Severe Drought Forcing the Extraordinary Slaughter of Cattle
The July 2022 Cattle and Livestock Slaughter reports confirm that drought over the last two years has quickened the liquidation of beef cattle across the western and southern plains in the United States. In June 2021, I published “A Drought Tipping Point and...
Gold and Silver Outlook for Summer 2022 – Technical Analysis Part 2
Today’s analyses will provide more insight on silver than gold, but a technical analysis with charts for each are included. If you have not already done so, read the full commentary in “Gold and Silver Outlook for Summer 2022” Part 1 (Twitter thread), published on May...
$300 Trillion Global Debt, Raging Inflation, and War as the Dollar Spikes
The dollar (USD) continued its scorching rally and printed a 20-year high today following the release of a 9.1% YoY inflation surge and lifting near-term expectations that the Federal Reserve will pursue a hawkish monetary policy stance this month. Markets are pricing...
King Coal’s Rally and Common Sense in Energy Policy
The U.S. benchmark coal index has rallied a stunning 755% after an $18.50 low in the fall of 2020, printing a $140 high during the first week of June 2022. The majority of that gain is attributed to the “Accumulation Phase in the Commodity Bull Market” analyses that I...