Commodity Trade Mantra

Posts Tagged ‘Obama’

Record Global Oil Demand: Even As Price Of Oil Declined

There are many opinions as to why the price of oil has fallen more than 50% in the past four months. There is this notion put forth by the media that a decline in global oil demand caused the huge drop in the price of oil. Ironically, according to the IEA, global oil demand is higher than ever. Let’s take a look at the situation.

China to Obama: “Shut Up and Mind Your Own Business”

First Russia, and now China. The US is being firmly put in its place by the emerging superpowers in the world. First it was President Putin standing up to Obama over Syria in 2013. Then again in early 2014, Putin stood up to the US sanctions. Now China has sent a sharp official message to the US, warning it to stop meddling.

PetroDollar On Its Deathbed. Are Gold & Silver About To Rally?

The pillars are crumbling for the debt-laden, gasping for life petrodollar. Central banks are suppressing gold and silver to eliminate competition to their paper debt Ponzi scheme. China & Russia, backed by massive amounts of gold, are engaged in deals to foster growth & encouraging other countries to build and grow from within.

The Nail In Petrodollar Coffin: Gazprom Accepts Oil Payment In Ruble, Yuan

Russia will export energy to either Europe or China, and receive payment in either Rubles or Yuan, in effect making the two currencies equivalent as far as the Eurasian axis is concerned, but most importantly, transact completely away from the US dollar thus, finally putin'(sic) in action the move for a Petrodollar-free world.

Gold And Silver Will Rise With “Dollar” Demise, Not Just Now

The collapse of the derivatives may be a function of or cause of the “dollar” collapse, and when it happens, it will be the triggering mechanism to catapult gold higher “overnight,” literally. Not owning physical gold is a huge risk. Retaining whatever physical already in possession will be a financial life-saver.

Russia Threatens to Impose Sanctions

Sanctions work, sort of, against Iran because the market there is miniscule. If Russia imposes retaliatory measures, you can bet sanctions cooked by the West will fizzle in short order. Obama & Congress may rant about the evil Vladimir Putin & the aggressive Russian bear, but that’s all hot air & rhetoric.

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