Investors need to be prepared for the FIREWORKS that are coming in 2021. In my last video update for 2020, I provide charts, graphics, and indicators that point to a major market correction early in 2021. However, this won’t be the BIG ONE. That will likely take place later in 2021 or 2022…
Even though the U.S. has been negatively impacted by the decline of its domestic shale oil production, China is now much more dependent on oil imports than the United States. Over the past twenty years, while U.S. net oil imports have fallen to nearly zero, China’s have surged to a…
With the increased lockdowns of many cities in the United States, the U.S. Oil Refining Industry situation goes from bad to worse. Normally during the end of November and into the December holiday season, demand for petroleum products increase. However, over the past two months, U.S. refinery crude oil inputs…
Since the 2009 Financial Crisis, investors purchased a tremendous amount of gold and silver. However, 2020 may have set the stage for a massive increase in physical precious metals investing in the future. While a significant percentage of gold and silver investment this year was in Gold and Silver ETFs…
The oil price’s price action today traded as we forecasted in our Gold Member Metals & Market Update yesterday. While forecasts don’t happen exactly all the time, the oil price fell right in line with the “Technical Analysis Script”… to a TEE. Actually, it was quite amazing to see it…
There’s one simple chart that destroys the entire “GREEN” Energy Myth. However, most people have no idea about this chart’s implications because they don’t look at the data. With a Democratic Presidency taking over the Whitehouse next year, the U.S. will likely start to seriously ramp up Renewable…
After Fed Chairman Powell spoke live today, the precious metals prices jumped higher, especially silver. Silver was up more than 90 cents, reaching $25.50. Gold closed higher by nearly $12 to $1866. However, the REAL WINNER today was silver. Why? After silver broke out above a technical level…
The peak of the U.S. Oil Refining Industry has finally arrived. After more than a century of expanding U.S. refining capacity, we are now witnessing a contraction that will turn into a steady disintegration over the next several decades. More than a half-dozen U.S. refineries have announced closures…
While the top two silver mining countries in the world have ramped up production since the pandemic lockdowns, Peru is still struggling to get to full capacity. Also, Mexico’s silver production in September is still less than it was last year. Because Mexico and Peru account for nearly 40% of…
Since late last year, when Deutsche Bank was on the verge of bankruptcy, the company has instituted a strict austerity program of cutting costs and employees. On October 21st, Deutsche Bank announced plans to cut 28,000 employees worldwide due to the financial crisis caused by the pandemic. However, Deutsche Bank…