It’s truly “Gluttonous” how much energy it takes to produce one Bitcoin compared to Gold and silver. Worse yet, you don’t even get to hold or store a physical Bitcoin like you can with gold and silver. This is precisely why I favor investing in physical precious metals over Bitcoin…
While most Americans are out celebrating the Fourth of July, this isn’t the case for Bitcoin investors and the Bitcoin Mining Industry. The Collapse in Bitcoin Mining Revenue since the Havling in April spells Big Trouble for the Industry if the Bitcoin price doesn’t recover…
Before the precious metals make another BIG MOVE HIGHER, we will likely see a correction first. This is especially true with the high commercial net short position in Gold, Silver, and Bitcoin. However, Bitcoin has already fallen $10,000 from its highs and may have further to go…
With rising interest rates, Americans are now paying a record amount of interest, which is cutting into their household expenditures. U.S. Households now spend $1.1 trillion a year to service their mortgage, credit card, and other commercial debt…
If Americans are worried about more electric grid shortages or blackouts… don’t be. The U.S. plans to more than double its utility-scale battery storage this year to save the day… or will it? I was pretty surprised to find out the amount of planned utility-scale battery storage to be added…
The next week is important for the precious metals as it could set the stage for the trend over the next several months. Interestingly, Jeff Christian of CPM Group believes gold and silver could rally briefly until the end of June…