While the U.S. is bragging about being the world’s largest oil producer, it is also draining its oil reserves at the fastest rate compared to the other leading countries. Worse yet, it is exporting nearly one-third of its domestic fast-reserve-depleting oil supply overseas… BRAVO…
If the Green Energy transition couldn’t get any worse… I give you the U.K. DRAX Biomass Powerplant Boondoggle. Someone thought it was a good idea to switch the U.K.’s largest coal-fired power plant to burning wood pellets until you peel back the layers and look into the massive global supply chain…
While the United States is now the world’s largest petroleum producer, the important high-quality conventional oil supply is at a 50-year low. There Lies the Rub, but the market doesn’t realize it because $23 trillion of additional U.S. Treasury issuance since the 2008 GFC propped up the U.S. Shale Oil…
Not ONE, but TWO European Silver ETFs saw significant increases in silver inventories and investment over the past two weeks. Who are the entities buying silver in Europe? Also, it’s time to put some light on the lousy analysis by members of our community on the Bitcoin Mining Industry…
Something very interesting is taking place in the Silver Market. In just the past week, one of the European Silver ETFs saw a massive increase in silver inventories. So, who is the Big European Silver Investor? This is interesting after the record Indian silver imports last month…
I sat down with Gary at Metals & Miners to discuss the Energy Cliff’s implications for the precious metals market and prices. Unfortunately, the market is totally unprepared for the massive Cost-Push Inflation that will occur as the global economy suffers from energy constraints in the years ahead…