Wealth Creation Through Natural Resources
Daily Commodity Chart Wrap 3/25/2015: WTI Crude Oil (Daily) Front month crude oil futures rally as options implied volatility begins to collapse and the futures contango narrows. OVX (CBOE Crude Oil Volatility Index) CME WTI Crude Oil … Continued
I have not kept it a secret that I have been looking for a marginal new low in WTI crude to wash out weak handed bulls followed by a violent upside reversal. Today this scenario happened in a most unexpected … Continued
It’s no secret the oil and gas industry is on the ropes. A greater than 50% correction in the price of oil in late 2014 has producers scrambling to lower costs. One company, Divergent Energy Services (TSXV:DVG), has a simple product … Continued
Record inventories and the prospect of further inventory builds in the US are putting WTI crude prices under heavy pressure this morning. Given the likelihood of additional inventory builds over the coming weeks there is a strong risk of a … Continued
At the Subscriber Investment Summit in Toronto last week, Energy and Gold took in 15 presentations from leading junior mining and energy CEOs hand picked by three well known investment newsletter writers. One company, Canamax Energy (CAC.V), was introduced as the largest … Continued
Daily Commodity Chart Wrap 3/9/2015: Copper Marginal Cost Percentiles The 90th percentile cost of producing copper is currently roughly $2.25/lb, it’s interesting that this level also coincides with the 200-month moving average (the same moving average where copper found … Continued
Daily Commodity Chart Wrap 3/3/2015: S&P 500 vs. Brent Crude Oil Since 2008 After being positively correlated during the 2008-2012 time period, Brent crude oil and US equities have markedly diverged in the past couple of years Gold (Daily) … Continued
Tiny Quebec based oil & gas explorer Junex (JNX.V) staged an enormous rally last week which at one point saw its shares higher by more than 150% in just 4 trading sessions: The discovery of a conventional oil play … Continued
Seeitmarket: Time to buy gold again as it nears bottom Daily Speculations: What is a trader by Victor Neiderhoffer CEO.ca: North arrow continues to impress power house Lukas Lundin Mining.com: Apple to buy a third of the worlds gold for new Apple watch … Continued