The oil price’s price action today traded as we forecasted in our Gold Member Metals & Market Update yesterday. While forecasts don’t happen exactly all the time, the oil price fell right in line with the “Technical Analysis Script”… to a TEE. Actually, it was quite amazing to see it…
With the re-lockdown of economies throughout the world and the uncertainty of the coming Presidential election, the oil price and U.S. oil industry could be heading for BIG TROUBLE. Already, the low oil price environment continues to destroy the balance sheets of the best-run oil companies. What happens if…
The notion that silver is just an “Industrial Metal” was utterly destroyed today as both the copper and oil prices were crushed as silver surged higher. This is precisely what I was looking for as a positive sign showing that silver is now disconnecting itself from the INDUSTRIAL METAL BALL & CHAIN…
It seems as if what I have been warning about for years may be beginning to take place in the precious metals market. Due to the massive Fed and central bank monetary stimulus and liquidity, investors are now deeply concerned about the financial system and value of global currencies…
There has been a tug of war in the oil price over the past two weeks. Due to a very rare setup in the market, the oil price has traded in a very narrow range as traders fight it out to see who will win control… the BULLS or the…
The markets are in serious trouble as the extreme oil price volatility continues to devastate the global economy. Investors and analysts today are totally clueless because they have become the frogs burnt to a crisp in the frying pan. Over the past several decades, the oil price has fluctuated tremendously,…