A Shift In The Global Financial Order Is Upon Us

The collapse in bond yields, exacerbated by the crash in oil prices, marks an end to the era of trust in central banks… OPEC+: A 24-Hour View Coronavirus. That will be the first and last time this column mentions that word. Despite the weekend’s many developments in the epidemic, there is a new issue to drive…

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What Happened To Gold’s Safe-Haven Bid?

The US stock market continued its freefall last Friday. The Dow lost another 357 points to finish off the worst week since 2008. One would expect a save-haven like gold to thrive in the midst of the massive stock selloff, but it had a bad day on Friday as well crashing through the $1,600 mark and plummeting…

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The Danger Of Deeper OPEC+ Cuts

OPEC+ agreed to cut production by 500,000 bpd, sending oil prices higher on Friday. During mid-day trading, WTI was just shy of $60 per barrel, and Brent moved closer to $65. In total, the 1.2 million-barrel-per-day (mb/d) cuts from OPEC will rise to 1.7 mb/d. Those details had been reported on Thursday. But when OPEC+ made it…

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Persian Gulf Conflict Could Send Oil Beyond $325

There is no doubt that world war will be a part of the future. Christ plainly taught that there would be war prior to His return (Matthew 24:4-31). Some hold that He spoke generally of the Church age in verses 4-14 and spoke of the tribulation period starting at its mid-point in verses 15-31. Others…

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