After 58 years of operation on the Hudson Bay, the New York Indian Point Nuclear Plant shut down operations at its last unit yesterday. While many are applauding the shutdown of Indian Point, there are big troubles brewing due to the closure of the nuclear facility. One major issue that is not considered…
According to the World Gold Council’s accounting standards, the silver market DID NOT experience a record surplus last year as reported by Metals Focus Consultancy, which provides the analysis for the World Silver Surveys. During a recent interview on Kitco this week, Philip Newman, managing director…
While we have witnessed a surge of new silver investment demand over the past year, it’s nothing compared to the massive buying coming in the future. We know that there is something BIG happening in the silver market when the top silver analysts “conveniently” omit the massive global silver ETF demand…
Was there a record silver surplus last year as stated by a Metals Focus Analyst on Kitco?? Many silver investors are now puzzled by this claim that the silver market was in a large surplus, even though there was record physical and ETF silver demand. In my newest update, I explain why I disagree…
Oil production from Alaska hit a 40-year low last year, partially due to the pandemic shutdown and low oil prices. However, Alaskan oil production has been steadily declining since its peak in 1988. At one time, Alaska was producing 25% of U.S. oil production. Although, last year, Alaskan oil production…
This is an important economic update because most analysts continue to believe we are heading towards massive inflation and much higher broader stock indexes. While we could see the markets move higher, certain forces are now getting ready to pull down the major stock indexes and commodity prices…