Gold Surges $11 In Early Trading, Silver 17¢

Gold Surges $11 In Early Trading, Silver 17¢

First and foremost is President Trump’s statement late last week that he thought the Fed should lower rates and launch a new quantitative easing program. Second, Reuters reports that Saudi Arabia is threatening to “ditch” the dollar if Congress goes through with its proposed NOPEC legislation.
April 8, 2019 0 Comments
The Bakken Hit A New Record In 2018, But It’s A Bad Sign For The Industry

The Bakken Hit A New Record In 2018, But It’s A Bad Sign For The Industry

The insanity continues in the United States second largest shale oil field as the fundamental economics go from bad to worse. While it is true that the shale industry doesn’t look as dire as it did back in 2016 when oil prices fell off a cliff, I can assure you the worst is yet to come. Unfortunately, the market is blind to the biggest Ponzi Scheme in history, because...
March 5, 2019 0 Comments

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