Unfortunately, after all BOOMS… comes the inevitable BUST. With the U.S. Shale Oil Boom now over, this is not only bad news for Americans but also for the rest of the world. Why? Because U.S. shale oil production accounted for 80% of total World Oil Supply growth since the 2008 Global Financial Crisis…
If things couldn’t get any worse for struggling Americans this year, electricity prices reached a new all-time high in September. Residential electricity prices surged 20% since the beginning of the year, and will likely continue to increase significantly in the coming years…
The world has no clue how close we are getting to reaching the ENERGY CLIFF. While the current “Energy Crisis” is focused on Europe, this is just a mere symptom of much bigger problems stemming from the Conventional Oil Energy Cliff. These are must-see charts the oil industry doesn’t want you to see…
While the Silver Institute’s newest press release reports growing silver production this year, the data I am looking at, directly from the government websites, suggests quite the opposite. I believe Global Silver production will decline this year, while world gold production will increase slightly…
There is this notion that we can simply move to “Coal to Liquids” to make up for the coming Energy Cliff. The idea is that we can switch to mining the hundreds of years of coal reserves to make our liquid fuels when oil production peaks and declines. Unfortunately, this is pure rubbish.
With the gold price touching nearly $1,800 a few days ago, precious metals investors are curious to know if this will be a continued Breakout or Breakdown. If we look at this important fundamental, factor ignored by most precious metals analysts, it may provide us with a valuable clue…