Oil prices rally as U.S. crude products publish a weekly decline as well as Hurricane Sally curtails production

Oil futures rallied on Wednesday, with U.S. prices ending above forty dolars a barrel after U.S. government data which demonstrated an unexpectedly large weekly decline in U.S. crude inventories, while output curtailments in the Gulf of Mexico caused by Hurricane Sally worsened. U.S. crude inventories fell by 4.4 million barrels Continue Reading

Pierre Lassonde on $20,000 gold price and’ most unbelievable margins’ ever.

When the Dow Jones to gold ratio retrace to 1:1, which it’s on a few events in the past, the gold price could very well climb to $15,000 to $20,000 an ounce assuming the metal catches up to the Dow, according to Pierre Lassonde, chair emeritus of Franco-Nevada. Lassonde retired Continue Reading

Pierre Lassonde on $20,000 gold price and’ most unbelievable margins’ ever.

If the Dow Jones to gold ratio retrace to 1:1, that it’s on several events of the past, the gold price could very well rise to $15,000 to $20,000 an ounce assuming the metal catches up to the Dow, based on Pierre Lassonde, chair emeritus of Franco-Nevada. Lassonde retired from Continue Reading

Bitcoin price charts hint $11K will likely cause a problem for BTC bulls

The retail price of Bitcoin is regaining bullish momentum, nonetheless, the crucial resistance level around $11,000 might possibly stay unchanged for an extended period. While Bitcoin (BTC) has been showing weakness in recent months as BTC price dropped from $12,000 to $10,000, some light at the conclusion of the tunnel Continue Reading