Several articles released on the mainstream press suggest that Texas’s power outages during the Polar Vortex Freeze were attributed to the lack of “Winterizing” the energy grid. They go on further to say that wind power in the north didn’t fail as it did in Texas because companies winterize…
The massive power failure in Texas during the record freeze is a prelude to the coming disaster in the United States. I do not mean to be an “Alarmist,” but as the country has significantly changed the electric power grid structure, we are setting ourselves up for a massive failure and series of failures…
The top four U.S. shale oil fields lost more than a half-billion barrels of oil production since their peak. At the current oil price, that’s a loss of $30 billion a year of oil revenues. Just think about that for a minute. The oil production loss from these top four shale fields would have supplied the United States…
The frigid cold air has been blamed for record electric consumption, forcing rolling Blackouts across Texas. However, the major culprit may not be due to the record electricity demand, but rather, frozen wind turbines. While it’s true that Texans are using record electricity to keep warm during record cold…
There’s been some disturbing news and data coming out about the U.S. Shale Industry. However, most investors still have no clue how bad the situation is becoming for an industry that really hasn’t been profitable for more than a decade. Unfortunately, there seem to be some nasty skeletons in the…
This is an important update for Silver & Gold Members. I wanted to share some new information about the markets, energy, precious metals, and our new Trade Alert System. Also, I spoke with precious metals dealer Tom Cloud this morning, and he says that the gold and silver retail market situation…