August 2023

BAKKEN OIL FIELD: “We Are Kaput”

Every once in a while, I see something that really HITS the NAIL on the HEAD.¬† And, to do it in three minutes and be hilarious, is truly amazing.¬† If you want to know what is happening in the Shale Oil Industry, you must watch this short video on the BAKKEN… “We are Kaput.”

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SILVER MINERS Q2 2023 UPDATE: Costs Hit New All-Time Highs

The world’s largest primary silver miners saw their costs hit new All-Time Highs in Q2 2023.¬† ¬†Unfortunately, even if we get some deflationary forces to lower costs in the short term, the Silver Miners will likely experience much higher energy & material costs in the years ahead…

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MASSIVE U.S. TREASURY FINANCE DWARFS PHYSICAL ECONOMY: Has U.S. Treasury Market Hit The Red Queen Syndrome?

It was no coincidence that Fitch downgraded U.S. Credit as the massive U.S. Treasury Finance dwarfs the underlying physical economy.¬† And to make matters even worse, the U.S. Government will run out of funding by the end of September if a temporary spending bill isn’t passed… LOL…

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