Oil Price Rises After Nigerian Rebels Attack Shell Platform

Crude Oil rose above $70 a barrel attack by Nigerian militants closed a field operated by Royal Dutch Shell Plc, further cutting production from Africa’s largest producer.

The move followed a 2 percent gain on Thursday and put oil on course for a 4 percent gain this month, buoyed by prospects for an economic recovery that has lifted prices from below $40 over the past four months.

The release of the June consumer sentiment index by the Reuters/University of Michigan Surveys of Consumers at 1355 GMT was expected to reflect a mildly improving outlook for the U.S. economy, auguring well for ailing world energy demand.

By 1216 GMT, benchmark August U.S. crude oil CLc1 was up 3 cents per barrel at $70.26, having hit a high of $71.29, up $1.06. London Brent LCOc1 rose 2 cents to $69.80.

Why Gold and Silver are Precious Metals ?

What make Precious Metals precious:

precious metals are rare metals found in very small amounts in the planet earth hence the high economic value
Gold, silver, and the platinum group metals are known as the precious metals. Some craftsmen also call them the noble metals.Relatively scarce, highly corrosion-resistant, valuable metals. Gold, silver and platinum are examples of precious metals.Materials such as gold, silver, and platinum that offer an alternative form of investing The industry defines gold, silver, platinum, and palladium as precious metals. Unlike gemstones, the term precious is still widely accepted when used to delineate High-value, low-volume, scarce metals such as gold, palladium, platinum and silver.This is a video I have created to explain the reasons behind why precious metals have intrinsic value. Peter Schiff, Ron Paul, Jim Rogers, Marc Faber, Gerald Celente, Gold, Silver, Platinum, Fiat Money, Inflation, Currency Devaluation, Federal Reserve, Banks, Bank of England, Dollar Collapse.

Bob Chapman on Political Pistachio Radio Revolution

27 June Bob Chapman on Political Pistachio Radio Revolution , Topics are Obama, Bildeberg and Conspiracy , None Dare Call It A Conspiracy by Gary Allen serves as a monologue before and after the interview of Bob Chapman who says the wrong person was sacked for misuse of government funds, and the strings of history are being pulled, and guided. - Conservative News and Commentary