Subscribe Now!

Subscription »

The New Great Depression and how to preserve your savings...

How to use the SHOPPING CART and get access to 500 pages of Financial Advice written by experienced analysts (site is updated daily - monthly)!

Benefits »

  1. Get access to the daily investment news updates
  2. Get access to all  +500 subscriber's sections
  3. Receive important email alerts and breaking news
  4. Access to email consultations and coaching. (limited - please inquire)
  5. Get a free analysis of your portfolio/savings (limited) - please inquire)
  6. Get up to 2 weeks free!
  7. Learn how to get your second passport
  8. Learn more about Non-Bank & out of political reach vaults
  • FEC ECB.png
  • vault panama us.png
  • real estate crash us.png
  • CRS vs FATCA.png
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • The majority is never right. Never, I tell you! That’s one of these lies in society that no free and intelligent man can ever help rebelling against. Who are the people that make up the biggest proportion of the population — the intelligent ones or the fools? I think we can agree it’s the fools, no matter where you go in this world, it’s the fools that form the overwhelming majority - Henrik Ibsen.


  • The mainstream (corporate) media is nothing less than the unofficial accomplice of the banking crime syndicate which is running/ruining our markets and economies. Nowhere is this despicable relationship more apparent than in its deliberate efforts to grossly misinform investors on the critical subject of risk.

    Jeff Nielsen

  • The business of investing rationally becomes problematic when market participants are pursuing maximum nominal returns without a second thought as to the real (inflation-adjusted) value of those returns and the location of the savings.


  • Comparing the currencies is like picking the prettiest horse in the glue factory. The history of all fiat currencies shows they all end up being valueless. Gold’s nobody else’s liability and it has no counterparty risk. It’s provided protection against destruction of wealth for centuries and we’re at the cusp of another major chapter in its illustrious history.


Free Newsletter

Oil Shares

Updated March 25, 2020 - There is an Oil War brewing...World War III!?

$XOI oil share index

BPENER oilsharesOverbought-Oversold ratio: STRONG buy!

oil pump Bullish Objective 2800
Resistance 1580
Support 1100 - 925
Bearish Objective 780
Technical pattern Oil shares: a SUPER BUY at these levels but not for a long term investment!

ExxonMobil and other major oil majors such as Shell produce more natural gas than oil. Therefore it is probably more correct to refer to them as energy majors than specifically oil producers.

The fact that Trump allows Oil drilling in Alaska, California, the Gulf of Mexico & Florida will be beneficial to the USA and proofs that the USA KNOWS there will be an Oil Shortage.

Shale Oil, Fracking and new technology are changing the GLOBAL OIL picture in a BIG WAY but they can and will only do this in the short run: fracking produces a LOT of Oil but the well dies fast!

XOI pf1
Short term candle
Chart comment
XOI candle1
  • Jan 11 - Feb 11, 2016: BOTTOM formation
  • June 13 - July 29: preparing the next leg
  • Jan 14, 2017: Bull Run
  • Jan 7, 2018: broken up the Head & Shoulders pattern = bullish
  • Jan 16: Head & Shoulders Target is 1,700 (+20%)
  • Jan 8 - Feb 18, 2019: BUY
  • June 27 - July 19: still a BUY - a WEAK MARKET with little or no volume tells us you best STAY AWAY.
  • Aug 19: This is a BUY at present level.
  • Sep 21: Drones of no Drones...Last Augustus Oil shares were a BUY!
  • Jan 7, 2020: Oil shares to profit from higher Oil  prices
  • Feb 17 - March 11: a BUY at present level! This is MADNESS.
  • March 25: our advise is to lower your position in Oil shares as Gaps are closed and the pullback reaches the 200 day MA
Long term candle
XOI candle2

