The U.S. Shale Industry continues to deplete its DUCs – Drilled Uncompleted Wells inventory and will have difficulty increasing production if it can’t drill enough wells when these inventories run out. Also, the DUCs that were drilled in 2019 and 2020 were less expensive than the wells drilled today…
The world is sleepwalking over the Energy Cliff and has no idea that it will turn most Assets into Liabilities. Thus, 99% of investors will be unprepared for the future because they have invested LOCK-STOCK & BARREL in Stocks, Bonds, and Real Estate that are Energy IOUs, rather than real Stores of Value…
We are now seeing more parts of the Global Economy shutting down due to the worsening European Energy Crisis. While the West believes it can “Reduce” its dependence on Russian oil and gas, the evidence suggests that would be suicide. Also, the U.S. economy is also being impacted by rising energy prices…
Investors are buying Silver Bullion at such elevated levels, premiums are spiking higher, while wait times for many products are now reaching 4-5 weeks. I spoke to Dan at Cloud Hard Assets today, and he said that silver was hard to find, pushing investors into smaller fractional official gold coins…
With the world just starting to recover from the Pandemic shutdowns, it looks like the Semiconductor Shortage is about to go into HYPER-DRIVE. Why? Because a critical element is used in the manufacture of semiconductors, over 50% is produced in Ukraine. This could be disastrous…
Today, as the Ukraine War continues to escalate, the United States and the U.K. banned Russian oil imports. President Biden went on to say that the U.S. Shale Industry should take advantage of Federal Drilling Leases to increase production to offset future declines of Russian oil. This would be nice if it were true…