METALS & MARKET UPDATE JULY 11th: Commodity Prices Declining, Covid Lockdowns Rising & Silver At Critical Technical Level

This is a CRUCIAL Metals & Market Update showing continued weakness in commodity prices as Covid-19 Lockdowns rise in many countries worldwide.  Also, the falling Bond Rates suggest more deflation ahead while silver is at a key technical level.  My forecast for a collapse of the U.S. shale oil production gets confirmed…

Continue Reading

HOW MUCH SILVER IS USED IN THE SEMICONDUCTOR INDUSTRY… More Than I Thought

The Semiconductor Industry consumes a lot of silver, a great deal more than I thought.    Let’s say the semiconductor industry consumed more silver than either global silverware or photography demand. With the largest growth sector in the Industrial Silver Market being electronics, semiconductors are a vital component…

Continue Reading

DID WORLD ENERGY CONSUMPTION PEAK IN 2018?? Major 2020 Energy Update & Important Trends

With the 2021 BP Statistical Review release today, world energy consumption per capita peaked in 2018, declined in 2019, and then dropped considerably in 2020 during the pandemic shutdowns.  Also, while most countries showed a decline in total energy consumption last year, these two countries actually reported increases…

Continue Reading