Oil Wars: U.S. Shale Oil to Crash American Economy.

  Plunging commodities and rising US Dollar are signalling deflation, will ECB QE save the world with Chinese stimulus now? Can FED really raise the rates in this situation? Yesterday's run on Gold could show us the things to come. FED Open Mouth Committee can start to talk the US Dollar down now. Euro is weak enough already to hurt US corporations earnings. Triple blow from killed Shale Oil, slowing export and going down earnings from overseas will put FED in the corner. Strong dollar means deflation - the very thing they are fighting against now. Once dollar will reverse its parabolic rise we can have our day with gold. Gold above $1,350 will bring this story back on the mainstream investors' radar screens.

Oil Wars: How Low Can Oil Go?

 How low can oil go? What will happen at $20 dollar Oil? Will this crash trigger another financial crisis and Great Recession?

Jim Rickards Discusses Future of Saudia Arabia.

   Oil is the wild card played last year on the backdrop of all Currency Wars. Now the Shale Oil related financing could bring the shock to the whole financial system again. 

Next Meltdown: Oil Crash And Derivatives 10 times The Size Of The Global Economy.

Just one more thing to get you started your own research. Is it one of the reasons why China is buying so much Gold now?

David Morgan: Oil, Derivatives And Unbelievable Lack of Trust in the System.

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?

   "Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.

  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?"

Oil Wars: How Low Can Oil Go?

  How low can oil go? What will happen at $20 dollar Oil? Will this crash trigger another financial crisis and Great Recession?

Jim Rickards Discusses Future of Saudia Arabia.

   Oil is the wild card played last year on the backdrop of all Currency Wars. Now the Shale Oil related financing could bring the shock to the whole financial system again. 

Next Meltdown: Oil Crash And Derivatives 10 times The Size Of The Global Economy.

Just one more thing to get you started your own research. Is it one of the reasons why China is buying so much Gold now?

David Morgan: Oil, Derivatives And Unbelievable Lack of Trust in the System.

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?

   "Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.

  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?"

Frank Holmes: U.S. Consumers To Be Big Gold Buyers, Mining Stocks May Turnaround.

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.

  

  The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?

Eric Sprott: Global Gold Demand Is Overwhelming Supply.

Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?

  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

http://www.platformwebcast.com/scotiabank021214/index25.html#

TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.

  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.

James Rickards - Next Crash Exponentially Larger than Any Financial Panic in History.

"James Rickards, best-selling author of “The Death of Money,” says a huge financial panic is a mathematical certainty. Rickards explains, “It is a mathematical certainty, but I can take it further . . . what you don’t hear is this will be exponentially larger than any financial panic in the past. . . . The next time, the Fed is going to be in trouble. They are already insolvent on a mark- to-market basis. Each bailout gets much bigger than the one before. The Fed has a 10 foot seawall, and they are going to get hit with a 50 foot tsunami."

Jim Rickards: 16 Intelligence Agencies Have Issued Alarm Report On US Dollar Reserve Status.

  "It is good time to contemplate on the gold fundamentals while the sentiment in the Gold market is hitting  another low and US Dollar seems to be rising with stock markets straight into the sky now. We have now Jim Rickards himself to dissect all ongoing "Currency Wars" which lead us into "The Death Of Money".

  Developments in Switzerland and China are coming now right from the pages of Jim Rickards's books. And if you think that Currency and Trade wars in late 1920s are different from what is happening now in Europe with Russia and Ukraine, this video is for you. Read more."

Swiss Gold Referendum: What Is It All About? UBS: 1,500 t Of Gold Buying By SNB At Stake.

It is the very good speech, but the most significant here is the place where it is happening: Swiss Parliament. It could be very much the beginning of the global reset.

And who is buying Gold now:

In Gold We Trust @KoosJansen.

Swiss Gold Referendum: People of Switzerland Demand Global Gold Recall Despite Central Bankers.

  "Mass media is very slow to pick up on this groundbreaking development in Switzerland. Scotland referendum, Catalonia quest for independence will be just orchestrated "democratic noise" compare to this real democracy in action and its implications for the worldwide financial system. China  or Switzerland - who will be first to create the gold backed currency now? Read more."

