(By Art Berman) U.S. tight oil production may fall 600,000 barrels per day by June 2015 based on reasonable projections of current rig counts. I compared the decrease in rig counts that began in late 2014 to the rig count decrease in 2008 and 2009 following the Financial Crisis. I…
The U.S. economy has gotten considerably weaker since the investment banking collapse in 2008. Nothing has improved, except the fundamentals for owning gold and silver. However, there are many conspiracies that confuse people if you don’t look at the numbers. One such conspiracy is the one claiming the world has…
The world is heading towards an economic and financial collapse of epic proportions. Individuals who are currently invested in this system fall into two categories. We have the overwhelming majority invested in paper-digital assets and a fraction of the populace holding physical assets such as the precious metals. Currently, the…
The Shale Energy Industry suffered another big blow as Chevron terminated its last European operations in Romania due to poor exploration results and ongoing anti-fracking protests. Chevron also suspended all operations in Poland last month and cancelled shale gas agreements in Ukraine and Lithuania. This is just another bad sign…
The U.S. Empire continues to disintegrate from within due to the worst oil productivity in the world. This collapse is due to a falling EROI – Energy Returned On Invested. While this has been a long and ongoing process, the rate of decline is speeding up as the U.S. Shale…
With the new year now in full swing, Silver is one of the top performing commodities in 2015. After falling over 71% from its high of $49.82 in April 2011, to a low of $14.16 in December 2014, silver is up 16.3% in 2015. Not only is silver up higher…