Wealth Creation Through Natural Resources
U.S Stocks drop fifth day in a row as madness on the trading floors continues Financial Post: Super Mega Royal Dutch Shell feeling the squeeze of Oil prices Financial Post: Dividend cuts “next possible step” for Teck Resources Oilprice.com: Glut of oil … Continued
The beginning of a new year has brought with it high levels of market volatility across asset classes, the Swiss National Bank (SNB) added to this trend overnight… Gartman: Swiss made worst central bank decision Bloomberg: SNB Unexpectedly Scraps Cap … Continued
Some quality reading material to keep you busy this weekend… McClellan: Government deficits are good if you like gold… Hulbert: Stock market risk is higher today than it was in the dot-com era Bloomberg: Bill Gross says that wage growth is the real challenge … Continued
Gold miners (GDX) just completed their biggest weekly gain in nearly a year, finishing up 9.35% for the week on above average volume: Today’s rally also moved the goldies back up to levels not seen since the late-October plunge which … Continued