Massive Solar Storage Project Planned For Nevada Desert

Massive Solar Storage Project Planned For Nevada Desert

NV Energy Inc., the Nevada utility owned by Warren Buffett’s Berkshire Hathaway Inc., agreed to buy power from three massive solar farms equipped with big batteries in the Nevada desert.
June 25, 2019 0 Comments
Gold & Silver Prove Once Again, They Go Up When Most Everything Goes Down

Gold & Silver Prove Once Again, They Go Up When Most Everything Goes Down

Thus, the notion that the precious metals will crash with the markets continues to be proven wrong.  And what an ugly day it was as the Dow Jones fell 450 points at its low, while the Dollar, oil, and shale stocks were clobbered.
May 24, 2019 0 Comments
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

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