Skip to main content

Natural gas will be the new oil

The crisis in the middle east may be driven by natural gas after all not the financing of terrorist groups. Qatar has been blockaded by saudia arabia , emirates , bahrain and Egypt for financing terrorist groups in the middle east and sponsoring terrorism worldwide. However , qatar has refused a 13 point "demands" list provided by the coalition to restore relationship.

There is a hidden force and interests which play major role in this crisis. Qatar and iran so far hold the largest percentage of the global reserve of natural gas . Largest natural gas field in qatar is jointly operated by Iran and both hold 31% of natural gas global reserve.

Iran is an ally of russia , russia is an ally of china , so these 4 countries together hold about 51% of the global reserve.

Qatar is the second biggest exporter after russia , natural gas is proving itself to be the source of energy for the future. Natural gas is clean and environment friendly and it is more efficient and might be taking over oil as primary source for energy sooner than we think.

So maybe it is all about the demand of natural gas which will be soaring over the next few decades .

Popular posts from this blog

Usd recovering against the board

The dollar has been regaining some strength since friday noon. Usdjpy has recovered 100 pips from 107.30¥ ...the pair might face some tough resistance at current area, however i think we might be heading towards 110.80¥ soon. Resistance area can be found at 108.40 followed by very tough resistance at 108.80¥. If broken , we will have clear way to break the medium term downtrend andstart building new bullish trend targeting a break above 115¥ in the medium term. I am on the side of that reversal scenario unless we see a decisive break below 106¥ on daily or weekly close.

Gbp/Usd bearish below 1.2980$

The pair broke below the rising trendline in red as shown in the chart below. It is also trading below 200 hour moving average. There is horizontal resistance at 1.2980$ area followed by 1.3080$ area. Being Short is favorable with stop loss above 1.3080$. Target should be around 1.2640$ , you can book some profits at 1.2780$.

How Can you trade bitcoin and etherum

The market of crypto currencies will takeover the market of fiat currency "FX market" sooner or later. There are over 750digital currency and most of them are trading actively everyday. The market is very volatile compared to forex markets and that is a good reason for you not to use leverage . Using leverage or margin trading is the main reason for accounts liquidation. So , you can satisfy your greed for making large profits in short time by trading digital currencies without using leverage or margin trading. For one instant , Etherum made 100% profit during the last 10 days. it is not the only case here , we have siacoin, bytecoin , digibyte and many more doubled their price over just few hours and it is not a rare case. Markets move very vast and there is a big room for trading opportunities. There are many reputable and trusted crypto exchanges that you can use to start trading ; bitfinex , bittrex , poloniex , cex.io , coinbase and many more. For reference on the...