August 2020



The S&P 500 Index Is Now At A Major Three-Decade Technical Reversal Level

The S&P 500 reached an all-time high this week surpassing 3,500 points.  A quite impressive record for the S&P 500 Index in the face of extremely weak economic data along with 27 million unemployed Americans since the global contagion hit in early March.  Well, what do we expect when…

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Where Will Most Of The Future Silver Millionaires Come From??

We are heading towards a massive transfer of wealth when investors move out of highly speculative financial bubbles and into real sound assets.  However, the number of sound assets worth investing in isn’t many.  With the precious metals being the highest-quality sound assets in the market, many investors will choose silver…

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The U.S. Shale Oil Industry, Major Economic Trouble In 2020

The U.S. Shale Oil Industry is in serious trouble this year, and it will only get worse over the next several years.  As I have mentioned many times, the domestic shale oil industry is nothing more than a Ponzi Scheme.  While some analysts may not agree with my labeling of…

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Something Big Took Place In the Gold Market That Hasn’t Happened Before

Something quite extraordinary took place in the gold market in the second quarter.  While it’s true that the global contagion negatively impacted the economies throughout the world, what occurred in the gold market hasn’t happened before.  In the following charts, we can see how gold emerged as the classic “SAFE HAVEN”…

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