The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside. Actually, I was quite surprised to see how much Peru’s silver production declined versus the same month last year. Also, Peru’s gold February production took a similar…
There still seems to be some doubt in many investors minds on how much gold there is in the world. I continue to receive emails from individuals who read articles stating that the amount of gold in the world is much greater than the official estimate. Recently, I have received…
Americans who believe technology will be the cure for all our problems, don’t count on wind and solar energy to save the day. This is the delusion I see over and over again in the Mainstream and alternative media. I even receive emails from followers who tell me not to…
The current silver price trend is once again at a critical juncture. It has been four years since the price of silver crossed an important trend line. However, the present setup will result in either another correction lower, or a much higher price. This is a ten-year chart which shows…
U.S. gold bullion exports to Asia started off with a bang in 2017, as the majority of the total shipped in January went to Hong Kong. Not only did the U.S. export most of its gold bullion to Hong Kong, it was the highest monthly amount in quite some time….
The Middle East’s largest oil producer is in serious trouble as it continues to burn through cash. Not only is Saudi Arabia burning through its foreign exchange reserves at a rapid pace, its future net oil exports will continue to decline. Why? Because Saudi Arabia is using more of its…