Oil drillers & services

Oil shares - Yields Mar 2020 - only buy the GREEN & Blue (trend reversals) tagged Oil stocks.
Click on the name of the company to be redirected to their home page...
Do NOT sell but use Trailing Stops! Note how Support is now Resistance...and Resistance we have right now - as present levels are broken, the Oil shares will reverse their trend. TRY TO AVOID AMERICAN OIL SHARES! [*Caution - OXY fundamentals!!]
Occident. (OXY) BP
Exxon (XOM) Conoco (COP) Schlumberger.(SLB)
MRO pf1 OXY pf1 small BP pf1 XOM pf1 small COP pf1 SLB pf1 small
4.11% yield - Stop
21.90% yield - Stop
9.25 % yield - Stop
8.02 % yield - Stop
 4.16 % yield - Stop
11 % yield - Stop
 Oil drillers & services      
Halliburton (HAL)  WPX-Energy  12-month performance vs. SP500  12-month performance vs.   Gold Noble Drilling (NE)  Helmerich (HP) STOP LOSS
HAL_pf1 WPX pf1 oil RRG SPX oil RRG Gold NE pf1 HP pf1
8.31% yield
Buy - 1.86% yield
Bottoming 13.56% yield - Driller
Oil drillers & services
Obsidian Eng. (OBE.TO)  Husky (HSE.TO)  Baker Hughes (BKR)  Bellatrix (BXE.TO) Nabors (NBR) Money Flow Decreasing
OBEto pf1 HSEto pf1 small BHGE pf1 Deleted NBR pf1 oil FLOW
 SEC problem. was: Penn West 13.75 % yield - Stop! 5.66% yield - Stop!
5% Yield - Book value: $19.43
Non-North American Oil co's
Rosneft (ROSN.L)  Petrochina (PTR)* Royal Dutch(RDSb)* Repsol (Spain) Sasoil(SSL) Trans Can. Pipeline (TRP.TO)
100 % China Netherlands 40% China  South Africa
ROSNL pf1 PTR pf1 RDSb pf2 REPYY pf1 SSL pf1 TRPto pf1 small
5.13% yield - Buy
5.60% yield - Buy
 10% yield -BUY
6.38% yield
Diesel @ $60/bbl- 11.80% yield - STOP
3.55% yield- BUY
 Total (TOT)** Can Nat Res (CNQ) Petrobas (PBR) Enerplus Corp (ERF)  Equinor (EQNR)* - Norway BP Prudhoe Bay(BPT) Royalty
TOTAL CNQ pf1 PBR pf1 ERF pf1 EQNR pf1 BPT pf1
8.40% yield - Stop
yield 7.50% - Stop
yield 2.87% Brazil - breakout = BUY
 yield 4.63%
9.33% yield - BUY
Yield 35% - STOP

OIH candle3

  • There are dysfunction and craziness of the Oil markets and sooner or later it will backlash. The results can be devastating. Because of manipulation of the paper oil markets (Derivatives) we expect a collision between physical supply and demand. (January 2009)

  • People in the oil industry are not seeing any demand destruction. Only the talking heads are seeing it. We rather have supply destruction because of these unrealistic low prices.

  •  # 1 Enemy of Oil is Government who will go and steal the money where it is. The latest best example was BP and the oil spill in the Gulf of Mexico...Joe six-pack has become too blind to see through the political game...Windfall profit taxes: there always is a possibility to see these again. However, the power of Democrats has been curtailed...and we have peak oil. The sector is running into the 2008 resistance and needs to build some stamina before higher levels will be seen. Restrictions on drilling in the USA are about to be lifted...Drillers will profit.

  • Oil stocks offer an excellent diversification, pay a dividend, are SAFE and will go up a lot higher: Occidental petroleum or Oxy is our absolute favorite followed by Marathon Oil! Trans Canada pipeline is a strong buy. Don't forget Imperial Oil, Royal Dutch, and Statoil.


  • Andeavor(ANDV)  Take Overbid - Tesoro (TSO) + Western Refining =Andeavor-2.03% - no longer traded after Marathon Petroleum took over the co.
  • Marathon Oil paid out $ 20.07 per share in 2011. We used the funds to increase the position to 162 shares.
  • Conoco broke out in May 2013.
  • Royal Dutch new target (June 2014) is $ 90
  • BP Prudhoe Bay (BPT) has a dividend yield of 10.57 %
  • Baker Hughes TAKE OVER BID by Halliburton for $38 bn - share valued at $78.62
  • Shell takes over BG (British Gas) - April 2015.
  • Bellatrix :Net income rose from $67,000 in 2013 to $ 140,000 for 2014
  • Venezuela’s PDVSA is close to a deal with Schlumberger (SLB) in order to bolster the company’s presence in Venezuela. Schlumberger had announced its decision to curtail operations in the country after PDVSA ran up billions of dollars in unpaid bills with the oilfield services giant. Venezuela’s oil minister says "there are 14 Schlumberger drills that will start operations soon under a different financing scheme." Schlumberger did not comment.[June 2016]
  • TransCanada (TRP) won contracts on Monday from the Mexican government to build a $3.6 billion natural gas pipeline from Texas to the Mexican city of Tuxpan in the state of Veracruz on the Gulf Coast.

 All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic

Widgetkit Twitter

RT @oisinpm: @ErikGeenen The Central bankers needed this excuse. When the economic collapse happens, they'll need a police state to prevent…

Goldonomic Goldonomic

RT @wmiddelkoop: My very well connected friend Egon von Greyerz just mailed: SWISS GOLD REFINERS CEASE PRODUCTION – (this will mean the)…

Goldonomic Goldonomic