Forex Books Talking

equipment, and manpower and build-out of air-, naval-, and ground-force bases, and the agreement in the last week with Iran, Iraq, and Syria on intelligence and security

Syria on intelligence and security cooperation—could contribute to Russian efforts to combat the myriad negative pressures on Russia's vital energy industry.

Michael Lewitt writes: We’ve talked about the massive Debt Supercycle and why it can only end in the market crash I’m now predicting. (If you want a refresher, download my “Super Crash Report.

Dr. Kent Moors writes: The Energy Information Administration just released its latest report on oil. And although I’m no conspiracy theorist, what’s going on in oil pricing has all the earmarks of a setup.

Each week, the report tells us what the crude oil and oil product markets looked like as of the previous Friday. It is usually the yardstick by which analysts appraise everything

which analysts appraise everything from oil supply through refinery utilization to the markets for processed products such as gasoline, diesel fuel, and low sulfur content heating oil.

MoneyMorning.com Dr. Kent Moors writes: The nine years of historically low interest rates will continue in the wake of Fed Chairwoman Janet Yellen's decision to not hike rates – to not yet remove the proverbial punchbowl from the easy-money party

It was a classic "50-50" proposition; it didn't seem likely the Fed would move to roil global markets, but given the perceived strength of the labor market, a hike wasn't out of the question.

On September 10th the EIA reported a production decline in the Lower 48 -- essentially shale production -- of 208,000 BOPD. That is a staggeringly enormous number, approximatel

staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Additionally, it was a week-over-week number which makes it all the more impressive

number which makes it all the more impressive. Yet it received little attention through the week. Rather, Goldman Sachs was grabbing all the headlines with its $20 call on oil.

Specifically, the price of U.S. benchmark West Texas Intermediate (WTI) crude oil went from $38.09 per barrel to $49.20 per barrel. That's a 29.2% increase in just five trading days – one of the most extreme short-term rises we've ever seen.

MoneyMorning.com Dr. Kent Moors writes: After nine years of historically low interest rates, the Fed is finally getting ready to remove the proverbial punchbowl from the easy-money party.

As it stands, Yellen & Company are only contemplating a mere 25 basis rate hike and even that now seems unlikely.

According to the CME Group’s FedWatch tool, the Fed Funds futures contracts are pricing in a below 25% chance of a rate hike later this afternoon.

MoneyMorning.com Dr. Kent Moors writes: I have decided to write a long prelude today to a discussion that will conclude in the next edition of Oil & Energy Investor.