Chile’s copper output continues to be lower than expected, even with billions invested in new projects added over the past decade. This is the Falling EROI of Chile’s Major Industry as falling ore grades, higher energy costs, and water shortages plague the world’s largest copper producer…
With the Broader Markets and Cryptos now in Freefall, this is just the beginning. As the world heads over the Energy Cliff, most of the supposed Assets will turn more into Liabilities. That is why it is crucial to own physical precious metals. In this update, I provide my analysis of what I believe is The Weakest Link in the world oil supply that will likely be the first victim of the Energy Cliff…
While the fireworks haven’t gone off yet, the U.S. Shale Energy Crisis is coming. Why? Because the world is now highly dependent upon U.S. shale oil and gas supply that is likely to peak and decline shortly. This will have a profoundly negative impact on the global economy while pushing energy prices even higher…
Michael Saylor was $4 billion in the money last year as bitcoin approached $70,000. Seven months later, he is losing almost $1 billion. When bitcoin was topping, he was persuading everyone how bitcoin was the best investment ever. Interestingly, not a peep on any of this from him now. As the market makes new lows daily, it will be interesting to see when comes the margin call. My prediction: bitcoin’s low will be in the day Saylor is forced to sell.
The insane policies of reducing nuclear and coal-fired power generation while adding more natural gas and green energy are pushing the world over the energy cliff. I spoke about this with Palisades Radio, Doomberg, and the Market Sniper in our five-discussion on Twitter spaces this past Friday. Tom at Palisades will be putting out a Youtube recording of this chat shortly…
Yes… another U.S. Nuclear plant bit the dust last month as the Palisades Nuclear Power Plant in Michigan permanently shut down after more than 50 years of operation. Also, I will be a part of a Palisades Radio Twitter Spaces chat with Doomberg, and The Market Sniper on Friday at 1 pm EST, May 10th…