In today’s Metals & Market Update I discuss the silver price has now reached a very important technical level. The precious metals started the year off today with a BANG today while the broader markets experienced a steep SELL-OFF. Will the metals continue higher tomorrow? Good question. However, if…
The largest U.S. oil company is in serious trouble. ExxonMobil is now being negatively impacted by the Falling EROI – Energy Returned On Investment. While Exxon’s management stated in early 2019 that they could make money in the shale oil sector at $35 a barrel, the company’s financials say otherwise…
With the world heading into deeper troubles in 2021, I sat down with chatted with the folks at Geopolitics & Empire. In the interview, we discussed the impact of the coming ENERGY CLIFF on the global economy and markets. We also talked about how this would impact Green Energy, gold, and the cryptos…
Investors need to be prepared for the FIREWORKS that are coming in 2021. In my last video update for 2020, I provide charts, graphics, and indicators that point to a major market correction early in 2021. However, this won’t be the BIG ONE. That will likely take place later in 2021 or 2022…
Even though the U.S. has been negatively impacted by the decline of its domestic shale oil production, China is now much more dependent on oil imports than the United States. Over the past twenty years, while U.S. net oil imports have fallen to nearly zero, China’s have surged to a…
We have been hinting on this new TRADE ALERT service of ours that we are about to roll out. We wanted to start in January 2021, however, the situation in the markets requires us to do this alert not later than today. We have been watching Bitcoin’s progress for some time and we believe that it is now getting ready to complete its pattern.