While GREEN ENERGY is still plagued with many problems and issues, Wind Power provided a BIG CHUNK of Texas Electricity Supply this past week. Actually, I was quite stunned by the amount of wind power generation in the Texas ERCOT Grid this past week…
There’s a Major Disconnect today between the Broader Stock Markets and the silver price. The primary silver miners struggle to produce silver with non-existent profit margins while the S&P 500 hit a new high today. Something has to give, and the better fundamental value is in silver…
As forecasted, the U.S. Natgas price has now fallen below the $2 level and will likely continue even lower. Unfortunately, the ENERGY CLIFF is impacting the Natgas Market the most as the U.S. Henry Hub price is now falling below the total cost of production…
ExxonMobil & Chevron posted dismal financial results in its U.S. Oil & Gas Sector for Q4 2023. While this was mainly due to impairment write-downs, the problem remains as shale economics continue to severely underperform the production from the international sector…
Central bank gold demand continued to be strong in the fourth quarter, pushing the total to over 1,000 metric tons for the year. Compare this to the Gold ETF net outflows of 244 metric tons over the same period…
It is truly amazing the amount of U.S. Treasuries that were “Retired & Reissued” last year. It’s even worse when we compare it to the annual amount before the 2008 Global Financial Crisis. Also, why did the U.S. M2 Money Supply contract since 2022… Fed QT? Nope…