SRSrocco Report News Feed

rss

 

SRSrocco Report

This was my interview with Tom at Palisades Radio, during which I shared my Bitcoin Mining Ponzi Scheme presentation.  I highly recommend it if you haven't yet watched it.  The Bitcoin Mining Industry is using the shareholder as a piggy bank to fund the Bitcoin Red Queen Syndrome...
Author: SRSrocco
Posted: May 19, 2024, 3:49 pm
In just one day, not only did Silver BREAKOUT above $30, but it also sliced through $31, closing below $32 for the day.  The only way to describe this huge move is a massive short covering rally.  Why?  Market participants were likely caught on the wrong side of the move due to large silver bullion hedging and not believing the rally...
Author: SRSrocco
Posted: May 17, 2024, 11:07 pm
While the gold price reached new highs, the costs continued to increase for the gold mining industry. In this update, I added some of the mid-cap gold mining companies, and which one I believe is the Big Winner vs the Big Loser...
Author: SRSrocco
Posted: May 16, 2024, 9:40 pm
FINALLY... the silver price closed above $29 for the first time in a decade and is now trading at $30.  But what does the Bearish copper chart say about what's next for silver??  While silver closed near the highs today, the copper price fell nearly 4% from its intraday highs...
Author: SRSrocco
Posted: May 15, 2024, 11:12 pm
The silver price continued to rally after the release, showing an increase in the Producer Price Index this morning.  Silver initially sold off but then turned around and surged toward $29 before correcting and then closing near the day's highs.  So, what's next for the silver price..
Author: SRSrocco
Posted: May 14, 2024, 11:38 pm
The Bitcoin Mining Industry is really a "Shareholder-funded Ponzi Scheme" that is underreporting the true cost of producing Bitcoin.  Unfortunately, Bitcoin investors have no idea of the Bitcoin Mining Industry's unsustainable nature, which I explain in this Video Report...
Author: SRSrocco
Posted: May 13, 2024, 10:22 pm
I can honestly say you are in for a treat today with my newest Video Report on the Great Oil Shale Nothing Burger.  According to Tom Luongo, there seems to be a new "Massive" oil discovery in the western United States.  This is supposed to double the world's oil reserves—OR IS IT...
Author: SRSrocco
Posted: May 10, 2024, 9:40 pm
The notion that huge Chinese gold demand is driving the price may have some merit after all.  According to GoldChartsRus.com, there was a massive $1 billion worth of gold moved into one of the Chinese Gold ETFs just yesterday. Here is the most recent Gold Depositories update as of May...
Author: SRSrocco
Posted: May 8, 2024, 9:58 pm
After the Silver price broke out above the Daily Falling Wedge today, what's next? That's a good question.  That's why I wanted to provide a quick update on what the technical charts show for Silver in the short term.  Interestingly, the charts show both a Bullish & Bearish short-term setup...
Author: SRSrocco
Posted: May 6, 2024, 10:23 pm
If you are a Central bank, you are buying Gold, not Bitcoin.  Central banks have purchased a record amount of Gold over the past two years, and this trend continues in 2024.  Central banks rely upon the stable, less volatile 2,500-year history of the king monetary metal over the highly speculative Bitcoin...
Author: SRSrocco
Posted: May 5, 2024, 10:46 pm
You would be surprised how much we can learn from U.S. shale gas fields that peaked years ago.  By taking this information and correlating it to the total U.S. Shale Gas Supply, we can provide a pretty good estimate of when peak production will occur...
Author: SRSrocco
Posted: May 4, 2024, 12:05 am
Costs continue to increase at the world's two largest gold mining companies.  Newmont and Barrick both reported higher costs for the first quarter of 2024.  Also, what is the "Real" reason for the underperformance of gold mining stocks versus gold prices...
Author: SRSrocco
Posted: May 2, 2024, 1:05 am

Leave a Reply

Your email address will not be published. Required fields are marked *