The so-called Green Energy State that announced the banning of sales of gasoline vehicles in 2035 is burning a massive amount of fossil fuels just to keep the lights on. Yes, indeed… California’s Electric Grid used 4 TIMES more Natgas Power than Wind & Solar… what do you think of them apples…
With the silver market price now lower than most primary silver miners’ production costs, this low level may not last long. This is especially true when we factor in the surging silver lease rates, suggesting a real tightness and shortage of metal for traders in the market…
If the world believes the current Energy Crisis is just a short-term cyclical problem, wait until we begin to head over the ENERGY CLIFF. The major riots we are now seeing in response to surging energy and food prices, are just the beginning. Also, there are some fascinating developments happening in the Silver Market…
If you think the economy is in bad shape now, wait until you watch this video update. The Global Economy is a Ponzi Scheme that is being propped up by a massive amount of debt. How much debt? Well, in just the last three years, total global debt surged by 23%, a stunning $56 trillion. Thus, Debt is the New Economy… LOL…
For the Bulls, who thought the broader indexes were heading to new highs, the Bears returned as the market sell-off commenced on Friday. I expect this will continue next week until we fall 40-50% from the highs over the next year. However, there are some interesting dynamics taking place in the silver market…
U.S. power bills are surging to record levels causing 20 million Americans to fall behind on their payments. And… unfortunately, this will only worsen as electricity prices continue to rise in the years ahead. Also, new U.S. wind and solar power installations have fallen considerably in the first half of 2022…