With the world experiencing the highest inflationary pressures in fifty years, central banks purchased the most gold since 1967… and this is just in the first three quarters of 2022. I believe we are seeing a significant trend-change in central bank gold purchases and sales…
This is a MUST SEE video update on the Gold Mining Industry as the cost to produce the King Monetary Metal is still relatively high. I thought we would see a considerable drop in the gold mining cost, but the results show that it did not happen with Newmont in Q3 2022…
With diesel supply being a critical factor for global transportation, any shortages can disrupt the global supply chain. This is especially true that U.S. and international diesel inventories continue to trend lower. And, to make matters even worse, Europe plans another round of Russian sanctions that will cut off more diesel supply…
Even though Americans didn’t suffer an Energy Crisis like the Europeans did this year… that time is still coming in the years ahead. Why? The U.S. residential electricity price hit a record high this year, and this is just beginning. Furthermore, Green Energy is making electricity prices higher, not lower…
The cost to service the U.S. public debt surged to a new all-time high due to the Federal Reserve raising interest rates. How much did the interest expense go up?? A Bunch… LOL. Also, with the U.S. debt getting ready to reach the Debt Ceiling, we will have another Political War in the coming weeks ahead…
Last week I chatted with Tom at Palisades Radio about why the Financial World is one Giant Ponzi Scheme. The world is now nothing more than a typical Ponzi scheme because we used the energy profits to pay positive returns, which will no longer be possible when we head over the Energy Cliff…