Energy

The Disintegrating Energy Sector Will Make The Entire System Grind To A Halt

Very few Americans realize that the disintegrating energy industry will make the entire economy and market grind to a halt.  This won’t happen overnight, but if we look at history over several decades or a century, it will have fallen apart rather quickly.  Unfortunately, there is nothing we can do about it because the time…

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Massive Stock Correction To Send Metals Surging & Elites Lose Control

With the broader markets continuing to be propped up by HOT AIR and Central Bank intervention, only a fraction of investors have prepared for the massive stock market correction with physical gold and silver.  Some precious metals investors fear that when the broader markets crash, so will the price of gold and silver… just like…

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Down 10%, Mexico Oil Reserves Gone In 9 Years Without New Finds

(By Adam Williams-Bloomberg) Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries. That’s the message from the National Hydrocarbons Commission, which said Friday that the reserves fell 10.6 percent to 9.16 billion barrels in 2016, from 10.24 billion barrels a year earlier. Once the world’s…

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HAGMANN REPORT: Precious Metals To Protect Wealth During The Global Energy Collapse

There will be very few assets worth owning when the “Energy Collapse” begins in earnest.  Precious metals will be one of the few assets that will protect wealth as the U.S. and global oil industry disintegrates. I had the pleasure of being interviewed by Doug and Joe Hagmann about the upcoming energy collapse at what…

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PEMEX: Mexico’s State Oil Company On The Verge Of Bankruptcy & Collapse

Mexico’s state oil company, Pemex, is a perfect example of the ongoing collapse in the global oil industry.  Falling oil prices and declining production are putting severe pressure on the company’s financial balance sheet.  It has been four long years since Pemex posted a small profit.  However, since 2012, Pemex has suffered huge annual losses…

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Low Oil Prices Continue To Decimate Saudi Arabia’s Currency Reserves

The low oil price continues to wreak financial havoc on the largest oil producer in the Middle East.  While the Mainstream press has published articles forecasting a rebound in Saudi Arabia’s financial outlook, due to higher oil prices this year, it seems like the Kingdom’s problems are just beginning. In order to make up for…

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