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Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC producers to US shale (a hope which is now gone as the just disclosed letter from Andy Hall demonstrates), Goldman noticed something troubling: an unprecedented collapse in gasoline demand.
The US sent two B-1B Lancer strategic bombers from Guam's Andersen Air Force Base base to the Korean Peninsula, to practice “attack capabilities” with South Korean jet fighters and hold live-fire drills on Saturday, Yonhap News reported, the latest show of force by the US military after North Korea’s first-ever ICBM test launch on July 4. The pair of US bombers flew conducted a simulated destruction of an enemy ballistic missile launcher and underground facilities, the South's air force said, sending a strong hint to its northern neighbor.
Putin’s Assessment of Trump at the G-20 Will Determine Our Future
Paul Craig Roberts
The backdrops to the Putin/Trump meeting are the aspirations of Israel and the neoconservatives. It is these aspirations that drive US foreign policy.
Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute