Long Silver John

Saudis Drop WTI Oil Contract - But Why?

What would happen if OPEC priced oil in grams of gold?

G20 and IMF Gold: A Late April Fools'

You can almost hear them saying, in their meeting: "Hey, let's announce another huge stimulus." "But what about inflation concerns?" "Okay, let's also have the IMF dump some gold, to drive down its price and dampen any stampede to gold."

Watch for Yourself: 60 Minutes Oil Story Was Spot On

Aren't the dynamics of easy money on the oil sector about the same as the dynamics of easy money on the real estate market? Buyers sign up for future delivery at increasingly bid up prices, thinking they'll flip if for a profit. That builds up the price bubble. When they aren't able to sell at even greater prices, they hit the panic button and dump the contracts. This is straight out of the Austrian Economics theory, which focuses on money supply as causing boom and bust cycles.