Economists predict a 75% collapse in oil shale production by 2025 in the United States.
After the first sanctions imposed on Iran last July, India continues to buy Iranian crude oil despite increasing pressure from the United States.
RBI buys Gold for the First Time in Ten Years; China Sanctioned once again by Donald Trump ; CFTC Sentences BNP to Pay $90 Millions Fine
The Gold Reserves of the National Bank of Kazakhstan hit 321 Tons; Washington Confirms New Tariffs on 16 Billion Dollars on Chinese Imports; Beijing Responds with 25% Tariffs Worth $ 16 billion on American Products.
Russia raises its Gold reserves to New Highs; Venezuela Will Reach an Inflation of 1,000,000%; U.S: Quarterly GDP Growth of 4.1%, the Highest in 4 years.
Venezuela chooses to Refine Gold in Turkey because of the American Sanctions; The Yuan is once again in Free Fall; Russia sells its US Treasury Bonds.
Deutsche Bank flunked the FED stress test; Indonesia has extended Freeport McMoRan's operating license for the large Grasberg gold mine; American oil has reached $75 a barrel.
Platinum trades at its lowest level in 14 years a godsend for investors ; Major chinese banks support the yuan by getting rid of the US dollar; Gazprom affirms its leading position in Europe.
Europe looms to tax the U.S. to the tune of $300 billion ; Russia gets 65 billion USD following OPEC oil production cuts; J.RICKARD'S said that the dollar is a source of instability.
Switzerland prefers Physical Gold over Paper Gold ; Consumers prices rose with inflation reaching 2% for the first time in six years in the United States ; Russia lodged a complaint with the WTO against US customs duties.