Oil costs rally as U.S. crude supplies post a weekly decline and Hurricane Sally curtails production

Oil futures rallied on Wednesday, with U.S. charges ending above forty dolars a barrel following U.S. government knowledge which proved an unexpectedly large weekly decline of U.S. crude inventories, while production 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 astounding margins’ ever.

When the Dow Jones to gold ratio retrace to 1:1, which it has on a number of 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, based on Pierre Lassonde, chair emeritus of Franco Continue Reading

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

When the Dow Jones to gold ratio retrace to 1:1, that it’s on a few events of 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, based on Pierre Lassonde, chair emeritus of Franco Nevada. Lassonde Continue Reading

Bitcoin price charts hint $11K will likely result in difficulty for BTC bulls

The retail price of Bitcoin is regaining bullish momentum, nevertheless, the essential resistance level around $11,000 may remain intact for an extended period. While Bitcoin (BTC) has been showing weakness in recent months as BTC price dropped from $12,000 to $10,000, a few light at the conclusion of the tunnel Continue Reading