While I thought it was over, the war against PEAK OIL still continues. This is very bad news because the world is totally unprepared for the coming Energy Cliff. Ironically, all the banking and financial turmoil we see in the markets stems from the Energy Cliff dynamics…
Investors are more than ever concerned about the stability of the U.S. and global banking system. While the Fed and central banks have calmed the markets by propping up failing banks temporarily, we saw both Gold & Silver Break Out of important levels today.
Unfortunately, the worse is yet to come with this Banking Crisis. And, while the Federal Reserve believes it has the tools to manage this crisis, they are making the same mistakes as they did in 2008. This could have profound implications for the markets and the precious metals…
Has the U.S. Peaked in Fuel Consumption? If so, that signifies the Peak of the U.S. Empire & Economy. Also, there is a Must-See chart that shows the negative impact oil prices have on Americans’ demand for driving and flying. And, with rising energy prices in the future, this doesn’t bode well for the American Suburban Economy…
If you think the high consumer prices have been bad, get prepared for serious INFLATION in the future. Why? Because Energy is the main driver of inflation, not money printing. And, when the world begins to head over the ENERGY CLIFF, the world will experience inflation as it has never before…
Investors are piling into gold and silver as the Banking Contagion spreads from the U.S. to Credit Suisse and now Deutsche Bank. Not only is this driving up the premiums, next week is also an important technical BREAKOUT area for Gold and Silver…