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…
When the ENERGY CLIFF begins, the Regions and countries with the highest net energy imports will be negatively impacted the most. In this update, I discuss the significant changes in production and net exports in 2023 vs 2022. There was clearly one BIG WINNER…
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…
Few are aware of a surprising development taking place in the U.S. Shale Oil Industry. I plan to do a Metals Update tomorrow when the new month and quarters start, but I wanted to share this because it reveals an interesting situation happening in the U.S. Shale Oil Industry…
The Green Energy Industry took another BIG HIT when Enviva, the world’s largest wood pellet company, filed for bankruptcy in March. This is terrible news for power plants in Europe and Asia that have converted to burning wood pellets instead of coal…