The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in…
According to a precious metals dealer I spoke with, the world out on the street is that demand for gold and silver has recently surged due to investor concerns about a disruption to the Global Supply Chain. We are already seeing a massive slowdown in China’s oil demand as official…
It seems as if many of the world’s engineers and scientists are going from DUMB to DUMBER and are now ending up in the category of complete STUPIDITY. I hate to be so harsh, but there it is. If scientists are spending time inventing new ways to extract energy from…
While Americans continue to enjoy the convenience provided by the just-in-time inventory supply-chain Leech and Spend Suburban Economy, the rate we are consuming the high-quality conventional oil reserves should scare the hell out of people. But, it doesn’t. Why? Because, virtually no one sees it or has a clue. Unfortunately,…
This week I participated in two new interviews on ENERGY & MINING. The first interview was with Bill Powers, who runs the Mining Stock Education website. We discussed how Energy will impact the silver mining industry and silver price. I included data about how much Energy it takes to mine…
Without the unprofitable and unconventional shale oil supply, U.S. oil production would still be below 5 million barrels per day. While we can applaud the shale industry for allowing the American Leech & Spend Suburban Economy to continue for another decade, I wouldn’t count on it lasting another ten years. …