I can honestly say that when I looked at Fresnillo’s 2023 Year-end Results, I was stunned by how much their silver mining costs increased in the second half of the year. Even with record silver production and higher prices, Fresnillo’s financials were dismal…
In a bit more than four hours, Bitcoin lost nearly $10,000. While Bitcoin is up from its lows of the day, the Bitcoin Mining Stocks continued to get taken to the woodshed. Marathon Digital, the largest Bitcoin miner, saw its share price decline another 13% today…
If shale well economics weren’t bad enough… now tack on the premium additional costs from all the recent M&As, Mergers, & Acquisitions. Investors don’t realize these large mergers are adding substantial new costs to each new well that will be added in the future…
The situation couldn’t get more bizarre at Nvidia when it released its results last week. While the company reported record Q4 2023 earnings, there are some troubling signs behind the revenues that provided the profits…
I had no idea how bad the fundamentals were in the Bitcoin Mining Industry until I decided to take a HARD LOOK. It’s no coincidence the Bitcoin price surged higher recently. If it didn’t, the Bitcoin Mining Industry would have been in serious trouble… and still is…
It’s truly astonishing to see how quickly the gold mining industry’s costs have surged in the past few years. While several analysts blame the mining companies for being poorly run, the Fed and central banks are the real culprits…