Articles by SRSrocco

PRECIOUS METALS & MARKET UPDATE DEC 1st: Dollar Dump Pushes Gold & Silver Higher

The surge in the gold and silver prices today was the result of the large Dollar sell-off.  The U.S. Dollar has been trading off an important support level for the past four months, but finally broke below it today, causing a nice really in the precious metals.  Gold was up $40…

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Silver Eagle Sales Surge To Highest Level In Nine Months & SRSrocco Report Interview With Palisades Radio

Investor demand for precious metals remains strong as the U.S. Mint Silver Eagle sales in November were the highest in nine months.  Not only were Silver Eagle sales the highest since March, when the pandemic caused investors to wipe-out inventories, but Gold Eagle sales also jumped by another…

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OIL PRICE & ENERGY UPDATE NOV 30th: Interesting Development With Bankrupt Shale Company

There’s a lot of interest in the oil market and energy sector after many analysts are calling for a new Commodity Bull Market.  Thus, analysts suggest that the oil industry will outperform other sectors during the commodity bull market, so it’s HIGH TIME to consider buying oil stocks and going long…

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METALS & MINERS UPDATE NOV 29th: What Do The Long-Term Charts Say?

With the precious metals and miners consolidating after the highs, what do the long-term charts say?  It seems that there still may be some downside in the precious metals prices and miners.  However, gold is now becoming oversold and is looking to enjoy a nice bounce shortly.  Also, the U.S. Dollar…

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MEXICO NOW FACING THE ENERGY CLIFF: PEMEX Oil Production Continues To Decline As Liabilities Mount

With Mexico’s PEMEX oil company heading over the ENERGY CLIFF, it’s a terrible situation for the United States southern neighbor.  Mexico reported the lowest crude oil production during October in more than 40 years.  In the last 15 years, Mexico’s oil production has fallen more than 50%.  This is…

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