According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Not only was the dropping of the Gold-Dollar peg going to release a great deal of pressure on the manipulated gold…
While Peru’s silver production surged in the beginning of 2016, it experienced a double-digit decline in December versus the same month last year. Peru is the second largest silver producing country in the world, trailing Mexico by approximately 40 million oz, but now leading third-ranked China by a wide margin….
The world hasn’t really caught on yet, but OPEC is in serious trouble. Last year, OPEC’s net oil export revenues collapsed. How bad? Well, how about 65% since the oil price peaked in 2012. To offset falling oil prices and revenues, OPEC nations have resorted to liquidating some of their…
According to the fundamentals, gold and silver are severely compressed coiled springs looking for an opportunity to release their tremendous power. Yes, it is true, the precious metals still hold a great deal of power. Which is why their prices are constantly controlled by market intervention. Of course, the market…
According to Continental Resources website, it labels itself as America’s oil champion. To be a champion, one is supposed to be winner. Unfortunately for Continental, it’s taking a serious beating and is a perfect example of what is horribly wrong with the U.S. Shale Oil Industry. During the beginning of…
Something quite interesting has taken place at the world’s largest gold miner over the past few years. While certain mining costs, like energy, have declined since the price of oil plummeted from over $100 a barrel in 2013 to an average $43 in 2016, quite the opposite has taken place…