Jim Rickards: 16 Intelligence Agencies Have Issued Alarm Report On US Dollar Reserve Status.

  

  It is good time to contemplate on the gold fundamentals while the sentiment in the Gold market is hitting  another low and US Dollar seems to be rising with stock markets straight into the sky now. We have now Jim Rickards himself to dissect all ongoing "Currency Wars" which lead us into "The Death Of Money".

  Developments in Switzerland and China are coming now right from the pages of Jim Rickards's books. And if you think that Currency and Trade wars in late 1920s are different from what is happening now in Europe with Russia and Ukraine, this video is for you.

Swiss Gold Referendum: People of Switzerland Demand Global Gold Recall Despite Central Bankers.

  "Mass media is very slow to pick up on this groundbreaking development in Switzerland. Scotland referendum, Catalonia quest for independence will be just orchestrated "democratic noise" compare to this real democracy in action and its implications for the worldwide financial system. China  or Switzerland - who will be first to create the gold backed currency now? Read more."

Gold And Madness Of Crowds - ZeroHedge: Summarizing The "Long Dollar Trade" In One Chart.

And who is buying Gold now:

In Gold We Trust @KoosJansen.

The Swiss Gold Initiative: Stop Selling Gold, Store All Gold In Switzerland And Back Swiss Franc With 20% Gold.

NATO: Russian Spies Against "100% Safe Fracking", Two-thirds Of US Shale Oil "Could Be Stolen By Chinese Hackers."

  We had two great jokes this week:

Climate Progress @climateprogress · Jun 19

Oil and gas CEO: '100 percent, fracking is safe' http://thkpr.gs/1lD6K3K  pic.twitter.com/r92FgEPnkz

 

and I thought for a while that it will be definitely the best one of the week until another one came:

Friends of the Earth @wwwfoecouk · Jun 20

Nato boss claims Russia has secretly infiltrated green groups fighting #fracking, reports today's Independent: http://ind.pn/1iLNRG0 

  I am not sure that even "evil Putin" can go as far just to protect our houses in UK from fracking, earthquakes and us from cancer coming with the contaminated water in order just to sell his Oil. China is buying it anyway? But let's just stop messing with it and Just Stop Buying It!?  Let's all go Electric. Elon Musk has shown us how it could be done going Open Source On Electric Cars with Tesla's patents open to all now.
  Who can Stop us? Exxon, BP,  Royal Dutch Shell, Chevron, Total, Eni, Statoil, ConocoPhilips? Anybody else from The  World' 25 Biggest Oil Companies? They are all becoming green and even like BP - Beyond Petrolium. Just wait, they are working on another Needle just to keep us all happy with the Hydrogen. By the way the same "Russian Spies" must be behind the 20% stake of BP in Russian Totally Evil Rosneft?
  But lets get down to business from our conspiracy theories here, mass media keeps it very quiet as it must be "the Chinese Hackers who stole Two-thirds of US Shale Oil Reserves"? I was not able to confirm this report and please do not rely on it in any sense. I will repost my research in these high octane matters as Iraq situation reminds us all what is it all really about as Oil Is Running Out. The Ugly Truth is That There Is No Cheap Oil Left Anymore.

Lithium Catalyst: Hydrogen Dreams And Write-down Of Two-thirds Of US Shale Oil Explodes Fracking Myth.

  

  If you have noticed, last few weeks Hydrogen powered cars were seriously pumped by some media outlets and auto-makers. Elon Musk was stealing media attention by makingthe headlines with his Tesla Motors Gigafactory and UK "occupation" by Tesla Model S, but now we have another very important reason for Hydrogen story revival.

"We have discussed with you my personal vision of the Market for Electric Cars and Lithium Industry developments yesterday. I might be very "responsibly conservative" for the prospects of our Lithium Battery Industry after all!  Today you get the bold vision from our Electric rEvolution leader-in-chief Elon Musk. AutoBlogGreen reports: "Tesla CEO Elon Musk Expects "Hundreds" Of Battery Gigafactories. Read more." 

  I am sceptical about Hydrogen and picture below shows the Hydrogen economics - Battery Electric Cars are much more efficient. Add here the billions of dollars needed to be invested for the infrastructure to be in place and you will get the picture who is sponsoring the effort.

