Surging energy prices along with the continued breakdown in the global supply chains pushed the world’s largest gold mining company’s cost to a new record high. My estimated breakeven for Newmont hit an all-time high in Q1 2022. Unfortunately, I believe this is just the beginning of much higher gold mining production costs in the future…
New data suggests that the world’s oil fields are declining faster than the industry realized. This is terrible news as the world economic growth is likely to peak shortly, leading to ongoing recessions and depressions. Because the Oil Industry underestimated the “Realistic” decline rate of the world’s oil fields, it will make a BAD situation… WORSE…
While the Top Gold Miners’ Cost reached a new high last year, 2022 will be a doozy for the industry as energy prices and materials have skyrocketed. The days of producing gold for $750-$1,250 an ounce are gone for good. I am talking about the “Total Costs,” not the All-In Sustaining Cost…
After more than a half-year of skyrocketing natural gas prices in Europe, it has finally made its way into the heartland of America. While Europeans were struggling with paying four times more for natural gas, U.S. Citizens were enjoying the lowest prices in the world. But, that has all changed now…
Tech stocks are now in Big trouble, so be prepared for more downside ahead. Why? There are now too many negative forces coming against the tech industry. Not only do we have massive “Energy Cost-Push Inflation, but” also add the ongoing disruptions to the Global Supply chain and blowback…
While the Mainstream media reports positive news about Europe and the West’s transition away from Russian energy, there continue to be breakdowns in the Global Energy Market, hidden away from the public. I call this the Global Energy Denial Phase, which will only get worse…