While the United States is now the world’s largest petroleum producer, the important high-quality conventional oil supply is at a 50-year low. There Lies the Rub, but the market doesn’t realize it because $23 trillion of additional U.S. Treasury issuance since the 2008 GFC propped up the U.S. Shale Oil…
Not ONE, but TWO European Silver ETFs saw significant increases in silver inventories and investment over the past two weeks. Who are the entities buying silver in Europe? Also, it’s time to put some light on the lousy analysis by members of our community on the Bitcoin Mining Industry…
Something very interesting is taking place in the Silver Market. In just the past week, one of the European Silver ETFs saw a massive increase in silver inventories. So, who is the Big European Silver Investor? This is interesting after the record Indian silver imports last month…
I sat down with Gary at Metals & Miners to discuss the Energy Cliff’s implications for the precious metals market and prices. Unfortunately, the market is totally unprepared for the massive Cost-Push Inflation that will occur as the global economy suffers from energy constraints in the years ahead…
The massive cost pressure that hit the primary silver mining industry pushed the group’s total breakeven higher than the silver market price. The market seems to be now understanding this dynamic, which may be the motivation and driver of recent higher silver prices…
Looking Deep Inside The Workings Of Bitcoin Mining Engine… it’s much worse than I first realized. While I reported last month that the Bitcoin Mining Industry really didn’t make money in the previous year and a half, the situation moving forward is totally unsustainable…