Even though the U.S. has been negatively impacted by the decline of its domestic shale oil production, China is now much more dependent on oil imports than the United States. Over the past twenty years, while U.S. net oil imports have fallen to nearly zero, China’s have surged to a…
With the increased lockdowns of many cities in the United States, the U.S. Oil Refining Industry situation goes from bad to worse. Normally during the end of November and into the December holiday season, demand for petroleum products increase. However, over the past two months, U.S. refinery crude oil inputs…
Since the 2009 Financial Crisis, investors purchased a tremendous amount of gold and silver. However, 2020 may have set the stage for a massive increase in physical precious metals investing in the future. While a significant percentage of gold and silver investment this year was in Gold and Silver ETFs…
If you are an investor, it is important to know how to take advantage of BREAKOUTS and RETESTS. In this video update, I explain why stocks breakout at certain levels and also why there is the inevitable correction lower. My forecast of a lower gold price to $1,800 in late September was proven…
The oil price’s price action today traded as we forecasted in our Gold Member Metals & Market Update yesterday. While forecasts don’t happen exactly all the time, the oil price fell right in line with the “Technical Analysis Script”… to a TEE. Actually, it was quite amazing to see it…
It’s Official. The collapse of U.S. shale oil production has begun. The mighty Shale Oil BOOM has now finally turned into a BUST. While the pandemic shutdowns sped up the process, the collapse of the U.S. shale industry was going to occur, regardless. According to the U.S. Energy Information…