04/2016 - 04:34
Four those who do not know, four is widely considered the unluckiest of numbers in China, synonymous with death...
Submitted by Monetary Metals on 01/04/2016 - 00:03BackwardationTechnical AnalysisVolatility
This week, the gold-silver ratio promptly moved up +2.3%. As readers will recall, we have been calling for a ratio value over 80 for a while.
Submitted by George Washington on 01/02/2016 - 14:32NoneUnited KingdomUranium
To Protect Nuclear Weapons Program, Government Hired Top Propagandist to Create Myth that Fluoride Is "Safe and Effective"
Submitted by Bruno de Landevoisin on 01/01/2016 - 11:14Central BanksMonetization
Gold's legacy relies on 4,000 years of civilization's monetary history............same as it ever was.