September 2019

GOLD vs. PAPER MONEY: Production Cost Is A Good Indicator Of Real Value

The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes.  What’s interesting is that the Reserve Banks estimated the number of notes they were going to remove from circulation and destroy accounted for 75% of the U.S….

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Mexico’s Second Largest Silver Mine Shuts Down, Reopens & Shuts Down Again

In the past five months, Mexico’s second-largest silver mine was shut down, reopened and the recently shut down once again.  Due to a new blockade at Newmont-Goldcorp’s Penasquito Mine, stemming from issues with a local trucking contractor, the company has temporarily ceased operations. Unfortunately for Newmont-Goldcorp, 2019 was supposed to…

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U.S. Shale Oil In Trouble As Production Stalls After Two Years Of Significant Growth

Has U.S. shale oil production stalled?  Well, it seems so.  After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months of this year has remained flat.  This is terrible news for the shale industry which has counted on production growth to increase cash flows…

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