I decided it was a good time to do a Metals & Market Update as gold and silver continue to break out higher. Also, one of my biggest concerns is whether the precious metals will correct lower or decouple from the broader markets when the AI Bubble POPS?? It’s not a matter of “IF” but “WHEN” the AI Bubble will pop…
Thanks to Bitcoin Mining & AI Data Centers, the Texas Power Grid hit a Record load in July. What’s quite interesting is that Texas power demand grew 9% in recent months, nearly five times the U.S. average. Ironically, the Bitcoin Mining Industry said it “Saved the Grid” on July 22nd during the peak-load event…
With the U.S. Iran war continuing to escalate and now spreading to other parts of the Middle East in Yemen and Iraq, could we be heading towards a “Forever War”? That term comes from Professor of Political Science, Robert Pape. After watching my energy update, I recommend also watching the Robert Pape interview below…
With Gold & Silver prices surging higher in early Asian trading as oil prices really fall, what is happening with global gold and silver flows? Who is importing and exporting the most gold and silver? I was surprised to see how much silver China exported in June, as the data was just released this weekend…
There’s a troubling trend taking place at the world’s largest silver producer, and this trend is likely to worsen in the years ahead. Because it now takes three mines to do the work of one, the cost to produce silver has increased significantly. Unfortunately, few silver investors understand what is happening…
Unfortunately, the United States & the World are heading into an unknown future as the Middle East Crisis escalates; at the same time, it seems the massive AI Bubble is popping.  With S&P downgrading the mighty Oracle to just above Junk, it is sending a warning sign for stocks…