While I thought it was over, the war against PEAK OIL still continues. This is very bad news because the world is totally unprepared for the coming Energy Cliff. Ironically, all the banking and financial turmoil we see in the markets stems from the Energy Cliff dynamics…
The Fed and central banks can breathe a sigh of relief as the markets are closed on Good Friday. However, the banking crisis that started last month is getting worse by the day. Even though the Fed says it has tools to solve the banking problem… they are completely FOS…
Investors are more than ever concerned about the stability of the U.S. and global banking system. While the Fed and central banks have calmed the markets by propping up failing banks temporarily, we saw both Gold & Silver Break Out of important levels today.
Unfortunately, the worse is yet to come with this Banking Crisis. And, while the Federal Reserve believes it has the tools to manage this crisis, they are making the same mistakes as they did in 2008. This could have profound implications for the markets and the precious metals…
Has the U.S. Peaked in Fuel Consumption? If so, that signifies the Peak of the U.S. Empire & Economy. Also, there is a Must-See chart that shows the negative impact oil prices have on Americans’ demand for driving and flying. And, with rising energy prices in the future, this doesn’t bode well for the American Suburban Economy…
Just like the gold miners, the primary silver miners’ costs reached a record high in Q4 2022. Even the largest silver producer in the world, Fresnillo PLC, recorded the highest costs ever. Also, is the silver price still heading for a BREAKOUT…