Black Monday hit Wall Street in a BIG BLOODY WAY today. With oil being the main driver of the economy, U.S shale stocks lost nearly half of their value… IN ONE SINGLE DAY. That’s correct, the average decline from eight of the top U.S. shale companies saw their stock prices…
It begins… the world is finally waking up to the massive economic and financial threat of this global contagion. As reported by Zerohedge, the Middle East markets opened today to a bloodbath as many of the region’s stock indexes fell more than 5%, with Kuwait suspending trading after it’s market…
The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in…
According to a precious metals dealer I spoke with, the world out on the street is that demand for gold and silver has recently surged due to investor concerns about a disruption to the Global Supply Chain. We are already seeing a massive slowdown in China’s oil demand as official…
It seems as if many of the world’s engineers and scientists are going from DUMB to DUMBER and are now ending up in the category of complete STUPIDITY. I hate to be so harsh, but there it is. If scientists are spending time inventing new ways to extract energy from…
While Americans continue to enjoy the convenience provided by the just-in-time inventory supply-chain Leech and Spend Suburban Economy, the rate we are consuming the high-quality conventional oil reserves should scare the hell out of people. But, it doesn’t. Why? Because, virtually no one sees it or has a clue. Unfortunately,…