Few are aware of a surprising development taking place in the U.S. Shale Oil Industry. I plan to do a Metals Update tomorrow when the new month and quarters start, but I wanted to share this because it reveals an interesting situation happening in the U.S. Shale Oil Industry…
With rising interest rates, Americans are now paying a record amount of interest, which is cutting into their household expenditures. U.S. Households now spend $1.1 trillion a year to service their mortgage, credit card, and other commercial debt…
The Green Energy Industry took another BIG HIT when Enviva, the world’s largest wood pellet company, filed for bankruptcy in March. This is terrible news for power plants in Europe and Asia that have converted to burning wood pellets instead of coal…
If Americans are worried about more electric grid shortages or blackouts… don’t be. The U.S. plans to more than double its utility-scale battery storage this year to save the day… or will it? I was pretty surprised to find out the amount of planned utility-scale battery storage to be added…
The next week is important for the precious metals as it could set the stage for the trend over the next several months. Interestingly, Jeff Christian of CPM Group believes gold and silver could rally briefly until the end of June…
While GoldMoney’s head of Research, Alasdair Macleod, continues to hype $10,000-$15,000 Gold, his company is doing the exact opposite. Over the past year, GoldMoney has liquidated 95% of its precious metals holdings to purchase three commercial real estate properties…