Articles related to barrel
 
Bullion Vault
Gold Bullion Gains Extend ETF Growth as Inflation Worries Hit 'Even the Yellen Fed'
GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records. With energy costs already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this time last year. Silver bullion held firm wit
Tuesday, January 12, 2021
Mac Slavo - ShtfPlan
2019: The Beginning Of The End (Free Premium Report)
 Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone. For those unfamiliar with our work, it’s based on the idea that humanity is hurtling towards a disaster of our own making. Several powerful and unsustainable trends
Monday, January 14, 2019
Adrian Ash - Bullion Vault
10 Years of 4-Figure Gold
Spot gold prices first broke $1000 per ounce 14 March 2008... IN FACT the world's first ever $1000 gold deal had happened the day before, writes Adrian Ash at BullionVault. Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insur
Thursday, March 15, 2018
The Energy Report
Small-Cap Oil Company's First STACK Well Ranks Among Highest in Region
A small company drilling alongside the large operators has just released results from its first well, which exceeded expectations. Oklahoma's STACK oil play has been on the radar of oil companies the past few years as large independent producers like Devon Energy (DVN-NYSE), Continental Resources (CLR-NYSE), Marathon Oil (MRO-NYSE), Newfield Exploration (NFX-NYSE) and Alta Mesa (AMR-NYSE) have acquired large tracts of land. But it's not
Wednesday, March 14, 2018
Andy Hoffman - Miles Franklin
Silver Purchasing Power
This article was written for Miles Franklin by Gary Christenson. We know: a) Federal Reserve and U.S. government policies devalue the dollar—down about 98% since 1913. b) US. government spending is out of control, increases every year, regardless of revenues, and shows no sign of plateauing or declining. c) Few people encourage balanced budgets and LESS spending. All government agencies, lobbyists, congresspersons, military contractors, and many corporations encourage MORE spending, and by neces
Wednesday, March 14, 2018
The Energy Report
Amazing Energy Drills Amazing Well
Bob Moriarty of 321 Gold does the math for an energy company drilling in the Permian Basin and finds it pretty impressive. Amazing Energy Oil & Gas Co. (AMAZ:OTCQX) drilled an oil well they named WWJD #23 in Pecos County in the Permian Basin to a depth of 1,997 feet and encountered 44 feet of pay in the targeted Queen A formation. They own about 70% of the well and their cost was $300,000. The company just announced numbers on the well
Wednesday, March 7, 2018
The Energy Report
The Smallest Company in the Lowest Cost Oil Play in the US
Keith Schaefer of Oil and Gas Investments Bulletin profiles a micro-cap oil company with land in a prime area. Small oil producers have been shunned by the market, making them extremely cheap now—giving the whole sector lots of leverage for investors. The one I'm focused on this year is Jericho Oil Corp. (JCO:TSX.V; JROOF:OTC). It's the smallest company I can find in the best play—which right now looks like the STACK play in Oklahoma. It was the rare m
Wednesday, March 7, 2018
Bullion Vault
Gold Price Rallies vs Weaker Dollar as EU Retaliates in US Trade War
GOLD PRICES rose against a weakening Dollar in London trade Tuesday, regaining last week's 0.5% loss to reach $1329 per ounce but slipping in Euro and Sterling terms as talk of a "trade war" between the US and Europe grew. After US President Donald Trump last week proposed new US tariffs on steel and aluminum imports, "We are looking at possibilities to retaliate," the EU Commissioner for Trade told the BBC, "[with] tax
Tuesday, March 6, 2018
Peter McKenzie-Brown - Language Instinct
Barbecues, Booms and Blogs
Barbecues, Booms and Blogs Fifty Years of Public Relations in Calgary ISBN number: 978-1-55059-363-1 Copy for inside front cover: Public relations is "the management function which evaluates public attitudes, identifies the policies and procedures of an individual or organization with the public interest, and plans and executes a program of action to earn understanding and acceptance." Canadian Public Relations Society definition Title: Barbeques, Booms and BlogsSub
Sunday, March 4, 2018
Bullion Vault
Gold Flirts with $1300 on Solid US, Euro Inflation Data But China's Demand to Buy Supports
BUY GOLD prices in London's wholesale market erased the last of 2018's previous 4.9% gain on Thursday, falling back near $1300 per ounce after new US inflation data came in stronger than analysts forecast. The PCE measure of US consumer costs rose 1.7% in January from the same month last year, the Bureau of Economic Analysis reported, holding the same pace of inflation as December.
