If things couldn’t get any worse for struggling Americans this year, electricity prices reached a new all-time high in September. Residential electricity prices surged 20% since the beginning of the year, and will likely continue to increase significantly in the coming years. And… to make matters even worse, adding more…
While the rest of the world is cutting back on coal production and shutting down coal-fired power plants, China is going full-steam ahead, doing quite the opposite. The increase in China’s coal production in 2022 will be nearly three times more than the largest European producers in a year. If…
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 world is totally unprepared for the implications of the Energy Cliff on the global economy, financial system, and most asset values. I spoke with Dave at Goldcore TV about the “Real Causes” of the global energy crisis. While many believe this energy crisis is “temporary,” it’s not… it’s permanent….
I believe we are in the beginning stages of a Major Battle in the Silver Market. As Institutions, Hedge Funds, the Rich, and Retail Investors move into silver to protect wealth, the control over getting access to metal will lead to much higher prices. My analysis shows that the massive…
With the silver market price now lower than most primary silver miners’ production costs, this low level may not last long. This is especially true when we factor in the surging silver lease rates, suggesting a real tightness and shortage of metal for traders in the market. Chris Waltzek of…
With the world consuming five times more oil than it is discovering, Peak Oil and Peak Gold have finally arrived. However, the world hasn’t figured this out yet, but it will. And, when it does, we will see much higher prices for precious metals in the future. Why? Peak oil…
