In a bit more than four hours, Bitcoin lost nearly $10,000. While Bitcoin is up from its lows of the day, the Bitcoin Mining Stocks continued to get taken to the woodshed. Marathon Digital, the largest Bitcoin miner, saw its share price decline another 13% today…
If shale well economics weren’t bad enough… now tack on the premium additional costs from all the recent M&As, Mergers, & Acquisitions. Investors don’t realize these large mergers are adding substantial new costs to each new well that will be added in the future…
The situation couldn’t get more bizarre at Nvidia when it released its results last week. While the company reported record Q4 2023 earnings, there are some troubling signs behind the revenues that provided the profits…
I had no idea how bad the fundamentals were in the Bitcoin Mining Industry until I decided to take a HARD LOOK. It’s no coincidence the Bitcoin price surged higher recently. If it didn’t, the Bitcoin Mining Industry would have been in serious trouble… and still is…
This is an IMPORTANT Update for several reasons. While discussing even more short-term “Bearish” fundamentals for Natgas, I see this as an opportunity, not a negative. Also, something BIG is about to Break in the Silver Market… but which way…
In rare form today, TFMetals decided to throw Newmont under the bus on “X” or Twitter. This was likely due to Newmont’s dismal Q4 2023 results, reporting a $3.1 billion net income loss for the period. Turd used several expletives to describe the performance of the world’s largest gold mining company…