America's Energy Future is Blazing Bright for 2 Reasons: Boosting US Oil by 3 Million Barrels Per Day. How Silver is Leading the Charge
Also, Gold Fuels Trump's Power Play: Treasury, Fed Align
Scott Bessent, President-elect Donald Trump's nominee for U.S. Treasury Secretary, is a prominent figure in the financial sector with extensive experience in macro-focused hedge fund management.
As the founder and leader of Key Square Group, Bessent has established a reputation for his macroeconomic expertise, having previously worked with notable investors such as Stanley Druckenmiller and George Soros.
Bessent's economic vision for the United States is encapsulated in his "3-3-3" rule, which outlines three primary objectives:
Reduce the budget deficit to 3% of GDP by 2028
Increase GDP growth to 3%
Boost domestic oil production by 3 million barrels per day
Bessent argues that globalization has exacerbated wealth inequality in the United States, with the top 50% of Americans experiencing significant gains in net assets while the bottom 50% struggles with debt burdens.
To address this disparity, he advocates for achieving 3% GDP growth through deregulation and more inclusive economic expansion.
Notably, Bessent contends that these growth targets can be achieved without exceeding a 3% budget deficit. He proposes rationalizing U.S. budget expenditures to simultaneously reduce deficits and stimulate economic growth.
Furthermore, Bessent emphasizes enhancing U.S. energy independence by significantly increasing daily oil production.
3 Million to 4 Million Barrels Per day is in Play
Boosting U.S. oil production by 3 million barrels per day is plausible achievement, surpassing current record levels.
Reaching 4 million barrels per day with increased investment is attainable, solidifying America's position as the world's leading oil producer.
This surge would significantly impact energy security, economic growth, and global oil markets
Most People Don’t Know this because they Listen to the Wrong Channels: But the United States is already the world's largest crude oil producer and has held this position for several years.
The U.S. set a new record in August 2024, producing an average of 13.4 million barrels per day (b/d) of crude oil.
For the full year of 2024, the U.S. Energy Information Administration forecasts an average production of 13.2 million b/d, surpassing the previous annual record of 12.9 million b/d set in 2023.
Regarding natural gas, the U.S. indeed has significant reserves in various formations. The Marcellus play alone produces about 13 billion cubic feet of natural gas per day.
The Permian Basin has seen an eight-fold increase in natural gas production from 2014 to 2024.
While the U.S. has substantial energy resources, including coal and natural gas, the claim that it has "more untapped energy than any other country by far" cannot be verified from the provided search results. However, the U.S. does have diverse energy sources and technologies, including coal gasification, coal power plants, natural gas-powered vehicles, and natural gas power plants, which contribute to its energy production capabilities.
As many of you know, I spent my early adulthood working in clay mining deposits along the Interstate 25 Corridor.
This extensive region stretches from as far south as the Mt. Cristo Rey deposits near Juarez and El Paso, through Albuquerque and Santa Fe, up to the deposits around Pueblo and Golden, Colorado, and into Wyoming.
The energy resources in New Mexico, Colorado, and Wyoming alone are so vast that they would rank near the top 10 globally, and this doesn't even account for the enormous contributions from states like Texas, Oklahoma, Pennsylvania, Alaska, Louisiana and North Dakota.
The I-25 Corridor serves as a crucial north-south commercial route, connecting major population centers and facilitating interstate travel between New Mexico, Colorado, Wyoming, and Montana.
This region not only boasts significant mineral deposits but also plays a vital role in the nation's energy infrastructure, supporting economic growth and national defense industries.
Energy Potential
The energy potential along this corridor is immense, encompassing various resources:
Oil and Natural Gas: The Permian Basin, partially located in New Mexico, has seen an eight-fold increase in natural gas production from 2014 to 2024
Coal: Colorado and Wyoming are major coal producers, with potential for coal gasification and power generation.
Renewable Energy: The region has substantial potential for solar and wind energy development
This diverse energy portfolio positions the I-25 Corridor as a critical component of the United States' energy strategy, underlining its importance in the nation's pursuit of energy independence and economic growth.
Silver in one word is ENERGY
Silver is energy because of its remarkable properties that make it indispensable in various energy-related applications. Its unparalleled electrical conductivity makes it ideal for wires, ensuring efficient power transmission
In solar panels, silver's high reflectivity enhances energy capture.
