Wealth Creation Through Natural Resources
This chart from RBC Capital Markets Research shows that non-precious metal mining shares are almost as cheap as they were at the depths of the 2008 Global Financial Crisis market crash: According to RBC non-precious metal mining shares are … Continued
Futures speculators have spent the last few months amassing a more than $50 billion net notional short position in Treasury futures: This massive short position is even more significant given that the 10-year yield is nearing the apex of a … Continued
There have been a couple of notable developments in commodity related charts in the last couple of days: AA (Daily) Alcoa (AA) has formed a head & shoulders bottom during the last couple of months. The neckline of this … Continued
The backdrop for U.S. housing is a mixed one. On one hand mortgage rates remain historically low and show no signs of rising anytime soon, and on the other hand existing home sales have begun to drop off recently and … Continued
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec 22, 2015) – Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) and its joint venture partner Ferrometals, together Brazil Manganese Corporation (“BMC”), provided an update on exploration activities. Highlights include: 6,710 meters of drilling … Continued
AAPL has spent most of 2015 forming a mature topping pattern: AAPL (Weekly) An end of year rally back up to the $112-$115 area would be par for the course before a much larger decline takes place early next year. … Continued
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec 21, 2015) – Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) and its joint venture partner Ferrometals, together Brazil Manganese Corporation (“BMC”), announced the appointment of Ms. Yuki Yamamoto as Director of Sales. Anthony … Continued
The S&P 500 ended down 2.36% on the session on the heaviest daily volume since September: SPY (Daily) The current market situation looks very similar to the August decline before the massive gap lower in equity futures on August … Continued
“100 years of history proves that the Fed is clueless. The mismatch between interest rates and risk today is absolutely insane. My opinion is that the whole financial system is going to blow sky high.” The Energy & Gold … Continued
TORONTO, ON–(Marketwired – December 17, 2015) – Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF) (“Continental” or the “Company”) is pleased to provide an update on the Feasibility Study (FS) for its 100%-owned Buriticá project located in Antioquia, Colombia. The FS, … Continued