Many precious metals investors want to know if the coming inflation wave will be like what we experienced during the 1970s inflation. In this video update, I compare the top gold miners during these two periods and how the oil and gold prices impacted the profitability of these companies…
As I have stated many times, the fundamentals will always KICK IN. Of course, it may take more time than we anticipate, but we are now seeing the two silver mining stocks that I cautioned about being overvalued compared to the group are seeing larger percentage declines. I believe this same trend…
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…