I was simply “Stunned” to find out that the top Gold Miners’ total cost of production is now over $1,700. It’s no wonder the gold mining stocks have underperformed even with much higher gold prices. Unfortunately, I believe costs will only increase in the future…
Every once in a while, I see something that really HITS the NAIL on the HEAD. And, to do it in three minutes and be hilarious, is truly amazing. If you want to know what is happening in the Shale Oil Industry, you must watch this short video on the BAKKEN… “We are Kaput.”
The United States is in serious trouble after exporting a record amount of gold since 2001 while domestic mine supply collapsed. This will likely go down in history as one of the United States’ biggest Blunders. So, how much gold did the USA export?? A Bunch… LOL…
There are some interesting dynamics taking place in the Gold, Silver, and Copper Markets. In this weekly update, I show why these must-see charts provide fascinating changes in the leading precious metals and industrial metals…
The world’s largest primary silver miners saw their costs hit new All-Time Highs in Q2 2023. Unfortunately, even if we get some deflationary forces to lower costs in the short term, the Silver Miners will likely experience much higher energy & material costs in the years ahead…
While the Mighty Permian Shale Field continues to supply a record amount of oil, the rapid increase in the natural decline rate suggests peak production is coming sooner rather than later. Thus, the Permian is also running up against the RED QUEEN SYNDROME. It’s truly amazing how the Shale Industry…