Guess What Happened The Last Time The Price Of Oil Crashed Like This?

a reply to: HarbingerOfShadows

Two words, economic warfare.

Yes, WWIII is now being fought economic.

Here is some more about how Russia and China are holding the cards...

Link 1

Link 2

the real reasons for USD strength, Russian Ruble decline, cheap OPEC oil that benefits Japan, the stress on domestic shale oil producers/fracking companies going bankrupt... is not a logical A-> B-> leads to C equasion.

the series and levels of market manipulation of oil/gold/equities/CPI, inflation, employment.... are indeed twisted all over the place and very difficult to unwrap

the Masters-of-the-Universe in DC-NYC wall street/London high street/the BIS & all the Central banks in every select group (Gulf States, EU, AngloAmerica, BRICS) are all trying to escape the $700Trillion derivatives monster lurking in the shadows... so all types & kinds of market manipulations are being used to gain a one-upsmanship foothold for the moment

a reply to: BornAgainAlien

The ruble has crashed due to the situation.
So, yea....

Hey Ricky DD, I don't give A Hoot about The Geopolitics of all this BS. Just give us Sub $1.00 gasoline and our economy will BOOM Here in The US. That's all that matters Peace, Arjunanda. a reply to: RickyD

a reply to: St Udio

my earlier post attempted to put in perspective that the economic/financial mess we are busy creating is way beyond a casual analysis.... the whole thing is bigger than a whole hour of lecturing...

take this link for example.... it is estimated that the fraud/ the fake economic sphere is more than $1,000. Trillion in volume and now even covers food chain elements along with all the other monetary absreactions we put a value upon


link and snip here:

...By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), says recent bombshell evidence shows intense central bank “interventions” at the CME Group, which handles $1 quadrillion ($1,000 trillion) worth of business annually. Powell explains, “The greatest documentation that’s come out recently has been filings by the CME Group which operates the major futures exchange in the United States. They filed a letter with the U.S. Commodity Futures Trading Commission (CFTC) . . . showing that central banks are receiving special volume discounts for trading futures on all the major futures exchanges, not just financial futures contracts and metals futures contracts, but even agricultural futures contracts. The CME Group’s most recent 10-K filing with the U.S. Securities and Exchange Commission (SEC) lists its customers. Included in that list are governments and central banks. This is really a sensational development. Nobody can trade against central banks, they create infinite money. If central banks are secretly trading in the futures markets, there are no markets. The CME Group defended this as a matter of adding liquidity to the futures markets, but it’s liquidity in the sense of the Atlantic Ocean.”

source ... usawatchdog.com...

wage+price controls next...

consider that there is not just ONE but Many Conductors of this Orchestra playing the Global Economic Systems

good grief as Charlie Brown would say

a reply to: blkcwbyhat

Or maybe we stomp the Middle East until there's only Saudi Arabia. Then we tell them how it is. Oh, that's what we are doing. Can't have that petrodollar failing.

OPEC

Algeria
Angola
Ecuador
Iran
Iraq
Kuwait
Libya
Nigeria
Qatar
Saudi Arabia
United Arab Emirates
Venezuela