This is a MUST-SEE Video for precious metals investors who are now experiencing some of the worst sentiment in years. I was on the phone this week talking to people in the industry, and the word out there is many metals investors are wondering if they bought the right asset…
The best way for me to describe the Bitcoin Mining Industry… it’s a RACKET. The more I dig into this Bitcoin Industry, the more troubling signs I find. If you want to know how bad the top Bitcoin mining companies are compared to gold mining companies, you must watch this video update…
If Moody’s downgraded the French credit rating due to its deficit to GDP, you should see what’s happening with the U.S. government ratio. Also, there still seems to be some wisdom in the financial markets, as Microsoft shareholders overwhelmingly voted against investing in Bitcoin…
It looks like the ENERGY CLIFF is coming back to bite hard this winter. U.S. natural gas consumption surged this week as Europe faces another dreadful winter with rising prices and possible gas shortages. I don’t think Americans realize how much power bills will increase in the future…
The amount of energy it now takes to mine one Bitcoin is absolutely stunning. Ever since Bitcoin halving in April, the energy now needed to produce just one Bitcoin should shock the public. Unfortunately, the market is unaware of the power-hungry Bitcoin Mining Industry because it is focused on the $100,000 price…
Due to the excellent comments and questions from yesterday’s post, I decided to do a quick update with some new important charts while discussing member comments. The Big question I see from several members is, will the silver price fall back or below the Cost of Production…