The global demand for oil is declining as the United States moves toward self-sufficiency and is the only nation still in a positive economic trend. Everywhere else we see the global economy turning down since 2007 including China and Russia no less Europe. But the level of pessimism in the USA does not imply a […]

The USA is amazingly going to produce more oil that Saudi Arabia and Russia making it the largest producer in the world according to all the data so far with just Four years into the shale revolution.When that happens and by how much, is still debatable. The estimates that depend on uncertain factors ranging from progress […]

The Globe and Mail Published Wednesday, Nov. 20 2013, 7:16 AM EST It’s funny to think of someone leaving 24 gold bars in the toilet of a plane. But that $1.2-million (U.S.) in bullion highlights one of India’s big economic irritants.   According to reports today, the bars were found in the lavatories of a […]

It is reported that the U.S. will surpass Russia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades. This is having a major impact in politics as the Saudis start to worry about losing influence in the wake of the Syrian debacle.. There is a […]

The decision to go into Syria has been in the works. Europe and the USA need a war to divert everyone from the economic crisis that is looming. According to the British newspaper the Telegraph, Saudi Arabia’s Bandar threatened Putin with Olympic terror if he backed Syria. These people are really messing with the wrong guy. […]

QUESTION: Today employment came with 195K. 1- If Europe is imploding, China slowing, Emerging markets slowing, is the US employment story sustainable? 2- After the governments bond collapse beyond 2015.75, could USA devalue the dollar and make a combination of bond default with a new currency? 3- Is physical gold in the allocated form in a […]

Question: “Europe along with Japan look like they are preparing to be flushed down the toilet,” would you anticipate their equity markets to be flushed down the toilet as well.  (Not necessarily a crash, but a very large correction). ANSWER: NO! This is part of the Sovereign Debt Crisis. I was speaking politically ONLY – […]

CRUDE OIL Weekly Timing Arrays for Nymex Futures (see below) suggest that the week of August 5th as a target for Directional Change and High Volatility, and the week of September 23rd for Panic. The potential for significant turning points during the weeks of August 5th and September 23rd (signalled by the vertical lines on […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 62.56 points or -0.16% to 40,063.79 Shanghai increased 5.18 points or 0.17% to 2,982.31 Hang Seng decreased 360.73 points or -2.03% to 17,417.68 ASX 200 decreased 64.90 points or -0.81% to 7,971.60 KOSPI decreased 28.89 points or -1.02% to 2,795.46 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 971.34 points or -2.36% to 40,126.35 Shanghai increased 14.28 points or 0.48% to 2,977.13 Hang Seng increased 39.00 points or 0.22% to 17,778.41 ASX 200 decreased 21.40 points or -0.27% to 8,036.50 KOSPI decreased 18.94 points or -0.67% to 2,824.35 […]