The United States’ second-largest shale oil field is now in serious trouble. After fifteen years and more than 17,000 wells, the Bakken Oil Field BOOM days are heading toward a BUST. And, when I say, “BUST,” I am not exaggerating. Why? To increase production significantly over the past several…
Investors and business owners are beginning to realize that the collapse of the U.S. Commercial Real Estate market has only just begun. Much like a derailment and collision of a long freight train, it takes time before the end of the train feels the impact. Thus, we are only in the first…
The amount of lost silver supply during the shutdown of the global economy from the two largest producers in the world was quite astonishing. This comes right at the time when the demand for silver investment is at the highest level ever. Recently, Mexico updated its silver mine supply…
With Silver Eagle premiums continuing to trend lower of the past several months, one dealer is now offering one of the lowest prices in the market. Dan at CLOUD HARD ASSETS just emailed me a little while ago to let me know that they reduced their premiums on 2020 Silver Eagles…
Over the past two weeks, the oil price fell more than 12% due to weaker demand than anticipated by the markets. Also, with the summer driving season over now in the U.S., gasoline consumption fell to 8.4 million barrels per day this week, down from 9.2 million barrels per day just…
In today’s update, I discuss where the silver price may be heading over the next few weeks. Of course, this is only a short-term horizon, but if individuals are going to watch Kitco.com or other silver price quotes every day, then it essential to know what the technicals…