Greece Default & Bitcoin

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As we predicted multiple times, OPEC did not cut production at their June 5th meeting. They will leave output unchanged at 30 million barrels per day for the next six months, ensuring a continued glut of oil on world markets…

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4 COMMENTS

  1. China is a NWO laboratory.

    SGE is hyper physical to sell the cartel changeover to their new main base in china/singapore where they have a nice black box market and pliant population set up – after the price discovery hand off and a few years of high prices to sell it, that hyper physicality will vanish quickly and you will see the mother of all smackdowns – after which, you wont be able to run a mine profitability anywhere in the west (prediction). -JVR 06.09.15

  2. Meanwhile, rig counts are off by over 110% from june last year to around 868 with significant declines in Eagle Ford and Bakken output expected – there is a big turn around coming for oil and a race to implement domestic infrastructure is inevitable.

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