Saudi Energy Minister denies report claiming potential 500,000 barrel/day increase by OPEC+. Signals potential further reduction of output in the future.
Investing Pioneer – November 21st – 3:45 PM EST OPEC+ continues a proactive approach to bolster or maintain higher oil prices in the context of a heralded certain recession. Today, November 21st, the Energy Minister of Saudi Arabia, Prince Abdulaziz bin Salman Al-Saud, denied a recent report claiming Saudi Arabia was discussing with other […]
No, It’s Not the Speculators Fault: BOJ Comment Draws Parallel to Nixon Shock Era
By Investing Pioneer October 24, 2022 – Investing Pioneer – 3:18 PM EDT The talk of the town these past few days has been the Japanese Yen. In short, it’s plummeting. In response, on September 22nd, the BOJ intervened to support their currency. By now, it seems like they’re doing it every other day. Google […]
How Hyperinflation of the Dollar Could Happen
Could the US Dollar hyperinflate? “If the debt which the banking companies owe be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, […]
