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r0ach
Sounds like you have been reading srsroccoreport.com.
Steve writes about precious metals and energy, and is convinced that the easy (high EROI) energy, especially oil, has been found. And that things will start getting bad soon. Offering intelligent commentary on his work is beyond my competence other than he offers up plausible explanations. He does write that precious metals are a place to hide.
I dove into this stuff what was it, like 10 years ago when the term peak oil popped up everywhere? It is not just the SRSROCCO guy talking about it. Russian govt energy analysts + many others have been talking about it forever. The SRSRocco guy doesn't even talk about the natural gas market, but there it is for you to see happening there too. So it's all just a continuation of the "peak oil" story except where people used to think it would be some type of immediate disappearance in supply, it's evolving in much more complex ways.
Yes, of course. When the term "Peak Oil" became a meme -- about the time Simmons made "Hubbard's Peak" famous -- I began following the issue.
Ah, so far there is no really good evidence that the peak is here yet, but the experience with shale oil and shale gas (low EROI) should offer food for thought given time. Of course oil industry observers have been saying that the easy oil has already been found... For the past 100 years...