China Corruption Crackdown Instead of embracing this as a positive development, the West seeks to transform this into another soap opera-type event. They accuse the current administration of using this crackdown in the guise to get rid of political opponents. Let us stop there and examine that statement. If the individuals are corrupt, then cracking … Read more
By Tom McGregor, CNTV Commentator About 18 months ago, crude oil prices in the futures markets were trading at around $US110-per/barrel. At its heyday, oil & gas corporations were reaping in cash bonanzas. Along with the onset of new drilling technologies, such as hydraulic fracturing (fracking), oil & gas supplies were rising too. Oil-rich nations … Read more
Brent crude oil price today: Why is oil crashing The fundamentals in the oil market are simply horrible and based on them it appears that their oil prices are destined to march lower. However, we need to remember that fundamentals are not forward-looking; they provide a rearview look at the situation. When oil was trading … Read more
Crude oil price projections: will oil prices stabilize or continue dropping Crude oil price projections: Breakout or Breakdown In a recent article, we stated that from a fundamental perspective, there were no reasons for oil to mount a significant rally in 2016. We noted that the world was awash with oil and that the … Read more
ze: 4.00 in 1973 equates to 22.41 today Middle Class Squeeze Workers are earning more but taking home less money as real wages have not risen since 1980 The average hourly wage for Non-Management private-sector workers in Sept 2015 was $20.67, 2.3% higher year-over-year. In the ’70s and ’80s wages increased at an annual rate … Read more
Syria War News There is no doubt that war generates big profits and the US appears to have engineered this war in Syria to provide large arms companies with lucrative new markets. As a result of the Syrian war, a new Middle- East Arms Race has been set in motion. Some estimates suggest north of … Read more
Deception: Great Recession Never Ended The chart is a clear illustration that the Recession has not ended. The Fed has created the illusion that all is well by boosting stock prices, by maintaining an ultra-low rate interest environment for an unprecedented period. This environment favours speculators and punishes savers. It forces savers to speculate or … Read more
Crude Oil Market Crash Top analysts on Wall Street were all calling for higher oil prices before the markets suddenly tanked. The idiotic Peak oil camp was not far behind them, stating that we were running out of oil. What happened to the peak oil Nonsensical theory that said oil supplies were running low? Instead … Read more
Traders and speculators who attempted to predict a bottom for oil prices faced significant losses in 2015, and their situation worsened in 2016. The weekly closing price falling below $32 negated any potential bullish signals that oil may have been attempting to signal in 2015. On the fundamental front, there seems to be no respite … Read more
Unravelling the Oil Crash of 2016: Causes, Impacts, and Lessons Learned The year 2015 proved to be challenging for speculators attempting to time the oil markets. Oil consistently pierced through each support level, reminiscent of a hot knife slicing through butter. Despite occasional glimpses of a potential rally, it would inevitably fade, causing oil prices … Read more
