The largest U.S. oil company is in serious trouble. ExxonMobil is now being negatively impacted by the Falling EROI – Energy Returned On Investment. While Exxon’s management stated in early 2019 that they could make money in the shale oil sector at $35 a barrel, the company’s financials say otherwise…
With the world heading into deeper troubles in 2021, I sat down with chatted with the folks at Geopolitics & Empire. In the interview, we discussed the impact of the coming ENERGY CLIFF on the global economy and markets. We also talked about how this would impact Green Energy, gold, and the cryptos…
Investors need to be prepared for the FIREWORKS that are coming in 2021. In my last video update for 2020, I provide charts, graphics, and indicators that point to a major market correction early in 2021. However, this won’t be the BIG ONE. That will likely take place later in 2021 or 2022…
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…