The highly touted gold mining stock, Gold Resources (GORO), during the 2007-2012 period, that once traded at $24 a share, closed on Friday at $3.02. Worse yet, Gold Resources has underperformed its competitors (GDXJ) this year by a wide margin. I remember hearing a lot about Gold Resources during…
Unfortunately for most investors, when the Great Tech Stock Bubble pops, it’s going to get very ugly. With the U.S. Tech Sector now worth more than the entire European Stock Market, Americans are sitting on some extremely overvalued stocks. However, what will be bad news for tech stocks will be…
As they say, the Party doesn’t last forever. This is certainly true for the U.S. Shale Industry. With the U.S. drilling rig count still at near-record lows, the worst is yet to come. Why? The shale industry needs a large number of drilling rigs and well completions to offset…
This is an important update for Silver & Gold Members, including the recent price action of the precious metals. Also, I will provide members with a brief explanation of how to access the material on the SRSrocco Report. Some members may not realize there is a great deal…
The world seems to be placing its energy future on the so-called “Renewables,” with Geothermal as one of the GREEN ENERGY solutions. Unfortunately, geothermal energy production is totally irrelevant in the face of the dire energy consequences coming our way. But, that doesn’t keep the industry from bragging about…
In this week’s precious metals update, I explain what’s in store for the gold and silver prices over the next few weeks. Also, we heard a lot of news last week that the U.S. Mint increased the price of its 2020 Silver Eagle to $67. I discuss why the U.S. Mint…