The U.S. and world markets will crack in 2016. This will be due to the extremely low price of oil. There is a possibility that oil will drop below $20 as storage levels increase towards capacity in the United States. Already oil storage at Gulf Coast and Cushing, Oklahoma are…
There was a recent report stating that global silver production increased in 2015. Sadly to say, it was wrong. World silver production did not rise in 2015, it declined. The folks at Smaulgld.com put out an article yesterday titled, Global Silver Mining Production Increases In 2015. In the article Smaulgld…
There’s been a significant trend change in the gold market and it has the Western Central Banks worried. Before the collapse of the U.S. Investment Banking system in 2008, annual net physical gold investment was negligible. However, the present situation has changed considerably, putting severe stress on Western Central Bank…
The U.S. suffered another sizable gold supply deficit in 2015. Matter a fact, the deficit was 50% larger than in 2014. In 2015, total U.S.gold demand was 118 metric tons (mt) higher than total supply versus 77 mt in 2014. According to figures put out by the USGS, World Gold…
(By Matt Mushalik) Outside the US and Canada, the world is in peak oil mode for more than 10 years now. There are many events which have brought about this bumpy production plateau. The sequence of these events has never allowed oil production to grow much over a longer time….
According the most recent official data, the U.S. continues to import record volumes of silver. This is quite interesting because retail physical silver investment and industrial demand dropped off toward the end of the year. After the huge spike in physical silver investment from July to September, demand cooled down…