Good news for Saudi Arabia, but hurdles remain.
Yuan-backed oil futures can shatter the US dollar dominance on the crude market, according to experts polled by RT. However, the greenback will not give up the top spot easily.
Bullion prices are set to climb because there’s been a lack of exploration and the global industry isn’t replacing the reserves it’s been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp.
The student loan debt crisis made headlines on March 22 after Senator Brian Schatz, along with other legislators in Washington, introduced the Debt-Free College Act, an act that will reportedly reverse the debt crisis in America.
The dollar fell against the yen and Swiss franc on Wednesday after China retaliated against the Trump administration’s plan to slap tariffs on Chinese goods, proposing a list of similar duties on a wide range of U.S. imports.
Jim Rickards expresses his opinion about the evolution of the trade war between China and the USA.
The trade war, the economic crisis and the weak dollar are boosting investment in gold, which is rapidly increasing in value.
The Prices Paid Index has just increased for its fourth consecutive month to 78.1 ; its highest level since April 2011.
An oil price increasing is probably coming soon.