With the world consuming five times more oil than it is discovering, Peak Oil and Peak Gold have finally arrived. However, the world hasn’t figured this out yet, but it will. And, when it does, we will see much higher prices for precious metals in the future. Why? Peak oil equals peak gold and peak silver production…
Yes, it’s true… higher energy and material costs are also negatively impacting the mid-cap gold mining stocks. Unfortunately, many gold mining investor relations departments tend to paint a rosier picture to investors than meets the eye. If we dig into the details, we find that costs are increasing throughout the mining industry…
There are some very interesting things taking place in the silver market. One rumor is that a Texas Billionaire has purchased $50 million worth of Silver Eagles. Well, it wasn’t quite that much as a recent interview explains that it was half investing in gold and silver. Also, we are seeing a lot of silver leave the LBMA inventories…
Today, the largest gold mining company in the world saw its price crash by 14% due to higher costs and falling profits. Newmont shocked the market by reporting much lower earnings than forecast. In this update, I show why Newmont’s total cost of production has reached an all-time high…
The Collapse of the Massive U.S. Real Estate Bubble is just beginning, and Americans are totally unprepared. And… that’s the good news. Why? Because we are now witnessing the end of the Real Estate Cycle forever. Thus, America’s housing wealth will turn into a massive liability, forcing families to live in one home in the future…
It’s been six months since I provided my technical analysis on the top six gold miners’ “Best Buy Levels,” so I thought I would post an update. Even though we had a nice rally in the gold price and miners due to the Russian-Ukraine War, shares have fallen where I had forecasted at the beginning of February…