SRSrocco

Articles by SRSrocco

The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt.  The glory days of the highly profitable global oil companies have come to an end....
Precious metals investors need to understand the coming silver price surge will not occur due to the typical supply and demand forces.  While Mainstream analysts continue to generate silver price forecasts based on supply and demand...
For the U.S. Retirement Market Ponzi Scheme to continue, there must be a new group of suckers to pay for the individuals who are receiving benefits.  Without a new flow of funds, the Ponzi Scheme comes crashing down.  Such was...
The low oil price is negatively impacting another OPEC oil exporter as it continues to liquidate its foreign exchange reserves.  Algeria, like Saudi Arabia, has seen its international reserves plummet by more than 40% as the oil price...
Recently, there was a debate in the Mexican Congress on the proposal to monetize the Silver Libertad Coin.  The debate took place during a forum for “The Promotion of Savings for Mexicans.”  If Mexico decided to monetize its...
The US Government’s massive one-day debt increase had a profound impact on the amount of money it will have to fork over just to service its interest payment.  On Friday, Sept 9th, the U.S. Treasury increased the total debt by a...
It’s about time that I share with you all a little secret.  The situation in the markets is much worse than you realize.  While that may sound like someone who has been crying “wolf” for the past several years, in all honesty,...
While interest and sentiment in the precious metals have been depressed compared to the preceding month, this all changed during the past few days.  This trend change is particularly the case for silver.  Even though Silver Eagle...
The Death of the U.S. Dollar as the world’s reserve currency will have a profoundly negative impact on the lives of most Americans.  Unfortunately, 99% of the population has no clue.  The only reason 1% of U.S. citizens...
The US Shale Oil Industry is in serious trouble as its debt spirals higher due to its massive production decline rates.  While the Mainstream media continues to put out hype that the shale oil industry can produce oil at $30 or $40 a...

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During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.