If you can’t increase energy consumption, the best way to increase the Gross Domestic Product is to use massive debt and money printing. Economics 101. This is precisely what has occurred in the United States as the GDP ballooned past two decades…
The surge in global oil demand recently is putting a great deal of pressure on the limited supply. Thus, the term I will use a lot in the future is… “WHERE IS THE BEEF?” And, but they, I mean energy, not meat. It seems like we are heading into the next stage of the ENERGY CLIFF during the second half of 2023…
If you want to understand the foundation and implications of the ENERGY CLIFF, this interview with Jesse Day at Commodity Culture helps Connect-The-Dots. Unfortunately, most individuals and investors still do not understand how much the world will change in a relatively short period of time…
The world’s largest gold miner saw its costs explode to record highs due to increased costs and declining production. The company’s decline in gold production may be temporary, but I believe the costs will continue to increase in the quarters and years ahead…
The Precious Metals Rally since the beginning of July was due to a weaker Dollar. So, what’s next… especially after the Dollar rallied today, pushing the metals lower. In this update, I show longer-dated charts that may provide us with some interesting clues…
Tom Cloud discusses why it is important to protect wealth as the U.S. Government moves into a “Debt-Super Cycle.” Also, Tom mentioned that the precious metals prices have gone up as the U.S. Dollar has declined. Thus, the direction of gold and silver prices is based on the U.S. Dollar…