Gatos Reports Record Quarterly Production for the Third Quarter of 2022,

Increases Production Guidance and Lowers Cost Guidance for 2022.

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Sourced from MarketWatch

This week was a great example of Dollar down/stocks-up on Monday and Tuesday with Thursday and Friday being Dollar-up/stocks down. Cannot show the correlation any clearer. Continue reading →

• Oil & Gas provides 97% of the energy used by the Transportation Industry
• Transportation Industry uses 16% of the applications created from Oil & Gas

Putting those two headline facts together, tells me we are not going to stop using oil and gas any time soon. Supply constraints from USA regulations, a war that is sucking energy and limiting global supply, combined with last week’s OPEC reducing production because the USA foreign policy blunder in favoring Iran over Saudi Arabia, tells me oil and gas pricing is cheap at its current level. Industrial production curtailments of steel, aluminum smelters, and Petrochemical (BASF) production curtailments in Germany is creating more bottlenecks and shortages. Continue reading →

This week we shared an interview with Jeff Currie, director of Commodities at Goldman Sachs. He is certainly talking his book when saying the trend for the foreseeable future is owning commodities. We happen to agree with him regardless. His supporting evidence includes:

• A decade of under investment in mining and fossil based energy development.
• Environmental, social, Government (ESG) and media pressure to restrict development of mining and drilling (holding back supply).
• Government legislated demand for mined and drilled physical products.
• It takes years and sometimes decades to bring on new supplies of physical assets.
• This bottleneck of restricted supply and legislated demand, creates a bottle neck that will not soon be resolved.

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Dr. Copper is acting like she wants to rally…… maybe it will rally or maybe not, but it is a good signal that copper did not go to a new low from its July bottom.

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Vizsla is just above a strong support line at $1.00. Vizsla has discovered enough silver that at a market cap of $252 million, Vizsla could arguably be worth more dead than alive. No, they are not in any trouble. They will raise money in the next year, but they are healthy. Capex to build a processing mill and building Continue reading →

One-year price chart:

Gatos Silver (GATO)* $2.33 is a producing and continued development of the Cerro Los Gatos Mine and the Los Gatos District. These projects are located in one of the world’s premier silver mining regions, the Mexico Silver Belt. Continue reading →

• British pound falls to all-time low against dollar after taxes slashed

Washington Post, September 26, 2022

• US Treasury Says It Understands Japan’s Yen-Intervention Move

Bloomberg September 22, 2022.

• “Super-Strong US Dollar Is De-Stabilizing All Other Fiat Currencies – When Will It End? | Gordon Long” YouTube 48 minute video. Wealthion Sept 27, 2022, release date.

Currency problems and Global financial system problems will create a “cause and effect” reaction to the Federal Reserve’s raising interest rates (cause) and then pausing (effect) its hiking of interest rates. Rapid increases (3/4% multiple times in a row) are very traumatic for countries who hold dollar denominated debt or treasuries. Dollar and interest rates up/US Treasuries down. Cost to repay US Dollar denominated Continue reading →