It looks like the POPPING of the AI Bubble has finally arrived. Also, there is a crisis taking place in the Middle East as the United States moves up the “Escalation Trap” with Iran. This could really impact precious metals and markets over the next several weeks.
The Great U.S. Shale Oil Industry, which propped up the Global Economy over the past 15 years, is in Big Trouble as falling productivity is leading to peak production. Even with longer wells and super-fracking, new oil wells are underperforming previous years…
The world is getting crazier by the minute as the U.S. assists Ukraine in destroying Russian oil refineries, while at the same time, President Trump makes a deal with Putin to supply much-needed diesel to the U.S. and global markets. This sounds like a Saturday Night Live Skit, but it’s not…
Unfortunately, the world has become addicted to the U.S. Shale Oil Industry supply, which is becoming a ticking time bomb in the future. I had no idea about the massive amount of propane the U.S. exports, which is a highly critical supply to the global economy…
Where the silver price goes from here depends on this important technical level. Interestingly, the same for gold. Both silver and gold are at important technical levels, which makes next week’s trading quite interesting. Also, the global economy’s supply chain is heading for trouble due to diesel shortages and much higher prices…
U.S. EV sales plunged 47% in August versus the same month last year. Why? It was due to Trump’s Big Beautiful Bill, which ended the Federal EV tax credits. This also impacted EV electricity demand on the U.S. Grid. The forecasted large increase by 2035 looks unlikely to materialize…