The major difference between Gold and Bitcoin is the way these assets are mined, produced, and stored. Thus, the way Gold and bitcoin are mined and stored affects their future value. Very few Bitcoin investors understand these important dynamics. While the debate will continue on which one will be the…
The cost to produce silver by the leading primary mining companies hit a new record high in Q2 2024. Even the second largest silver producer in the world, Copper Miner, KGHM Polska Miedz, reported a dismal 6% profit margin. Without the nearly $600 million in silver revenues, a by-product of…
I sat down with Gary at Metals & Miners to discuss the Energy Cliff’s implications for the precious metals market and prices. Unfortunately, the market is totally unprepared for the massive Cost-Push Inflation that will occur as the global economy suffers from energy constraints in the years ahead. Gary started…
The situation couldn’t get more bizarre at Nvidia when it released its results last week. While the company reported record Q4 2023 earnings, there are some troubling signs behind the revenues that provided the profits. This is only part of a series of very strange financial chip purchases with Nvidia….
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. For example,…
What’s the Future of Global Energy?? I sat down with Jesse Day for the Vancouver Resource Investment Conference and discussed energy with Brian Gitt. While Brian believes the world has a tremendous amount of oil reserves remaining, I believe this is vastly overstated. Even though Brian and I disagree about…
It was great chatting with Jesse from Commodity Culture on why the Energy Cliff will be BAD NEWS for financial assets. Unfortunately, the market doesn’t understand this as they continue to purchase a record amount of U.S. Treasuries and global bonds of all flavors. According to SIFMA Research, the Global…
