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Silver Outperforms Key Markets, Metals & Energy

While December was a horrible month for the broader markets, that wasn’t the case for the precious metals.  As the Dow Jones and S&P 500 Indexes suffered the worst December since the Great Depression, the silver price enjoyed quite a healthy rally.  The notion of rising precious metals prices during a market selloff ran counter to…

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SANTA CLAUS RALLY TURNS INTO MARKET CARNAGE: Precious Metals Push Higher In A Sea Of Red

The much awaited and hoped for Santa Claus Rally turned into a complete rout today as the broader markets continued to sell-off to new lows this month.  The Dow Jones plunged a stunning 653 points today, the worst in the in the 122-year-old history of the index.  Furthermore, the Dow is on track for its biggest…

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Shale Oil Keeps Growing on Trees

(By Mike Shellman), The United States Geological Society (USGS) today released a report stating there is an estimated 46.3 billion barrels of theoretical, technically recoverable, as yet undiscovered light tight oil reserves in the Wolfcamp, Bone Springs and Avalon shaley carbonate formations in the Delaware Basin of West Texas. Shale oil, it seems, keeps growing…

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The U.S. Shale Oil Industry Bloodbath Spreads As Oil Price Meltdown Continues

There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, than a bloodbath.  Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today it’s a complete disaster.   While some might think that a bit of an overstatement, I can assure…

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