The world continues to suffer from more disruption in the global energy system and markets. In this new Metals, Market & Energy Update, I show what’s happening with the U.S. and global energy inventories. I also provide information on the Global Gold ETF market and how that is impacting the gold price…
Americans are now paying a lot more for electricity and this trend will likely continue in the years to come. Why? Unfortunately, the U.S. will continue to ramp up its “Green Energy” of wind and solar, thus making power generation even more expensive. If you then add rising energy prices on top of that…
In just a bit more than a week, the U.S. Government added nearly another HALF-TRILLION in public debt. Of course, this was due to the “temporary” lifting of the debt ceiling by the honorable members in the Senate. However, with adding nearly $500 billion of new debt, the price tag for servicing that debt is…
Is the oil price going up to $200 a barrel? Some analysts believe we are heading for much higher energy prices. While this may be the case, we need to look at the fundamental data to understand the energy markets better. Also, don’t high gasoline prices impact consumer demand? Sure it does…
Today’s huge 10% crash in IBM’s share price wasn’t a shock to legendary Short Trader Jim Chanos. Chanos has been talking about how “IBM’s financial engineering” propped up its share price for a few years. But, like with all “Financial Scams,” the fundamentals always come back to haunt the less savvy investors…
This is an important Metals, Market & Energy Update for SRSroccoReport Subscribers. In this update, I show new data suggesting that Europe’s natural gas storage may have already peaked this year… which is very BAD NEWS. Also, what do the technicals say about silver, gold, and the oil price…