During the Gold Rally last week, there was a big surge in the commercial short position. It was one of the largest increases I have seen in quite a while. However, that didn’t happen to silver when it hit $39, as few new shorts were added. Also, big declines in U.S. oil production are underway…
While silver hit another 14-year high today, the real fireworks will likely take place as the “Financialization of Assets,” especially in silver, head into high gear. This, of course, is all due to the falling EROI of Energy and its impact on debt and the highly inflated global financial system…
After 14 long years, the Silver BREAKOUT above the $35 level continues as the price surged above $38 today … so what’s next? Unfortunately, there are no more resistance levels, so it’s impossible to know, but with the Broader Market and Bitcoin Meltup continuing higher… things could get very interesting…
With the world heading closer to the ENERGY CLIFF, it’s important to understand which regions are the most vulnerable. Additionally, I believe China’s economy is in serious trouble, as it has grown at such a rapid and massive scale that sustaining this pace will be difficult in the years ahead…
With the U.S. Public Debt surpassing $37 trillion, who is buying U.S. Treasuries? Certainly not foreign governments, especially since the start of Trump’s Trade War. Also, why have Official Coin sales plummeted…
With attacks escalating between Israel & Iran, it seems we are now on the verge of WW3, if the United States gets involved. Also, the U.S. Port of Los Angeles saw imports plummet in May…