http://www.illuminatisilver.comToday is Tuesday 12th January 2016 and we are briefly covering the issue of the recent Slump in oil prices.
Brent crude prices fell by more than 3 per cent to $30.43 a barrel today, extending losses over the first seven trading sessions of 2016 to 17.3%. At the time of this video it stands at $30.96 down 1.8% and extends a nearly 7% drop from Monday. Reasons given for this fall ranges from: too much supply, the weakening Chinese economy, sliding stock markets, and a strong dollar, which makes it more expensive for those using other currencies to buy oil.
Morgan Stanley analysts have stated that “oil in the $20’s” is possible if China further devalues its currency and economists at the Royal Bank of Scotland predict that it could slump to $16 with Standard Chartered Bank being the most bearish of all predicting a crash down to $10 a barrel.
Like most commodities currently the trend is certainly lower and we foresee this also continuing in the gold and particularly in the silver market during the first half of 2016.
Since the start of the week Silver is down some 12 cents from $13.94 - $13.82 and gold is down s$15 from $1104 - $1089
Please view our other more recent videos:
Gold and Silver Buyers should note carefully what is happening in China
https://youtu.be/_zb4Hl5QmpUGold and Silver Update week ending 7th January 2016
https://youtu.be/s7aD0s5LJisGold and Silver Price Manipulation Part 2 of 11 by illuminati silver
https://youtu.be/v9JmEeTmeAgGold and Silver Price Manipulation Part 2 of 11 by illuminati silver
https://youtu.be/SU5F60uOKNwGold and Silver Price Manipulation Part 1 of 11 by illuminati silver
https://youtu.be/QpchGpxNbq8China Share Trading Halted after Stock Market Plunges 7%
https://youtu.be/VjRTsqelPeMGold and Silver Price Roundup and Comparison 2015
https://youtu.be/Lk-8TgsUnz41 KG Proof Silver Nelson Mandela Commemorative Medallion
https://youtu.be/OVO0F3juRtsGold and Silver prices rise on back of Iranian Diplomat expulsions by Saudi Arabia
https://youtu.be/MSId-nDbYKIChristmas Silver Unboxing by Illuminati Silver
https://www.youtube.com/watch?v=sBoVuwpQSC4Bilderberg Group – Who they are and what they do - Conspiracy?
https://youtu.be/DZc8c5TSQsIThe Gold and Silver Pumpers Christmas Song - by illuminati silver
https://youtu.be/druZd0ZAWRUPeter Schiff was wrong on interest rates going up in 2015
https://youtu.be/6EJQ2t_6k0sFED Raises Interest Rates by 0 25% Gold and Silver Rise prior to the Announcement
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