  You just need to check who is behind Hydrogen infrastructure: it is the same faces - Big Oil. Who else will be able to create the necessary Hydrogen production, storage and distribution? Idea is to change one Needle with Oil to another Addiction. 

  I personally have nothing against Hydrogen, when economics will be right. For those who are afraid of the Lithium Battery fires I can only say that driving highly pressurised Hydrogen in the tank will be quite another experience. 

  Actually, in my discussions with Mercedes who is moving forward E-Cell concepts they have explained to me that their Hydrogen powered cars will have Lithium Battery on-board. Hydrogen Cell only produces Energy, it cannot store it and Regenerative Breaking is the very important source of Energy which could be only stored in the battery on-board. Another very important consideration is the so called specific power: the ability of Lithium Battery to provide very high rate of discharge which allows famous Electric Car instant torque. Hydrogen Fuel Cells are lacking such important energy dynamics. Hydrogen Fuel Cells basically will provide the Range Extension to the Battery Powered Cars.

"Mercedes-Benz reports on 3.3 M km of B-Class Fuel cell testing, looks ahead to next generation.
  Based on an optimized, more compact fuel cell system presented by Mercedes-Benz in its F 600 HYGENIUS research vehicle in 2005, the 80 kW stack module in the B-Class F-CELL is around 40% smaller, but develops 30% more power output and cuts fuel consumption by 16% compared to the A-Class stack. Stack lifetime has increased to more than 2,000 hours.  The electric motor has a continuous / peak performance of 70 kW / 100 kW (94 hp / 136 hp) and a maximum torque of 290 Nm (214 lb-ft). Range (NEDC) is 385 km (239 miles) and refueling time is about three minutes. The fuel-cell car uses a lithium-ion battery pack with an output of 35 kW and a capacity of 1.4 kWh to boost power and recover braking energy. Green Car Congress".

  Now we can look at all these events in another light. Dr Nafeez Ahmed reports in The Guardian: "Write-down of two-thirds of US shale oil explodes fracking myth":

"Industry's over-inflated reserve estimates are unravelling, and with it the 'American dream' of oil independence

Next month, the US Energy Information Administration (EIA) will publish a new estimate of US shale deposits set to deal a death-blow to industry hype about a new golden era of US energy independence by fracking unconventional oil and gas.

EIA officials told the Los Angeles Times that previous estimates of recoverable oil in the Monterey shale reserves in California of about 15.4 billion barrels were vastly overstated. The revised estimate, they said, will slash this amount by 96% to a puny 600 million barrels of oil. The Guardian."

  I think that we all can appreciate much better the report by David Hughes at Post Carbon Institute "Drill, Baby, Drill" Can we talk now that fracking potentially has just only postponed The Peak Oil? Chris Nelder gave a very good interview on this subject in depth last year: "Peak Oil Isn't Dead".

     Have you checked you fuel Gas or Petrol receipts lately? If we have so much Oil from fracking why the prices are still so high? Even with the Global Economy still recovering at very tepid pace? What will happen when FED's QE will produce its miracle - "The Solid Growth"?

  Add into the picture the air pollution from all types of ICE engines, when in China major megalopolises are literally suffocating with horrible air pollution and people are sold "The Mountain Air In The Bags". 

Pollution-hit Chinese city gets packaged fresh mountain air

 "I find it particularly encouraging that this year all major automakershave announced J/V plans to produce Electric Cars in China. Chinese government has declared war on pollution and we are proud to be part of such a noble case: to keep the air clean to breath, but allow personal mobility in most densely populated urban centres in the world. We are talking here about mass market for Electric Cars. Now we have the Lithium battery technology to make it happen. International Lithium works on the security of Lithium supply for this Electric Revolution.

  Talking about Lithium demand, I have to mention the rapid growth in Alternative Energy. Solar and Wind Power will provide further increase in demand for the Secondary Storage, Lithium Battery technology advancing in this field very fast these days. Autonomous Robotics systems will be another very important customer in the future for the Lithium Industry. Read more."

 Now, maybe, we can have the better understanding why Elon Musk is so confident in his plans for Electric Cars and at International Lithium we are doing our part to change the world into a better place, where the exhaust pipe could be found only on the old pictures one day.

