Wealth Creation Through Natural Resources
Gold mining shares are soaring today after the Federal Reserve voted to keep rates unchanged. Both GDX and GDXJ rose more than 7% at the time of writing and GDX ended the session right at the gap fill level from September 8th … Continued
Tomorrow the Federal Open Market Committee (FOMC) will release its statement from its most recent meeting followed by a press conference from Fed Chair Janet Yellen. Currently the market is not expecting a hike from the Fed tomorrow, however, there … Continued
NGEx Resources (NGQ.TO) is a Canadian junior copper/gold explorer with two large copper/gold deposits in Chile and Argentina. The Los Helados Project in Chile is part of a joint venture in which NGEx holds approximately a 60.78% interest and Pan Pacific Copper Co., … Continued
Gold is facing a critical test of support for the 3rd time since mid-July after falling ~3.5% in the last eight trading sessions: Gold (Daily) There’s a lot going on in this chart: Gold has experienced some minor signs of … Continued
“If you believe in an energy rebound you need to own Jericho this quarter.” ~ Allen Wilson, CEO Jericho Oil In a sector in which overpromising and underdelivering is the norm, when a company does the exact opposite and … Continued
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 16, 2016) – Japan Gold Corp. (TSX VENTURE:JG) (“Japan Gold” or “the Company”) (formerly Sky Ridge Resources Ltd.) (TSX VENTURE:SYR.H) is pleased to announce that further to the announcement on July 6, 2016, the Company … Continued
Castle Peak Mining successfully completed its summer sampling program with encouraging results. The company is now committed to moving forward with a fall drill program focused on its two most promising targets. We connected with Castle Peak CEO Darren Lindsay … Continued
After a volatile last several weeks here is the current situation in the gold miners ETF (GDX): GDX (Daily) The August correction in the gold miners have given way to a volatile trading range defined by roughly $25 on … Continued
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 12, 2016) – GoviEx Uranium Inc. (TSX VENTURE:GXU) (“GoviEx” or the “Company”) is pleased to announce that it has appointed Medea Capital Partners Ltd. (“Medea”) as a Project Debt Advisor to assist the Company in … Continued
This afternoon’s CFTC Commitment of Traders report reveals that last Friday’s disappointing U.S. employment report led to a surge in net length by large speculators (CTAs, hedge funds, etc.) in gold futures: There are a few aspects of this … Continued