The United States oil production suffered its worst annual decline last year ever. Of course, the pandemic shutdowns were a large factor that caused U.S. oil production to contract the most in a single year since 1940, but the peak of shale production was going to happen shortly, regardless of…
In March, sales of Silver Eagles continue to be quite strong as investors pay hefty premiums for the highly sought-after U.S. official silver coin. Also, the U.S. Mint has sold 70 times more Silver Eagles than Gold Eagles in the first eight days of March. This is nearly three times the ratio of Silver…
This is an extremely important Market & Metals Update explaining whether we are heading into inflation or deflation. As I have mentioned several times, it seems that traders are all on one side of the market expecting massive inflation and a continued rally in the markets. While the markets could go higher…
While the debate continues as to whether the economy heads into Inflation or Deflation, most investors are all betting on the side of massive inflation. Unfortunately, several indicators are pointing towards Deflation. So, when these investors who are piled on one side start to see the trade go against them…
With the gold price reaching an all-time new high in 2020, the gold miners enjoyed record profits. These record profits were assisted by the low oil price, which kept gold mining costs down. However, if the oil price continues higher, we could see this impact on the gold miners’ profitability in 2021…
Since the silver price surged last year, the India Silver Giant hasn’t been seen. Typically, India imports more silver than anyone else in the world. Just five years ago, India imported nearly one-third of the total global silver mine supply versus only 8% in 2020. What happens when the Sleeping Giant awakens?