Today’s huge 10% crash in IBM’s share price wasn’t a shock to legendary Short Trader Jim Chanos. Chanos has been talking about how “IBM’s financial engineering” propped up its share price for a few years. But, like with all “Financial Scams,” the fundamentals always come back to haunt the less savvy investors…
This is a must-watch video on Global Oil Production & Price Inflation. Not only has peak oil production impacted the price, so has the Falling EROI. When the oil price rises, it thunders throughout the market and economy. Also, I show how the Money Supply had “Nothing” to do with the massive 1970’s inflation…
As mentioned in our Weekend Metals & Update, I planned to put out a Trade Trigger Update for the energy stocks. I also mentioned we had gone short Continental Resources (CLR) early last week, and now we have added ConocoPhillips (COP) to our short trade positions. I have to WARN; this is HIGHLY SPECULATIVE on our part…
As the world gets closer to major economic disruptions as it hits the ENERGY CLIFF, smart investors continue to buy physical gold bullion when supplies are still readily available. However, this won’t always be the case when more investors realize the energy shortages and massive price spikes will destabilize the financial markets…
This is an important Metals, Market & Energy Update for SRSroccoReport Subscribers. In this update, I show new data suggesting that Europe’s natural gas storage may have already peaked this year… which is very BAD NEWS. Also, what do the technicals say about silver, gold, and the oil price…
Something has seriously changed in India as the Sleeping Silver Giant has awoken. In the past year, silver imports to India have been virtually… DEAD in the water. Thus, India went from being one of the top silver imports to one of the lowest. This was due to issues stemming from the Pandemic shutdowns…