The oil price’s price action today traded as we forecasted in our Gold Member Metals & Market Update yesterday. While forecasts don’t happen exactly all the time, the oil price fell right in line with the “Technical Analysis Script”… to a TEE. Actually, it was quite amazing to see it…
It’s Official. The collapse of U.S. shale oil production has begun. The mighty Shale Oil BOOM has now finally turned into a BUST. While the pandemic shutdowns sped up the process, the collapse of the U.S. shale industry was going to occur, regardless. According to the U.S. Energy Information…
This is a precious metals and market update, including some information on gold and silver stocks. With Congress passing the new Stimulus Bill, it looks like the markets and metal prices will continue higher this week… right in time for the SANTA CLAUS RALLY. However, next year, get ready for…
There’s one simple chart that destroys the entire “GREEN” Energy Myth. However, most people have no idea about this chart’s implications because they don’t look at the data. With a Democratic Presidency taking over the Whitehouse next year, the U.S. will likely start to seriously ramp up Renewable…
U.S. demand for silver continued to remain strong as imports surged higher in September after a decline in August. However, the opposite was true for India as silver imports during the same month collapsed to an all-time low. What a difference in just a few years as India imported…
With the Bitcoin price exploding above $20,000, many investors wonder how Gold now compares with the high-flying cryptocurrency. We are hearing more stories by the High-Tech Finance Afficiandos that Bitcoin is now going to replace gold. So, with the price of Bitcoin doubling in less than two months…