It’s one thing when the Western wind power companies lose money, but another thing entirely when it happens to the largest firm in China. Why? China is supposed to be the lowest-cost producer in the world. This is just another nail in the coffin for the Green Energy Industry…
Some strange things are happening in the precious metals industry. I was quite surprised to see GoldMoney announce its second commercial property purchase when the world is supposedly heading toward economic uncertainty and financial turmoil…
Dale Pinkert from TradeGate Hub interviewed me about Energy, Precious Metals, Miners, and other overall economy. Dale was interested in sharing with his followers why I thought oil was more of a factor for the economy than the Fed and U.S. Treasury printing money…
Something just doesn’t make sense in the oil market when falling global oil inventories and escalating tensions in the Middle East suggest rising, not tumbling, prices… LOL. Furthermore, global oil demand is actually stronger than last year… SO WHAT GIVES??
When a country peaks in its liquid fuel demand, this typically points to the inevitable plateau in “Real Economic Growth.” This seems to be true for Americans, as U.S. gasoline and diesel consumption per capita peaked more than 15 years ago… regardless of the massive money printing by the U.S. Government…
Central banks purchased the most gold over the past year, as the U.S. and ECB printed trillions in new treasuries and bonds. It seems as if many central banks are becoming worried that U.S. Treasuries may no longer be safe assets in the future. I agree…