What an interesting day as the broader markets are selling off while the precious metals and mining stocks are holding up rather well. Unfortunately, the oil price is back in the $38 level which is destroying the value of shale oil stocks. I’d imagine Concho Resources is quite happy today…
This is an important update for Silver & Gold Members, including the recent price action of the precious metals. Also, I will provide members with a brief explanation of how to access the material on the SRSrocco Report. Some members may not realize there is a great deal…
The world is getting ready to head over the Thermodynamic Energy Cliff. Unfortunately, the world is unprepared for the Energy Cliff’s negative impact because virtually no one understands it or sees it coming. So, unless we make a drastic change, and quickly, the U.S. and world economies will go down…
Deep in the heart of the U.S. midwest, the Corn Ethanol Industry’s alchemists are busy at work turning gold into lead. It seems the mad scientists have discovered a way to use technology to convert high-quality energy into billions of gallons of super-low EROI corn ethanol. Last year…
ExxonMobil, the largest oil company in the U.S. and a direct descendant of John D. Rockefeller’s Standard Oil, days are numbered. The once-great profitable oil giant is now borrowing money just to pay dividends. How long can this charade go on? Good question. Now, some may believe that ExxonMobil was…
This week I participated in two new interviews on ENERGY & MINING. The first interview was with Bill Powers, who runs the Mining Stock Education website. We discussed how Energy will impact the silver mining industry and silver price. I included data about how much Energy it takes to mine…