basic resources and commodities

Peak oil theory debunked: Just another price gouging Scam

Peak oil theory debunked; it was funded by big oil so the outlook was and is questionable  The peak oil nonsense probably started 216 years ago, when Thomas Malthus created the concept that Mankind’s appetite for natural resources would outstrip nature’s ability to supply them. Over the years, one naysayer after another has warned that … Read more

Crude Oil Market Crash: Technical Outlook 2016

  [color-box color=”blue”]Top analysts on Wall Street were all calling for higher oil prices before the markets suddenly tanked.  Not far behind them was the idiotic Peak oil camp, stating that we were running out of oil.   What happened to the peak oil Nonsensical theory that stated oil supplies were running low? Instead of oil … Read more

Oil Supply Outstrips Demand: Oil Headed Lower 2016

[color-box color=”yellow”]  Traders and speculators are trying to predict a bottom for oil prices got hammered in 2015, and so far they have fared even worse in 2016.  The weekly close below $32 neutralized any bullish signals oil might have been trying to generate in 2015.  From the fundamental side, there appears to be no … Read more

Oil Crash: Crude oil price heading lower 2016

A patient mind is the best remedy for trouble. Plaut 2015 was not a good year for speculators trying to time the oil markets.  Oil kept cutting through each support level like a hot knife cutting through butter. It would give the appearance that it was ready to mount a rally, but that rally would … Read more

The Real News: the Story Behind The Story

Real news minus the propaganda angle  What is real news?  Today we live in a World where most of the news we receive is not about what is going on in the world, but more about what sells. In other words, sensationalism, and lies are sexy, so that is the theme.  Make it dramatic even … Read more

Oil market crashes but oil tanker market raking in profits

 A man, when he wishes, is the master of his fate. Jose Ferrer While oil continues to drop, there is one sector connected to the oil market that is doing rather well.  It is the oil tanker sector, and while oil is trading at 11-year lows, many stocks in this sector are already posting double … Read more

Oil Tankers trading higher: NAT & FRO TOP Tanker stocks

Oil may be tanking, but the oil tanker industry is out of the dumps, take a look at the chart below. You can clearly see that most stocks in this sector are trending upwards.  One of the plays that stand out is Nordic American Tanker Shipping (NAT); some other good names are Frontline   Must … Read more

Global Warming Is Fake: Let’s See If This is True

Global Warming Is Fake? Let’s see what Mass Psychology has to say If one utilizes the principles of mass psychology in the same manner as one uses them in the financial markets to analyze the issue of global warming; well, something starts to stink?  If there is too much noise being made about the issue … Read more

Oil wars will destroy Saudi Arabia & Russia & China dominate 2015

Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos.So yes – it will be all about further moves towards the integration of Eurasia as the US is progressively squeezed out of Eurasia. We will see a complex geostrategic interplay progressively undermining … Read more

Rotten Whole Foods, Chinese Grab Gold, Shanghai Woes

Whole Foods CEOs Admit to Overcharging Customers “Straight up, we made some mistakes and we want to own that,” Whole Foods co-CEO Walter Robb said in a two-minute video apology alongside John Mackey, the chain’s co-founder. Whole Foods came under fire last week after a New York City investigation revealed that several stores were mislabeling … Read more