The folks at FreeGold (FOFOA) believe that when gold revalues to $45,000, silver would fall down to $1.85. They stated this in their recent article, FOFOA: Silver Dollar. Actually, FOFOA’s original calculation was done back in 2001, when they saw gold revaluing to $10,000 and silver down to a measly…
I spoke with Sean at SGT Report on the very latest in the gold and silver markets. As we note, Bloomberg’s mockingbird journalist Nicholas Larkin recently wrote that if China could obtain 10,000 TONS of gold, it would justify a re-pricing of gold to $64,000 ounce. However, Larkin argues that…
Just how little is U.S. renewable energy production from solar and wind? Well, it actually turns out to be less than I thought. Even though the United States continues to add new solar plants and wind farms, it’s the growth of the country’s fossil fuel output that is the real…
There seems to be a great deal of hype put forth by the market that rising solar demand will be a key factor in determining the price of silver in the future. While silver consumption in the solar industry may increase going forward, the real cause for much higher silver…
The U.S. is in serious trouble. The great U.S. Bakken oil field supposedly responsible for making the United States energy independent, is now showing signs of peaking. Not only has oil production from the Bakken declined significantly, so has the Eagle Ford. If these two shale oil fields have indeed…
Americans would be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, we still import a significant amount of petroleum from the former communist country. How much petroleum does the United States import from Russia? Actually, a lot more when we…