With the coming global oil supply peak, soon to follow will be the peak and decline of metals production. And, what is by far the most produced metal in the world that will peak shortly? Steel. While we count most annual metal production in thousands or millions of tons, steel is calculated by the billions…
The world is sitting on top of a massive amount of “Overstated” oil reserves. This will also be a key factor in pushing the global economy over the ENERGY CLIFF. Unfortunately, virtually no one is prepared for the implications of the Energy Cliff on the economy and asset prices. In this Important Energy Update…
More evidence of the absurdity called “Green Renewable Energy” occurred last month as 90 Mitsibushi wind turbines were demolished in New Mexico. Thus, the BIG JOKE is that Renewable Energy is really Non-Renewable as a large percentage of old wind and solar power units end up in landfills…
It looks like the U.S. Shale Oil Industry is using one last trick to keep the LIGHTS ON a bit longer. Due to low oil prices and the lack of available investment funds, the shale oil industry is working through a large percentage of its DUCs – Drilled Uncompleted Wells. After reaching a record high in June 2020…
With more warnings of electricity blackouts in California as temperatures surge, authorities conveniently omit the huge decline in wind power over the past week. The media seems to be focused more on the drought and problems associated with hydro-power generation than the failure of Green Wind Power…
The selloff in the markets and metals continued today as the U.S. Dollar and Bond Market Rallied. In several past articles and videos, I had warned subscribers what happens when EVERYONE is on ONE SIDE of the TRADE. Today, we saw what happens when the WHIPSAW hits and the market dynamics begin…