With gold and silver prices correcting lower from the highs, what’s next for the precious metals? Is silver heading back to $35 and then to $50, as many precious metals analysts believe? It’s probably a good idea to look at the technicals and the market structure…
The silver percentage chart shows three key silver breakouts. The most recent Breakout resulted from a decade of backfilling and Retests. With the silver price up nearly $10 since February, what are the current important technical levels…
As U.S. Utility companies continue to transition to Green Energy, they are setting up for massive failure in the future. In this second update, I show how Portland General Electric in Portland, Oregon, is typical of utility companies’ unsustainable economics…
While global petroleum production is at an all-time new high, the RED QUEEN SYNDROME continues devouring the oil industry from within. Interestingly, the record global oil supply came from NGLs, not crude oil and condensate. These are five must-see charts. According to the EIA – U.S. Energy Information Agency, total…
This was my interview with Tom at Palisades Radio, during which I shared my Bitcoin Mining Ponzi Scheme presentation. I highly recommend it if you haven’t yet watched it. The Bitcoin Mining Industry is using the shareholder as a piggy bank to fund the Bitcoin Red Queen Syndrome…
In just one day, not only did Silver BREAKOUT above $30, but it also sliced through $31, closing below $32 for the day. The only way to describe this huge move is a massive short covering rally. Why? Market participants were likely caught on the wrong side of the move due to large silver bullion hedging and not believing the rally…