There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, than a bloodbath. Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today it’s a complete disaster. While some might think that a bit of…
There has been a tug of war in the oil price over the past two weeks. Due to a very rare setup in the market, the oil price has traded in a very narrow range as traders fight it out to see who will win control… the BULLS or the…
Has Peaked Diesel arrived? Well, if so, it is terrible news for the automobile and trucking industry as well as the overall economy. I came across this information from an article written by Antonio Turiel on his The Oil Crash website. The article provides some sobering data suggesting that the…
Over the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to…
The rapidly falling oil prices have finally claimed the first victim, but it won’t be the last. The Alberta government announced late yesterday for a substantial cut in tar sands oil production to stem the hemorrhaging low oil price. The price paid for tar sands oil has fallen a stunning…
Even though interest in precious metals has fallen over the past few years, investment demand is still the largest growth sector in the silver market. Yes, it may be hard to believe, but physical silver investment has grown the most since the 2008 financial crisis compared to the other sectors. …