While Americans are back to doing one of the favorite pastimes, by driving up and down the U.S. Interstate Highways, the economy’s fundamentals continue to disintegrate. But, you wouldn’t know it if you turned on CNBC or Fox Business, applauding how the broader markets are now very close to their all-time…
The world is getting ready to head over the Thermodynamic Energy Cliff. Unfortunately, the world is unprepared for the Energy Cliff’s negative impact because virtually no one understands it or sees it coming. So, unless we make a drastic change, and quickly, the U.S. and world economies will go down…
Everything changed today in the markets and precious metals due to President Trump’s announcement of the “Halting of the Government Stimulus.” As I mentioned in the Gold & Silver Update on Sunday, it’s impossible to forecast what is going to happen in the short term when there are major announcements or…
With the enormous investor demand for Silver Eagles, the U.S. Mint sold nearly three million official coins in September. While this wasn’t the highest monthly amount this year, it was a record when we compare the Silver Eagle sales to Gold Eagles. And, it seems that U.S. citizens are purchasing…
After the precious bounced off their lows the past week, what’s in store for silver and gold in the next few weeks? Good question. However, it will depend on the direction of the dollar and likely the broader markets. With President Trump looking to be released from the hospital on…
The U.S. shale oil industry is setting the stage for a collapse in production. Even though some production is being ramped back up after being curtailed due to the global pandemic, the severe decline in the drilling rig count and completions will be felt towards the end of the year…