oil

280 Articles 0 Followers


Russian Oil For Gold A Real Possibility in 2023

24 Dec 2022 6 minute read 0 comments SweptOverNiagara

There's a fellow I follow on Youtube who goes by the name @Economic Ninja who regularly uploads very informative financially related videos and recently, one of his videos caught my eye in which he talks about Credit Suisse's Zoltan Zohar, who had re...

Will Russia sell at $60?

6 Dec 2022 3 minute read 9 comments qsyal

Ever since Russia started its war against Ukraine in February earlier this year (what a long year!), western countries are overtly and secretly trying to cut Russian revenues that can be used for financing the war. The two big elephants in the room a...

Gold Silver Pop / Bitcoin Drops $2,000 Ahead of Midterms

8 Nov 2022 1 minute read 0 comments SweptOverNiagara

Quick Update: This morning both gold and silver popped which appears to have something to do with the midterm elections in the USA. Other than that. there doesn't seem to be anything else that would cause gold and silver to jump as much as it did. As...

Ukraine/Russian conflict information

17 Oct 2022 1 minute read 0 comments Dennis76

The Russian attacks continue on Ukraine via missile strikes and drone strikes today. The Ukranians have also attempted further attacks in the Kherson region but were repulsed by the Russians.  Foreigners have been advised to leave Ukraine as Russia b...

Bank of Canada Raises Rates by 75 Basis Points

7 Sep 2022 3 minute read 0 comments SweptOverNiagara

Just got word the BoC has just increased its key lending rate (for the fourth time this year) by another 3/4 percent with the overnight rate now set at 3.25%. The Governing Council still expects more rate hikes 'given the outlook for inflation'. This...

Green Energy Is A Scam

5 Sep 2022 1 minute read 2 comments Liberty John

    I see a lot of the kids excited about electric cars and solar panels n stuff n such. I guess I'm just getting old, but I don't get it. Fossil fuels are the power of our modern world. Without them, a few billion of us will die. Solar power does h...

Spot Gold Dips Below $1,700 USD

1 Sep 2022 1 minute read 0 comments SweptOverNiagara

The U.S. dollar strengthened to a high this morning or 109.547 which is a near 20 year high while WTI (West Texas Intermediate) and Brent Crude oil are both down for the day by 2.86% and 2.57% respectively. The strength of the dollar and weakness of...

When without resources

4 Aug 2022 2 minute read 0 comments Alther

What would the world be like without resources? Of course, there will be many things that will be difficult to do and find solutions for adjustments when world conditions have run out of resources. Image by David ROUMANET from Pixabay  Indeed t...

Silver Does A Bounce Down!

19 Apr 2022 2 minute read 1 comment SweptOverNiagara

Yea, looks nasty indeed. That's a good 90 cent drop before recovering, albeit, slightly. It's the hedgers having their fun but this time, silver stayed above $25. There's no real reason for silver to have gone down otherwise. Hold on to your silver b...

If in good faith you are anointing me king over you, then come and take refuge in my shade - Daily Bible Reading: Tuesday, April 5, 2022

6 Apr 2022 2 minute read 0 comments evgenima

Judges 9:7-15 (NRSV) ​7When it was told to Jotham, he went and stood on the top of Mount Gerizim, and cried aloud and said to them, "Listen to me, you lords of Shechem, so that God may listen to you. 8The trees once went outto anoint a king over t...