Energy

GREEN ENERGY DOUBLE-TALK BEGINS: First Major Oil Producer Announces Deadline to End Oil Extraction, But There’s A Catch

According to the Washington Post article published yesterday, Denmark was the first major oil-producing country to announce a deadline to end oil extraction.  While this may sound like a “Victory” for the Green Energy Movement, there’s a catch.  While Denmark announced that it would end…

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PRECIOUS METALS & MARKET UPDATE DEC 1st: Dollar Dump Pushes Gold & Silver Higher

The surge in the gold and silver prices today was the result of the large Dollar sell-off.  The U.S. Dollar has been trading off an important support level for the past four months, but finally broke below it today, causing a nice really in the precious metals.  Gold was up $40…

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Silver Eagle Sales Surge To Highest Level In Nine Months & SRSrocco Report Interview With Palisades Radio

Investor demand for precious metals remains strong as the U.S. Mint Silver Eagle sales in November were the highest in nine months.  Not only were Silver Eagle sales the highest since March, when the pandemic caused investors to wipe-out inventories, but Gold Eagle sales also jumped by another…

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MEXICO NOW FACING THE ENERGY CLIFF: PEMEX Oil Production Continues To Decline As Liabilities Mount

With Mexico’s PEMEX oil company heading over the ENERGY CLIFF, it’s a terrible situation for the United States southern neighbor.  Mexico reported the lowest crude oil production during October in more than 40 years.  In the last 15 years, Mexico’s oil production has fallen more than 50%.  This is…

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