Australia’s silver production took a major hit in the first quarter of 2023, falling 21% compared to the previous period. While wet weather may be partially the cause for the decline, Australia’s silver production has been falling considerably over the past 10-15 years…
If we look at the “Realistic Total Costs” to produce silver, First Majestic needs more than the market price to break even. Again, this is my analysis which is much different from the industry’s AISC – All In Sustaining Cost, which I discuss in my newest Video Update…
According to the Alberta Energy Regulator, mined oil sands production plummeted 48% in June. Is this true? Well, there seem to be some questions behind the data, but I will explain more of what is going on in the Alberta Oil Sands and why I believe it won’t be sustainable for many years…
Even if the Global Economy continues to weaken, it will face the next round of Energy Cost Push Inflation towards the end of the year and into 2024. The dynamics of the oil market have changed considerably while economists still ignore the negative implications of the ENERGY CLIFF…
If you can’t increase energy consumption, the best way to increase the Gross Domestic Product is to use massive debt and money printing. Economics 101. This is precisely what has occurred in the United States as the GDP ballooned past two decades…
The surge in global oil demand recently is putting a great deal of pressure on the limited supply. Thus, the term I will use a lot in the future is… “WHERE IS THE BEEF?” And, but they, I mean energy, not meat. It seems like we are heading into the next stage of the ENERGY CLIFF during the second half of 2023…