Its malleability and thermal properties are crucial for engine components, particularly in high-temperature environments like jet engines.
Silver's ductility is valuable in aerospace applications, while its anti-corrosion properties benefit silver-zinc batteries.
These diverse attributes position silver as a critical metal in the clean energy transition, powering everything from solar cells to advanced engine technologies
Silver-aluminum batteries are less common but offer high energy density. Silver-zinc batteries provide excellent power-to-weight ratios and are used in aerospace and military applications.
Silver solid-state batteries, like Samsung's recent innovation, promise groundbreaking performance for electric vehicles, with extended range, rapid charging, and improved safety.
These batteries utilize a silver-carbon composite anode, potentially requiring up to 1 kg of silver per vehicle, which could significantly impact silver demand in the future.
History teaches us good things come in threes:
The concept of "good things come in threes" finds resonance in various domains, including philosophy, history, and theology. The Hegelian dialectic, often misattributed to Hegel himself, presents a triadic structure of thesis, antithesis, and synthesis.
This framework suggests that historical progress occurs through the resolution of contradictions, where an initial idea (thesis) is challenged by its opposite (antithesis), leading to a higher truth (synthesis).
This pattern mirrors problem-solving approaches and treatment plans in fields like psychology. Theologically, the concept of the Holy Trinity (Father, Son, and Holy Spirit) also embodies this triadic structure, reflecting the divine nature in three persons.
These triadic patterns underscore the pervasive idea that completeness and resolution often come in threes.
The First Triumvirate of ancient Rome
The First Triumvirate of ancient Rome, formed in 60 BCE, consisted of Julius Caesar, Pompey the Great, and Marcus Licinius Crassus.
While not officially recognized, this alliance aimed to bypass senatorial opposition and push through legislation beneficial to their interests and the Roman state.
Their collaboration initially brought stability and reforms to the Roman Republic.
A Golden Triumvirate. Gold’s New Age.
Three Cheers for Gold & Three Lovers of Gold
Fed Chair Judy Shelton, US Treasury Scott Bessent & President Donald Trump
Throughout history, triumvirates have occasionally transformed nations positively. The idea of a modern triumvirate comprising Judy Shelton at the Federal Reserve, Scott Bessent at the U.S. Treasury, and Donald Trump as President suggests a potential restoration of the U.S. dollar's purchasing power. Judy Shelton advocates for a return to the gold standard, which she believes can stabilize the economy by linking the dollar to gold, thus avoiding hyperinflation caused by excessive printing of fiat currency.
This approach contrasts with current monetary policies that rely heavily on fiat currency. An example of Trump's interest in gold-backed transactions is when he accepted gold bars as a security deposit for a lease in 2011, reflecting his concerns about the dollar's value.
This proposed alignment could potentially steer U.S. monetary policy towards more stable and sound economic practices.
If We Only Had a Brain … and used Gold and Silver as Money
The literary brilliance of Baum's characters extends beyond their historical symbolism. The Scarecrow's quest for a brain represents the pursuit of knowledge and wisdom. The Tin Man's desire for a heart symbolizes the need for compassion and emotional intelligence. The Cowardly Lion's search for courage embodies the struggle to overcome fear and self-doubt.
This trio mirrors the Three Wise Men of biblical lore, each bringing a unique gift: wisdom (brain), love (heart), and strength (courage). Together, they form a complete representation of human virtues, echoing the theological concept of the Trinity in their unified quest for self-improvement
Judy Shelton proposed a 50-year gold-convertible Treasury bond initiated by President Trump on July 4, 2026
Invest in Our Future Energy, This Will Make Everyone Great Again
Silver Academy Newsletter is Powered by SilverNation under the Pixy LLC
My name is Jon Forrest Little and I endorse only 5 Silver miners that are pure silver mines or discoveries (not silver as by product mines)
I have selected our picks based on the strength of:
Their balance sheets
Their Ore grades
Their Metallurgy
Their Management talent
Their Jurisdiction.
and most importantly their volume of ounces in the ground
SilverNation
Silver Academy’s top 5 picks
Andean Precious Metals: TSXV: APM, OTCQX: ANPMF
The company operates the largest commercial silver oxide processing plant in Bolivia's Cerro Rico region - the San Bartolomé facility. This strategic asset has produced over 65 million ounces of silver equivalents since 2009, demonstrating Andean's significant production capabilities.
