The LBMA announced today that they made a small error in overstating its silver inventories last month. According to the press release, the LBMA recorded an additional 3,300 metric tons of silver in March. That turns out to be a bit more than 106 million oz. That’s half of the total global physical silver investment last year…
In my newest Market & Metals Update, I show how the silver price is now at an important long-term technical level. If silver closes above this level at the end of the quarter, that could be a very bullish signal for much higher prices. However, there is one factor that may keep the silver price from breaking out…
In this video update Steve and I cover a lot of ground. We discuss the limits of growth in which our industrial civilization finds itself. And we show footage of the impact our world running on massive machines has on the environment. The conclusions we draw from all this might be eye-opening to some of our followers.
Precious metals investors want to know what to make of this recent Fortuna Silver & Roxgold merger. Unfortunately, one shareholder enjoyed the benefit while the other saw upwards of 25% loss in just a few days. These are the pitfalls of precious metals mining stock investing or speculation…
After we were stopped out of our trade John Deere short trade last week, we entered back in today with an initial short position. As I mentioned, finding a good top for John Deere was going to be challenging and, at times, frustrating. Thus, to limit losses, it’s important to use good Trade Management…
ExxonMobil is counting on using SuperFracks to increase its Permian shale oil production… or that’s the hope. This is a terrible sign because these SuperFracks may add more production on the front end, but the decline rate at the backside is much more severe. As ExxonMobil pumps in a record amount of fracking sand…