The silver price trended lower last week after hitting a high of nearly $16 the prior week. So, what’s in store for silver and the broader markets this week? If we look at the moving averages and what is taking place in the broader markets, we may find some clues. …
The U.S. Shale Oil Industry has been a financial trainwreck since day one. And, with nearly $300 billion in public and private debt racked up by the shale industry since its inception, that hasn’t stopped investors from throwing good money after bad to continue the biggest energy Ponzi scheme in history….
The global mine supply from the top silver producing countries may decline more than the industry forecasts. The leading consultancies reported that global silver production would increase moderately by 1-2% in 2018. However, the data from several countries and large mining companies suggest that overall world silver production may decline by…
Tom Cloud provides another update on the top precious metals for 2019. He discusses the platinum, palladium, gold and silver markets. While palladium has seen its price rise considerably over the past year, Tom believes it may be topping… I agree. He also talks about how the Russian and Chinese…
The U.S. Federal debt bomb continues to increase, even with the government shut down. In just one day, the U.S. public debt increased $50 billion on Jan 15th. While the total outstanding Federal debt has now reached nearly $22 trillion, it doesn’t include all U.S. government debt. That’s correct… there’s…
Investors should prepare for crazy and turbulent markets in 2019. As the correction in the broader markets picks up speed and heads much lower, investor worry will start to turn into fear. At this point, the precious metals will likely disconnect from the markets and move higher as investors move…