It looks like the U.S. Shale Oil Industry is using one last trick to keep the LIGHTS ON a bit longer. Due to low oil prices and the lack of available investment funds, the shale oil industry is working through a large percentage of its DUCs – Drilled Uncompleted Wells. After reaching a record high in June 2020…
With more warnings of electricity blackouts in California as temperatures surge, authorities conveniently omit the huge decline in wind power over the past week. The media seems to be focused more on the drought and problems associated with hydro-power generation than the failure of Green Wind Power…
The selloff in the markets and metals continued today as the U.S. Dollar and Bond Market Rallied. In several past articles and videos, I had warned subscribers what happens when EVERYONE is on ONE SIDE of the TRADE. Today, we saw what happens when the WHIPSAW hits and the market dynamics begin…
Bitcoin seems to be completing its massive head and shoulders pattern. Our initial short position is well in the money and so we have decided to add to our short position at a key level because we expect Bitcoin to keep moving much lower in the near future. Our initial target is a retest of the high made during the previous Bitcoin mania in 2017.
If we compare the iShares SLV ETF to the Sprott PLSV ETF, new evidence suggests that wide-held silver investor prejudice or preference of one Silver ETF over the other seems to be faulty. Therefore, according to many in the precious metals community, the JP Morgan iShares SLV ETF should be…
Are the top silver mining companies’ share prices getting ready for another LEG HIGHER as the markets are bracing for continued inflation ahead? Or, if not, which silver mining companies are presently more overvalued based on their profitability? In this update, I also add Coeur Mining to the top five primary silver miners…