Friday, March 2, 2018
Chris Powell - GATA
Ambrose Evans-Pritchard: Libor surge nears danger level for debt-drenched world
The stress signals of the global credit system are flashing amber. The offshore dollar funding markets that lubricate world finance are facing an incipient squeeze. The "Libor-OIS spread," watched carefully by traders, has risen to levels reached during the onset of the Chinese currency crisis in early 2016 and during the onset of the Italian and Spanish funding crisis in late 2011. The three-month rate for dollar Libor (London Interbank Offered Rate) used to price a vast nexus of financial co
Thursday, March 1, 2018
Bullion Vault
Gold Price Falls as Fed's Powell Speaks, US Data Miss Badly, Euro Confidence 'Elevated'
GOLD PRICES fell as new US Fed chair Jerome Powell began his first testimony to lawmakers on Tuesday, retreating to last week's closing level as the US Dollar rallied from a fresh drop on the currency market. New data meantime missed analyst forecasts, showing the US trade deficit in goods widening badly even as orders for larger domestic applicances and other durable goods sank 3.7% from the month before, led by a hard drop in vehi
Tuesday, February 27, 2018
Nathan Lewis - New World Economics
“Rules-Based” Monetary Proposals Won’t Create S...
(This item originally appeared at Forbes.com on February 9, 2018.) https://www.forbes.com/sites/nathanlewis/2018/02/09/rules-based-monetary-proposals-wont-create-stable-money/#4b822c96128e I often say that governments should follow the “Magic Formula,” which is: Low Taxes and Stable Money. Good things happen to governments that do this, and bad things happen to those that don’t. “Stable Money” means: money that is stable in value. The traditional way to accomplish this is to link currencies to g
Monday, February 12, 2018
James Howard Kunstler
Party On, Dudes 
As of this week, the shale oil miracle launched US oil production above the 1970 previous-all-time record at just over ten million barrels a day. Techno-rapturists are celebrating what seems to be a blindingly bright new golden age of energy greatness. Independent oil analyst Art Berman, who made the podcast rounds the last two weeks, put it in more reality-accessible terms: “Shale is a retirement party for the oil industry.” It was an impressive stunt and it had everything to do with the realit
Sunday, February 11, 2018
SRSrocco - SRSRocco Report
Future U.S. Oil Production Will Collapse Just As Quickly As It Increased
While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse.  Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed its previous peak in 1970 and Saudi Arabia’s current oil production, it’s a bittersweet victory.Why?  There are two critical reasons the current record level of U.S. oil production won’t last and is also, a house of cards.  First of all, oil
Thursday, February 8, 2018
Keith Weiner - Monetary Metals
Monetary Metals Brief 2018
Predicting the likely path of the prices of the metals in the near term is easy. Just look at the fundamentals. We have invested many man-years in developing the theory, model, and software to calculate it. Every week we publish charts and our calculated fundamental prices. However, predicting the outlook for a longer period of time is much harder. The fundamental shows the relative pressures in the spot and futures markets, but they only show a snapshot. They do not predict how those pressures
Monday, January 29, 2018
Jesse - Le Cafe Américain
FOMC Meeting And Non-Farm Payrolls Next Week -
"And the beast was given a mouth for uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months." Rev 13:5 The attendees were describing the mood in Davos today as 'exuberant.' Trump addressed the assorted billionaires movers and shakers, there this afternoon, asserting that 'the US is open for business.'   He also took some time to take a shot at the press and 'fake news' in response to reports that he had tried to fire the special counsel Mueller l
Saturday, January 27, 2018
Richard Mills - Ahead of the Herd
Resurgent US oil industry priming the economic pump
Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes. One of the hardest hit countries was Venezuela, whose petr
Friday, January 26, 2018
SRSrocco - SRSRocco Report
The Market Underestimates The Tremendous Energy Consumption By The Gold Mining Industry
While the gold mining industry reports energy as only 15-20% of its total production costs, the total amount consumed by the industry is much higher.  The market underestimates the amount of energy consumed by the gold mining industry because of the way it is listed in their financial statements.  Thus, it takes a great deal more energy to produce gold than the market realizes.Due to the complex supply chain system that we depend upon, most of the energy that is consumed in the production of goo
Thursday, January 25, 2018
Ronan Manly - Bullion Star
US Gold Reserves, Of Immense Interest to Russia and China
Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury. The first of these articles, published by RT on 30 December 2017, is titled “US gold of
Friday, January 19, 2018
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