U.S. OIL MAJORS DOMESTIC PROFITS HIT HARD Q4 2023: Exxon & Chevron Reported Dismal Financial Results In Their U.S. Upstream Sector

ExxonMobil & Chevron posted dismal financial results in its U.S. Oil & Gas Sector for Q4 2023.  While this was mainly due to impairment write-downs, the problem remains as shale economics continue to severely underperform the production from the international sector…

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MASSIVE ROLLING OVER OF U.S. TREASURIES: And Why Did The M2 Money Supply Contract?

It is truly amazing the amount of U.S. Treasuries that were “Retired & Reissued” last year.  It’s even worse when we compare it to the annual amount before the 2008 Global Financial Crisis.  Also, why did the U.S. M2 Money Supply contract since 2022… Fed QT?  Nope…

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U.S. Mint Ramping Up Silver Eagle Sales As Gold Eagle & Other Official Coins Remain Weak

The U.S. Mint has sold nearly 5 million Silver Eagles in the first three weeks of the year compared to only 87,500 oz of Gold Eagles.  This is a Big trend change compared to the previous three years, as the Silver-to-Gold Eagle buying ratio has more than doubled…

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