The four-decade long monopoly of the U.S. Petro-Dollar as the world’s reserve currency is coming to an end. Unfortunately, most Americans have no clue that when the Dollar loses its reserve currency status, life will get a lot tougher living in the U.S. of A. Let’s say, Americans will finally…
Yes… it’s true. Two state of the art nuclear power projects bankrupted the mighty Westinghouse Electric Corporation, a company founded in 1886. Actually, this is old news as Westinghouse filed for bankruptcy back in March 2017. However, the breaking news is that the Westinghouse bankruptcy has now forced two utility…
Yes, it’s true… the United States smashed another fuel production record this year. According to the U.S. Energy Information Agency (EIA), the country produced over one million barrels per day of this liquid fuel in the first six months of 2017. Unfortunately, this isn’t something to brag about. It would…
What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth, really. So instead of having real economic growth, we have inflated economic growth and inflated asset values. When growth starts to decline, I think we’re going to see the valuations of assets decline considerably….
While the Mainstream media continues to put out hype that technology will bring on abundant energy supplies for the foreseeable future, the global oil and gas industry is actually cannibalizing itself just to stay alive. Increased finance costs, falling capital expenditures and the downgrade of oil reserves are the…
The market has no clue that it has severely undervalued the price of gold. While Central bank intervention has worked hard at capping the gold price, the “Great Gold Supply Disconnect” will most certainly remedy that situation. This gold supply disconnect took place after the gold price peaked in 2011….