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The Great U.S. Shale Industry Machine is finally running out of steam.  What looked very promising for the shale industry in 2018 seems incredibly bleak this year.  And, if the situation doesn’t turn around quickly for the shale industry, 2019 might turn out to be the year that production ultimately peaks in the United States....
Author: SRSrocco
Posted: November 13, 2019, 5:15 pm
With the Fed propping up the entire market and extreme greed driving the stock indexes to new highs, investors have lost interest in the precious metals, for the moment.  However, I am not surprised.  What is taking place in the overall markets is precisely what I forecasted back in September. After gold and silver broke...
Author: SRSrocco
Posted: November 8, 2019, 7:21 pm
There’s trouble brewing in the U.S. largest oil company while most investors remain in the dark.  ExxonMobil added a record number of wells in the Permian during the first three quarters of 2019, only to see the company’s oil production plateau.  What a difference in a year when Exxon bragged that its Q4 2018 Permian...
Author: SRSrocco
Posted: November 5, 2019, 7:44 pm
Three of the largest silver producers in the world saw their combined mine supply continue to weaken in the first seven months of 2019.  While Mexico and Chile experienced declines in their silver production, Peru was by far the biggest loser.  Peru, which is the second-largest silver producer in the world, suffered an 11% decline...
Author: SRSrocco
Posted: October 23, 2019, 4:30 pm
While the silver price is trading at another important short-term technical level, the underlying fundamentals continue to improve.  Since silver peaked at $19.75 at the beginning of September, it has been correcting lower to key support levels.  As I mentioned in my last update, the silver price would like correct back down to a key...
Author: SRSrocco
Posted: October 15, 2019, 3:05 pm
The rate at which black swans are showing up in the world should scare the hell out of people.  But, unfortunately, everyone seems to be lost in the highly complex technology of I-phones, computers, social media, and the telly to notice that something is definitely wrong.  The current situation reminds me of a famous scene...
Author: SRSrocco
Posted: October 9, 2019, 6:14 pm
As dark clouds gather on the financial horizon, big trouble is brewing in the U.S. Shale Oil Industry.  While most Americans are focused on the Mainstream media’s coverage of the ongoing Washington D.C. circus, the real threat to the domestic economy lies in the country’s oil heartland.  And, if we look at what is taking...
Author: SRSrocco
Posted: October 4, 2019, 4:58 pm
Global silver supply is heavily dependent on one factor that is overlooked by the majority of precious metals analysts.  For some odd reason, analysts only consider the cost of this factor and not the future supply.  Without this supply, 98% of the silver production from these two primary silver mines would not have been possible....
Author: SRSrocco
Posted: September 27, 2019, 10:23 pm
The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes.  What’s interesting is that the Reserve Banks estimated the number of notes they were going to remove from circulation and destroy accounted for 75% of the U.S. Treasury 2018 print order. However,...
Author: SRSrocco
Posted: September 25, 2019, 10:24 pm
Since my last video update, the silver price has consolidated to a lower level.  While I wasn’t surprised to see silver continue to correct, I do believe its only temporary before it begins a new leg higher.  And, if we look at the COT Report for silver, there are some positive signs going forward. But,...
Author: SRSrocco
Posted: September 22, 2019, 7:56 pm
It didn’t take long for high-flying ROKU to nose-dive after it skyrocketing more than 500% over the past eight months.  ROKU, a streaming equipment provider, saw its stock price plunge 20% today after fears of increased competition from Comcast and Facebook.  The deathblow to ROKU began on Wednesday as it’s stock price fell 13% when...
Author: SRSrocco
Posted: September 20, 2019, 11:56 pm
In the past five months, Mexico’s second-largest silver mine was shut down, reopened and the recently shut down once again.  Due to a new blockade at Newmont-Goldcorp’s Penasquito Mine, stemming from issues with a local trucking contractor, the company has temporarily ceased operations. Unfortunately for Newmont-Goldcorp, 2019 was supposed to be a banner year for...
Author: SRSrocco
Posted: September 18, 2019, 4:49 pm

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