Search Results for: oil prices

El economista Peter Schiff advierte sobre una nueva, Crisis entrante de la Gran Depresión, Critica cifras de inflación engañosas

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Pedro Schiff, autor de best-sellers y economista jefe de Europac, ha advertido sobre la llegada de un nuevo período de gran depresión en América. En una entrevista, Schiff declaró que el Índice de Precios al Consumidor oficial (IPC) números fueron diseñados para engañar al público y…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

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Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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El domingo, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

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At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes…

Turbulencia extrema del mercado: Los críticos califican la postura de Warren sobre Silvergate como “terriblemente mal informada”,’ SVB colapsa, La liquidación de tokens de Vitalik mueve los mercados, y más: resumen de la semana

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, A NOSOTROS. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Además, A NOSOTROS. Reguladores…

Experto predice un colapso económico inminente mientras las naciones BRICS se unen contra el dólar

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andy schectman, CEO de Miles Franklin Precious Metals Investments, explicó en una entrevista reciente que las cinco principales economías emergentes—Brasil, Rusia, India, Porcelana, y Sudáfrica, conocidas colectivamente como naciones BRICS, son “fusionándose contra el dólar.” Schectman cree que desde 2022, desdolarización…

‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

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Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 y $85 por unidad, Goldman Sachs analysts…

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

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109 years ago, los Estados Unidos. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, más que 96% of the greenback’s purchasing power has been erased…

While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%

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Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% año con año. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high….