Opinion: Charts suggest there could be a bull market in gold after eight lean years

Opinion: Charts suggest there could be a bull market in gold after eight lean years

Another way to think about the setup is risk and reward. If the pattern plays out, risk can be defined as $1,230/$1,250 and upside reward to $1,520, or about 3% downside and 19% upside from current levels.
May 22, 2019 0 Comments
SEA OF RED: Majority Of U.S. Shale Companies Took A Beating Q1 2019

SEA OF RED: Majority Of U.S. Shale Companies Took A Beating Q1 2019

The overwhelming majority of U.S. shale companies were hit hard due to lower oil prices in the first quarter of the year.  Just about every shale company that I keep track of suffered negative free cash flows in Q1 2019.  This was quite a surprise as Rystad Energy claimed that the breakeven price for U.S. tight oil (shale oil) was the second lowest in the world at...
May 21, 2019 0 Comments
Top Primary Miners Now Paying The Market $2 To Take Their Silver??

Top Primary Miners Now Paying The Market $2 To Take Their Silver??

According to my calculations, the top primary silver miners in my group estimated average breakeven for Q1 2019 was $16.54.  With the current silver market price (close of Friday) of $14.38, the group as a whole is now losing $2 an ounce to produce and sell silver:
May 20, 2019 0 Comments
THE END OF THE OIL GIANTS: And What It Means

THE END OF THE OIL GIANTS: And What It Means

Our aim is to achieve a rapid turn towards a 100% Solar Sustainable World, in less than 20 years, at lower cost than anything else, by shifting from the current 88% wastage to over 80% productive uses of primary energy
May 16, 2019 0 Comments

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