With the Fed and central banks pumping up the markets with a record amount of money printing, liquidity, and stimulus, investor demand for precious metals continues to be very strong. In the first week of 2021, the U.S. Mint sold 2.7 million Silver Eagles. The Mint also sold 45,000 oz of Gold Eagles…
Thanks to the magical lure of technology, the market has become the Greatest Speculative Bubble in history. Today, the market valuations make the 2000 DOT.COM Bubble look like small potatoes. Unfortunately for many investors with Dollar signs in the eyes, Tesla and Bitcoin are nothing more than…
With the Democrats now taking control of the Senate, after winning both races in Georgia, the stock market took that as a very bullish signal for the markets. Thus, we saw a huge move in the broader markets today. However, with the protests at the Capitol building, some of the market euphoria was lost…
As the world moves forward with its GREEN ENERGY Policy, there’s an ugly truth about Electric Vehicles… EVs. The notion that switching to EVs will solve our climate or energy problems, is totally false. Not only will EVs not solve these problems, but they also can’t be ramped up to the optimistic numbers…
In today’s Metals & Market Update I discuss the silver price has now reached a very important technical level. The precious metals started the year off today with a BANG today while the broader markets experienced a steep SELL-OFF. Will the metals continue higher tomorrow? Good question. However, if…
The largest U.S. oil company is in serious trouble. ExxonMobil is now being negatively impacted by the Falling EROI – Energy Returned On Investment. While Exxon’s management stated in early 2019 that they could make money in the shale oil sector at $35 a barrel, the company’s financials say otherwise…