With the ongoing attacks on shipping vessels in the Red Sea, it reveals the fragile nature of the global economy and supply chain. Due to these attacks, several companies have paused shipping through the Red Sea or rerouted ships around the Cape of Good Hope in South Africa…
It was great chatting with Jesse from Commodity Culture on why the Energy Cliff will be BAD NEWS for financial assets. Unfortunately, the market doesn’t understand this as they continue to purchase a record amount of U.S. Treasuries and global bonds of all flavors…
While I have been quite “Negative” on the entire Green Energy Industry, there is a short-term benefit that we can’t overlook. Due to the massive ramp-up of wind and solar power over the past decade, we’ve cut a great deal of potential coal and natgas supply…
It was finally nice to chat with Fortuna CEO Jorge Ganoza about the mining industry, energy, and what constitutes a “Real Store of Wealth.” Chris Marcus hosted the interview, where he allowed me to discuss energy and why it is extremely important to invest in physical precious metals and mining companies…
We can thank the shale companies for their hard work producing tight oil, which we export nearly half. Amazingly, the U.S. exports more oil now than what Iran, Kuwait, or the UAE produces. The U.S. shale industry is exporting the highest-cost oil at bargain-basement prices…
European natgas inventories took a Big Hit this week as a record Cold-Snap hit the region. Could this be a bad omen for Europe’s natgas supply and demand situation this winter? We will see… but the situation in the U.S. couldn’t look any better as natgas inventories hit a 5-year high…