METALS & BITCOIN MARKET UPDATE JULY 2nd: High Commercial Net Short Positions In Metals & Bitcoin Suggest Weakness Still Ahead

Before the precious metals make another BIG MOVE HIGHER, we will likely see a correction first.  This is especially true with the high commercial net short position in Gold, Silver, and Bitcoin.  However, Bitcoin has already fallen $10,000 from its highs and may have further to go…

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BREAKING NEWS: Surprising Development In The U.S. Shale Oil Industry

Few are aware of a surprising development taking place in the U.S. Shale Oil Industry.  I plan to do a Metals Update tomorrow when the new month and quarters start, but I wanted to share this because it reveals an interesting situation happening in the U.S. Shale Oil Industry…

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FINANCIAL COLLAPSE OF WORLD’S LARGEST WOOD PELLET COMPANY: Enviva Files For Bankruptcy In March 2024

The Green Energy Industry took another BIG HIT when Enviva, the world’s largest wood pellet company, filed for bankruptcy in March.  This is terrible news for power plants in Europe and Asia that have converted to burning wood pellets instead of coal…

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WHAT GRID SHORTAGES OR BLACKOUTS?? Stunning Surge In Utility-Scale Battery Storage Additions This Year To Save The Day

If Americans are worried about more electric grid shortages or blackouts… don’t be.  The U.S. plans to more than double its utility-scale battery storage this year to save the day… or will it?  I was pretty surprised to find out the amount of planned utility-scale battery storage to be added…

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