Debt levels at the two largest oil companies in the United States surged this year due to low oil prices and falling demand. While the global oil industry experienced financial hardships due to the pandemic, the worst damage occurred in the domestic U.S. shale oil sector. For example…
Another week and another 1 million Silver Eagles were sold by the U.S. Mint. In the first ten days of November, sales of Silver Eagles are nearly six times higher than the total for November 2019. With premiums now down in the $4-$6 range, investors continue to acquire…
In my newest update on the metals, market, and energy, I discuss why many stocks and indexes are overvalued. This includes the totally hyped Tech Sector. Unfortunately, investors believe technology will be the answer to all our problems in the future. What they fail to realize is that technology…
The world is heading full steam ahead towards the ENERGY CLIFF, and virtually no one seems to be prepared. After watching the U.S. Presidential Election and the circus sideshow that followed on both Mainstream media outlets, I am quite surprised how much Americans have invested their time, energy, and emotion…
This is an important precious metals and market update on why fundamentals drive stocks and indexes’ value. Unfortunately, investors continue to be deceived by the extremely high valuations and stock market bubble. Why? Because they confuse SPECULATION with FAIR VALUE. Markets and stocks… ALWAYS, ALWAYS, ALWAYS…
Investors today are just as insane as they were during the DOT.COM Bubble in the late 1990s. It seems that twenty years is a long enough time for individuals to transition their investment strategy from SOUND LOGIC to STUPIDITY. Of course, the market is also to blame as CNBC, and…