The global economic and financial system is in much worse shape than I originally thought. New data and information suggest that the collapse will occur much quicker and with more dire results. This will cause global silver production to literally fall off a cliff within the next decade. Again, this…
It looks as if the TIDE HAS TURNED as one of the industry’s large silver producers finally reported its first profit after three long years. Coeur Mining reported a $17.3 million adjusted income profit in Q2 2016 compared to an $11 million adjusted loss in the previous quarter. This is…
The world is facing a Seneca Cliff like collapse in the future. Ancient Roman philosopher Lucius Seneca stated, “the increases are of sluggish growth, but the way to ruin in rapid.” Unfortunately, due to the massive amount of debt the world, the economic and financial systems are becoming more unstable….
The top three U.S. oil companies released their financials today and the results were completely horrible. Exxon Mobil was the only one of the three that still made a profit for the first half of the year, however it was down a stunning 62% compared to the same period last…
The U.S. financial system continues to disintegrate even though most Americans hardly notice. The system is being gutted from the inside out… much the same way a chronic disease weakens a patient even before any symptoms are felt. However, we are already experiencing painful symptoms as U.S. economic indicators continue…
The economic and financial situation in the United States and world took a turn for the worse in 2016. This was due to many underlying reasons, but the BREXIT vote to leave the European Union and plummeting oil prices were the two largest factors. The BREXIT vote pushed the value…