2016: Oil Limits & The End Of The Debt Supercycle
Submitted by Gail Tverberg via Our Finite World blog,
What is ahead for 2016? Most people don’t realize how tightly the following are linked:
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Business
Here We Go Again: Chinese Stocks Plunge, Give Up Early Gains Despite Yuan Fix Unchanged
Update: *SHANGHAI COMPOSITE INDEX FALLS 2.04%(AFTER BEING UP 3.2%)
And CSI Futures are tumbling...
Not a pretty week...
Shifting notavkly from the opening color that we detailed earlier..
Natural Gas Prices Signaling Oil Bottom for Investors
By EconMatters
Natural Gas Prices Bottomed
Why The U.S. Can't Be Called A "Swing Producer"
Submitted by Arthur Berman via OilPrice.com,
Daniel Yergin and other experts say that U.S. tight oil is the swing oil producer of the world.
They are wrong. It is preposterous to say that the world’s largest oil importer is also its swing producer.
There are two types of oil producers in the world: those who have the will and the means to affect market prices, and those who react to them. In other words, the swing producer and everyone else.
A swing producer must meet the following criteria:
Perth Mint Silver Coins Sales Surge 56%, Gold Sales Drop 16% In 2015
Perth Mint Silver Coins Sales Surge 56%, Gold Sales Drop 16% In 2015
The Perth Mint’s annual silver coins sales surged 56%, while gold sales fell 16% in 2015, as silver stackers continued to accumulate silver coins and bars and the new silver nugget or kangaroo coin (1 oz and 5 oz) saw very high levels of demand.