After Biden called out for OPEC & Russia to pump more oil to help ordinary Americans, he was promptly refused. And, not only Biden, but the Secretary of Energy also publicly blamed OPEC for high crude oil prices. This is simply amazing when we realize that the United States is still the largest producer of oil…
Many precious metals investors believe that Gold Royalty companies are a good investment because they make a lot of money on royalty streams rather than the risky venture of discovering, building, and operating mines. While this is certainly true, if we consider how royalty companies have rewarded investors…
Investors who want to know what will be the main driver of $2,500 gold prices, look no further than Gold ETF demand. Yes, it’s true. While gold bar and coin demand is a significant percentage of the gold market, the surge in Gold ETF demand tends to be the main price driver and has been in the past…
The world continues to suffer from more disruption in the global energy system and markets. In this new Metals, Market & Energy Update, I show what’s happening with the U.S. and global energy inventories. I also provide information on the Global Gold ETF market and how that is impacting the gold price…
Americans are now paying a lot more for electricity and this trend will likely continue in the years to come. Why? Unfortunately, the U.S. will continue to ramp up its “Green Energy” of wind and solar, thus making power generation even more expensive. If you then add rising energy prices on top of that…
Due to the passage of the Illinois State Clean Energy Bill, two nuclear power plants facing retirement this month have been reversed. The Byron and Dresden Nuclear plants, run by Exelon Energy, were facing retirement due to operating losses from competing with lower-priced fossil-fuel electric generation…