Articles by SRSrocco


GOLD & SILVER MARKET UPDATE NOV 3rd: Wholesale Market Continues To Sell Metal & Cost Of Production Update

After the Fed’s rate hike and announcement of continued hikes yesterday, the markets and metals sold off.  However, silver held up pretty well today as it was the only metal in the green.  However, there continues to be more liquidation of metal from the major Gold & Silver ETFs, suggesting even short-term weaker prices ahead…

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NEWMONT GOLD PROFIT MARGIN FELL TO A LOW Q3 2022: Newmont Negatively Impacted By High Costs & Bleeds Cash To Pay Dividends

This is a MUST SEE video update on the Gold Mining Industry as the cost to produce the King Monetary Metal is still relatively high.  I thought we would see a considerable drop in the gold mining cost, but the results show that it did not happen with Newmont in Q3 2022…

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MARKET UPDATE OCT 30th: U.S. Diesel Shortage Worsens

With diesel supply being a critical factor for global transportation, any shortages can disrupt the global supply chain.  This is especially true that U.S. and international diesel inventories continue to trend lower.  And, to make matters even worse, Europe plans another round of Russian sanctions that will cut off more diesel supply…

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U.S. ELECTRICITY CRISIS ON ITS WAY SOON: Americans Paid Highest Price Ever For Residential Electricity

Even though Americans didn’t suffer an Energy Crisis like the Europeans did this year… that time is still coming in the years ahead.  Why?  The U.S. residential electricity price hit a record high this year, and this is just beginning.  Furthermore, Green Energy is making electricity prices higher, not lower…

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EXPLODING U.S. PUBLIC DEBT & INTEREST EXPENSE: How Much Did The Interest Expense Increase… A Bunch

The cost to service the U.S. public debt surged to a new all-time high due to the Federal Reserve raising interest rates.  How much did the interest expense go up??  A Bunch… LOL.  Also, with the U.S. debt getting ready to reach the Debt Ceiling, we will have another Political War in the coming weeks ahead…

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