When Bitcoin surged higher on July 11th, so did the silver price. If we compare the Bitcoin and SLV ETF (silver price), both surged higher on July 11th, peaked simultaneously, and have traded similarly over the past week. Additionally, I explore why the future price of Bitcoin may be constrained by its rising production costs…
While silver hit another 14-year high today, the real fireworks will likely take place as the “Financialization of Assets,” especially in silver, head into high gear. This, of course, is all due to the falling EROI of Energy and its impact on debt and the highly inflated global financial system…
After 14 long years, the Silver BREAKOUT above the $35 level continues as the price surged above $38 today … so what’s next? Unfortunately, there are no more resistance levels, so it’s impossible to know, but with the Broader Market and Bitcoin Meltup continuing higher… things could get very interesting…
If you want to understand the concept of the “Diminishing returns of Technology,” then the history of the U.S. Strategic Bomber is a perfect example. I was quite surprised to learn that the U.S. only built 21 of the B-2 bombers, which were used to target underground Iranian facilities…
With the world heading closer to the ENERGY CLIFF, it’s important to understand which regions are the most vulnerable. Additionally, I believe China’s economy is in serious trouble, as it has grown at such a rapid and massive scale that sustaining this pace will be difficult in the years ahead…
With the Silver price now heading back towards $37 after the $35 BREAKOUT, what is the next important level? We have never seen a close above this level on a quarterly basis… suggesting another possible Breakout…