Their robust balance sheet provides the company with financial flexibility and stability in a volatile industry.
The company follows a two-pronged growth strategy, focusing on organic growth in Bolivia and expansion through mergers and acquisitions in the wider Americas. This approach positions Andean for sustainable long-term growth and diversification.
Andean has successfully extended the life of the San Bartolomé mine from eight months to potentially 10 years or more, showcasing the company's operational expertise and ability to maximize asset value.
The company is committed to sustainable mining practices and community engagement, contributing approximately $75 million annually to the local economy through wages, royalties, and taxes. This dedication to social responsibility strengthens Andean's social license to operate.
By acquiring Golden Queen Mining Company (USA), Andean Precious Metals has taken a significant step towards achieving its vision of becoming a multi-jurisdictional mid-tier producer in the Americas, while positioning itself for sustainable long-term growth
Aya Gold & Silver: TSX: AYA, OTCQX: AYASF
Aya Gold & Silver Inc. is a leading silver producer, uniquely positioned as the only pure silver mining company listed on the TSX, with a strong operational base in Morocco. The company has recently reported record revenues of $13.7 million in Q2 2024, reflecting a remarkable 42% increase from the previous year, showcasing its robust growth trajectory and commitment to maximizing shareholder value. With ongoing expansions at the high-grade Zgounder Silver Mine, Aya is set to increase its processing capacity to 2,700 tonnes per day in 2024, further solidifying its market presence. Additionally, Aya's strategic exploration efforts have led to significant mineral resource estimates, including a recent discovery at the Boumadine project, which highlights the company's potential for future growth and profitability. Committed to sustainability, Aya Gold & Silver integrates responsible mining practices into its operations, ensuring long-term value creation for its stakeholders
Dolly Varden Silver: TSXV: DV, OTCQX: DOLLF
Dolly Varden Silver Corporation is a leading mineral exploration company making significant strides in the heart of British Columbia's Golden Triangle, focusing on its 100% held Kitsault Valley Project. This project boasts an impressive resource estimate of 64 million ounces of silver and 1 million ounces of gold, positioning Dolly Varden as a key player in the precious metals sector. The company is committed to sustainable mining practices while leveraging its rich history, including the past-producing Dolly Varden and Torbrit silver mines, to unlock further potential in the region. With a strong management team and recent discoveries enhancing its growth prospects, Dolly Varden Silver is poised for a bright future in the booming silver market. Investors can look forward to exciting developments as Dolly Varden continues to advance its projects and expand its resource base.
Outcrop Silver: TSXV: OCG, OTCQX: OCGSF
Outcrop Silver is advancing its flagship Santa Ana project in Colombia, one of the highest-grade primary silver deposits globally. The maiden resource estimate defines 24.2 million ounces of indicated silver equivalent at a grade of 614 grams per tonne and 13.5 million ounces of inferred silver equivalent at 435 grams per tonne. Recent metallurgical testing has yielded outstanding recoveries of 96.3% for silver and 98.5% for gold through a combination of gravimetric and flotation methods, significantly enhancing the project's economic potential.
With two active drill rigs, 2024 is a pivotal year for Outcrop Silver as the team explores new high-priority targets along the 17-kilometre permitted corridor, part of the project's extensive 30-kilometre strike mineralized trend. Looking ahead to 2025, Outcrop Silver remains focused on substantial resource growth and unlocking the full potential of this silver-rich region. The company’s success is underpinned by both impressive drilling results and strong community relationships, which are key to driving sustainable growth.
Outcrop Silver is uniquely positioned to capitalize on silver market dynamics, reinforced by Eric Sprott's increased investment to 19%, a clear vote of confidence in the project's potential and strategic direction.
Kuya Silver: CSE: KUYA, OTCQB: KUYAF
Kuya Silver is at the forefront of silver mining with its dual-track strategy, actively mining the high potential Bethania Silver Mine in Peru and developing the historic Silver Kings Project in Ontario. With robust mining and exploration programs underway, Kuya is poised to unlock significant value from its assets. Kuya Silver's experienced management team, led by industry veterans, is dedicated to maximizing shareholder value through strategic growth and operational excellence. As the demand for silver continues to rise, Kuya Silver stands ready to capitalize on emerging opportunities in the market.