  

The Art Of War For Resources: How China Fooled The World ... And Will Do It Again - "Surprise PMI Rise"

  This weekend China came out with the surprise: PMI rose to the highest level in five months Reuters reports: "China Official PMI Hits Five-month High In May, Boding Well For Q2":

"(Reuters) - China's factory activity expanded at the fastest pace in five months in May due to rising new orders, official data showed on Sunday, reinforcing views that the world's second-largest economy is regaining momentum in the second quarter following Beijing's targeted measures to bolster growth. Reuters."

  The timing of the rebound is quite interesting: China has just announced the "Holy Grail Deal" worth 400 Billion with Russia on Gas and Oil and Minmetals has just bought Las Bambas Copper for 5.85 Billion in Peru. Copper has immediately celebrated the news with 1.2% rise on the day yesterday. Welcome the The Art Of War For Resources in the age of Currency Wars and The End Of Money.

TNR Gold Los Azules M&A: Copper Rises to 11-Week High on Optimism From U.S, China.

"Finally Dr Copper is waking up to the positive news from China that the end of the world will be postponed again.

"China continues its buying spree of copper assets all over the Globe: last month the huge Las Bambas copper project in Peru was bought by Minmetals Group for $5.85 B and now Guandong is bidding for PanAust. Reuters reports on the deal and you can notice how the activity in M&A by Chinese companies is picking up during the "soft market". It is the very important indication of the major bottom in the mining cycle: it is cheaper "to dig" for Copper and Gold on the Stock Exchanges now, when valuations of assets in the ground of listed companies are discounted by the depressed mining markets.  Read more."

Sufiy.:

How China Fooled The World ... And Will Do It Again.

  "This documentary brings the very important perspective to the China's economic miracle. We do agree that Collapse of China will be nothing less spectacular than its Rise, but will it ever happen? Nobody questions that the growth above 10% is unsustainable, but will anything "less amazing" like 7.0% -7.5% will Crash China? Western media would like us all to believe so. We are not convinced. Timing is very suspicious. West is desperate for another War, for anything to fight for ... with its last Empire attribute left - The Military Industrial Complex. Whether it is Syria, Ukraine or even China does not really matter. Whatever it takes to keep the party going.

  So far we can tell that China is laughing all the way to the bank with lower prices on all assets including Copper and Gold. Why pay more if you can pay less? Nobody knows for sure how the rebalancing in China will work and whether domestic growth will smoothly overtake the export driven economy. The only one thing we can tell for sure is that China implements the state-level plan to accumulate and secure the strategic supply of critical commodities like Lithium, Copper and Gold. Situation will be always more complex than any article or even this documentary can analyse, but Financial Wars will unlikely weaken China's Rising Power and West will have to deal with the very strong competition for the diminishing Supply of all crucial commodities.

  China is already busy weakening Yuan in order to stimulate export and next round of economic stimulus maybe just around the corner. We have to mention another very important thing here: in the West the stimulus goes to those who are closer to the FED, bubbles in equity markets are not making new infrastructure for future development. Appearing in the documentary of Henry Paulson is the very good reminder of it. In China, despite all unquestionable corruption and mistakes, economic stimulus normally means high speed railway systems and new roads and airports built all around the country."

Powered by Lithium: This New BYD Electric Car Is Demolishing The Competition In China ILC.v TNR.v LIT TSLA

Smog in China.

  Investors are still connecting the dots and far reaching implications of the Tesla Gigafactory for the Electric Cars, Solar and Wind power industries. The real players are taking steps already to secure the supply of the strategic commodities like Lithium for the ongoing Electric Revolution. China is literally chocking up with pollution in all major cities and government has announced dramatic shift towards the cleaner economy. Electric Cars will be the very important part of it.   We will have to learn the new names like Ganfeng Lithium - China has very quietly built the Lithium Industry over the last few years and now controls the very big part of the world-wide Lithium Materials market. Now these companies have grown up and searching the globe in order to built vertically integrated conglomerates with value chain from raw materials to the Lithium Batteries. International Lithium from Canada has built the portfolio of Lithium Projects spanning the globe from Canada to Ireland and Argentina and is moving forward with development in the partnership with Ganfeng Lithium. Do your own DD and enjoy the ride, hopefully in the Electric Car! Read more."