After Barrick released its earnings today, the stock price jumped by 7.5%. Investors pushed Barrick’s share price higher not on increased production or lower costs, but rather on an increased dividend and notice of a $1 billion share buy-back program. So, it seems that Barrick is now flush…
With the Bakken Oil Field now “Officially” in the mature stage, the industry is moving to the last region where there is still some growth… the Permian. Also, the Shale Industry continues to deplete its inventory of DUCs – Drilling Uncompleted Wells, and will likely run out within the following year…
If you are going to watch the Superbowl today, get ready for lots of Crypto ads. Also, the legendary football quarterback, Tom Brady has retired after 22 years and is now going FULL BORE into Cryptos and NFTs. When the NFL’s top quarterback is going into Crypto, you know we are heading towards PEAK INSANITY…
At exactly 1:30 pm EST today, the precious metals prices surged higher while the broader markets sold off. The gold price surged more than $20 in a half-hour, pushing it above a significant technical level. So, many investors are wondering if this is the much anticipated GOLD BREAKOUT…
It’s truly amazing the amount of cement produced by China each year. I was stunned when I compared the data with the United States. While we believe the United States has one of the largest infrastructures in the world, it pales in comparison to what the Chinese have done in…
While the global semiconductor shortage may subside, the situation will return again in a few years and will only get worse as the world heads over the Energy Cliff. Why? Because, the Global Semiconductor Industry consumes a massive amount of energy, resources, and water that are all now getting in short supply…