Crude oil prices have fallen precipitously for five straight months. Since June, West Texas Intermediate (WTI) has dropped 29.3%.
And Bakken Shale stocks have been taking the brunt of that price collapse.
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Gold in 2015: What the Gold Repatriation Movement Tells Us
Germany, Poland, Venezuela, Ecuador, Mexico, the Netherlands, and Switzerland are just a few of the countries that have recently repatriated their gold or hosted movements to do so.
And now France joins the list.
This growing trend provides a clue about gold in 2015 – and we'd be wise to track it very carefully…
What's Next for Crude Oil Prices and Stocks After OPEC Meeting
Last week's OPEC meeting in Vienna, Austria, was billed as the most important gathering of the cartel in years, with huge implications for crude oil prices.
The meeting's importance was felt almost immediately. After OPEC nations announced they would not cut oil production, oil prices plummeted. WTI crude oil is now down 37.8% from June and Brent oil is down nearly 40%.