Wealth Creation Through Natural Resources
Rob Hanna over at quantifiable edges has an excellent post up this morning which highlights what has historically happened when there are large intraday rallies such as the one we saw on Friday which are followed by tight consolidations like we … Continued
This is the first Daily Commodity Chart Wrap at Energy and Gold.com. Each day we will select a few of the most important commodities charts to post along with some light commentary. West Texas Intermediate Crude Oil (Daily) WTI fell … Continued
The yield on the 10-year US Treasury note has surged 50 basis points in the past few weeks and in turn gold has fallen nearly $100/oz. The negative correlation between yields and gold has been strong for the last 6 years … Continued
What began as a garden variety pullback after a white hot ~25% rally in the first 3 weeks of the year has turned into a full blown double-digit correction with a retest of crucial support/resistance currently underway: The ~$20 … Continued
Some market commentators like to post bold headlines that make outrageous claims such as “Stock Set to Double in 3 Months” etc. While I do expect the junior resource sector to trade at multiples of current levels over the coming … Continued