More often than not, mergers are done to benefit the company and not the investors. I believe the merger of ConocoPhillips and Concho Resources fits into this category. Interestingly, ConocoPhillips decided to go on with the merger even though its own domestic oil and gas sector is struggling…
With the broader markets selling off today and the precious metals being off their highs, I thought it would be a good idea to do Metals & Market Update. I also include charts and information on why silver investment demand, not industrial demand, will be the leading driver of the silver…
Something is happening in the Silver Market for the first time ever. This profound fundamental change taking place could change the silver market as we know it. While I forecasted several years ago that this shift would occur, it’s still amazing to see it happen right in front of our eyes…
The highly touted gold mining stock, Gold Resources (GORO), during the 2007-2012 period, that once traded at $24 a share, closed on Friday at $3.02. Worse yet, Gold Resources has underperformed its competitors (GDXJ) this year by a wide margin. I remember hearing a lot about Gold Resources during…
Unfortunately for most investors, when the Great Tech Stock Bubble pops, it’s going to get very ugly. With the U.S. Tech Sector now worth more than the entire European Stock Market, Americans are sitting on some extremely overvalued stocks. However, what will be bad news for tech stocks will be…
As they say, the Party doesn’t last forever. This is certainly true for the U.S. Shale Industry. With the U.S. drilling rig count still at near-record lows, the worst is yet to come. Why? The shale industry needs a large number of drilling rigs and well completions to offset…