European natgas inventories took a Big Hit this week as a record Cold-Snap hit the region. Could this be a bad omen for Europe’s natgas supply and demand situation this winter? We will see… but the situation in the U.S. couldn’t look any better as natgas inventories hit a 5-year high…
Gold & Silver finally BROKE OUT above long-term critical levels… so what’s next?? Well, if the U.S. Treasury continues to pump $170 billion a month of new debt into the U.S. Economy, that will turn out to be extremely inflationary and thus bullish for the metals…
Well… there have been some interesting things happening in the Silver Market that I thought I’d share in this update. You have to see how much silver India imported last month… WOW!! I also answer some of the excellent questions from the GoldMoney post…
Interestingly, the top four gold miners’ costs declined slightly in Q3 2023 but are still much higher than the reported AISC – All-In Sustaining Costs. Unfortunately, investors continue to be misled by the gold mining industry because the AISC artificially lowers the actual cost of production…
Some strange things are happening in the precious metals industry. I was quite surprised to see GoldMoney announce its second commercial property purchase when the world is supposedly heading toward economic uncertainty and financial turmoil…
Dale Pinkert from TradeGate Hub interviewed me about Energy, Precious Metals, Miners, and other overall economy. Dale was interested in sharing with his followers why I thought oil was more of a factor for the economy than the Fed and U.S. Treasury printing money…