Americans are now paying a lot more for electricity and this trend will likely continue in the years to come. Why? Unfortunately, the U.S. will continue to ramp up its “Green Energy” of wind and solar, thus making power generation even more expensive. If you then add rising energy prices on top of that…
Due to the passage of the Illinois State Clean Energy Bill, two nuclear power plants facing retirement this month have been reversed. The Byron and Dresden Nuclear plants, run by Exelon Energy, were facing retirement due to operating losses from competing with lower-priced fossil-fuel electric generation…
This is a “Must-Watch” Report on the 20 Years Total Cost to mine gold from the largest companies in the world. If you want to know the total cost to produce gold over the past two decades, this video presentation provides a practical summary. I had no idea how high the costs were until I did the research…
We decided to cover both our ConocoPhilips and Continental Resources short positions due to several reasons. We were counting on a quicker correction of the energy stocks along with the oil price. However, not only has the oil price moved higher, so has the broader markets. Fortunately, we did not lose any money…
In just a bit more than a week, the U.S. Government added nearly another HALF-TRILLION in public debt. Of course, this was due to the “temporary” lifting of the debt ceiling by the honorable members in the Senate. However, with adding nearly $500 billion of new debt, the price tag for servicing that debt is…
Americans continue to buy a great deal of silver and gold bullion, with a large percentage coming from Canada. It’s truly amazing how much of the Royal Canadian Mint’s Silver and Gold Maples are purchased by Americans. With both Silver and Gold Maple Leaf sales up considerably this year, the majority are shipped south to U.S. investors…