SRSrocco Report News Feed

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...

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...

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...

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...

It looks like trouble might be brewing in the U.S. Wind Power Industry.  For the first time in 20 years, U.S. wind power generation declined in 2023, even though more than 6 Gigawatts of new capacity was added. SUBSCRIBER UPDATE:  I will be heading back to the home office on...

Indian silver imports surged so high during the first quarter of the year that it represented 75% of total U.S. silver imports in 2023.  That's a lot of silver, considering the United States is one of the largest importers of metal...

While the Bitcoin price is at all-time highs, the mining industry is now facing the Red Queen Syndrome.  The only reason the Bitcoin Mining Industry has survived this long is due to the massive share dilution by the major public companies...

When the situation looked grim for the silver price during early Friday trading, it turned around and closed near the day's highs.  This may have changed the dynamics, allowing the silver price to move even higher this week...

Are the gold and silver prices topping, or will they continue even higher?  This is precisely what precious metals investors want to know, as a mystery buyer of gold seems to be pushing it up to new all-time highs...

While the Consumer Price Index is much lower than the peak of 9.1% in June 2022, Food Prices are still relatively high and don't look to be coming down any time soon.  Some suggest this is due to grocery stores overcharging their customers...

According to the EIA, U.S. oil production plunged in January, supposedly due to a Big Freeze.  However, some sources believe the significant drop in production was due to other factors purposely overlooked by the U.S. Energy Information Agency...

With the silver price hitting a 2-year high, there continues to be very strong investment demand through European Silver ETFs.  There looks to be another large inflow of silver into the European SSLN Silver ETF...