Wealth Creation Through Natural Resources
Last week was a brutal start to the year for equity markets with the S&P 500 falling nearly 6% and the small-cap Russell 2000 shedding nearly 8% in a single week. The longer term structural damage inflicted by last week’s … Continued
This afternoon’s Commitments of Traders report released by the CFTC was surprising in that we learned that small speculators actually increased net short length during the week ending January 5th and large speculators did not significantly increase net length (which … Continued
NexGen Energy (NXE.V) is on the verge of a major breakout from a 6-month bullish flag chart pattern: NXE (Weekly) A breakout above .80 would trigger a measured move target of ~$1.10. The pullback during October/November of last year … Continued
VANCOUVER , Jan. 7, 2016 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company“)(TSXV:NXE, OTCQX:NXGEF) is pleased to announce the winter 2016 drill program has now commenced at the 100% owned, Rook I Property, Athabasca Basin, Saskatchewan . In addition, … Continued
$1.4 trillion in market cap has been erased from global mining equities in the last 5 years: Global equity indices are flashing a relatively rare oversold buy signal: Full-time employee has finally fully recovered from the financial crisis: … Continued
The current commodities bear market is nothing short of the worst 10-year decline since the Great Depression: And the losses only got worse this morning when WTI Crude Oil futures were down more than 5% printing a low of … Continued
Positive news from Kaminak Gold this afternoon as the company released its eagerly awaited feasibility study for its flagship Coffee Gold Project in the Yukon. This is the crux of the report: “At a gold price of US$1,150/oz and an … Continued
Last night we pointed out the crucial moment that is at hand for gold and highlighted the importance of gold achieving a breakout above resistance within a couple of days. Within less than 24 hours gold delivered: GLD (Daily) … Continued
Jericho Oil Completes $6.929 Million Financing and Closes Central Oklahoma Acquisitions VANCOUVER, BC and TULSA, OK, Jan. 5, 2016 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO, OTC: JROOF), announces that it has closed its non-brokered private placement (the “Offering”) … Continued
Gold begins the year rallying up to test an area of important support/resistance near $1080-$1090 as Saudi/Iran tensions run hot: Gold (Daily) The factors supporting additional upside in gold are numerous: Saudi/Iran and overall Middle East tensions mounting North … Continued