Wealth Creation Through Natural Resources
A new piece of research from Morgan Stanley makes the case for a virtually endless cycle of global central bank easing. As one central bank engages in QE and weakens its currency, this country’s trade partners import deflationary pressures and in … Continued
During August gold rallied nearly $100/oz before pulling back late in the month and retracing roughly 50% of the rally. Gold now finds itself in an interesting situation oscillating in the $1130s/$1140s as global equity markets experience a bout of … Continued
Marc Faber, Editor of the “Gloom, Boom, and Doom Report” was on Fox Business earlier today – here is an excerpt: “Commodity prices have collapsed because of the Chinese slowdown. And so these countries including Brazil, African countries, Central Asia, … Continued
This is an insightful graph of the 90th percentile gold production cash cost curve dating back to 1990: A few takeaways from this graphic: Cash costs nearly quintupled during the bull market years 2002-2012 – this was mainly due to … Continued
WTI crude oil futures are in the process of posting their largest 3-day rally since early 2009. Crude futures are now up ~22% since early Thursday morning’s lows: This morning’s powerful bullish reversal from below $44/barrel to over $48/barrel … Continued
“At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume.” ~ Cory Mitchell (Investopedia) This quote on market bottoms perfectly sums up the gold miners (GDX) during the last couple of years: … Continued
One of the most successful investors in history, Carl Icahn, has taken a roughly 8.5% stake in copper/gold mining giant Freeport-McMoran (FCX). Shares of FCX have been battered in recent months, dropping nearly 70% since early May: Icahn is most … Continued
WTI crude oil prices fell below $38/barrel during Monday’s global market swoon as they headed for their 11th consecutive weekly decline. That was until a 6%+ rally took hold during the last 24 hours: Amazingly enough the rally since Monday’s low … Continued
NXT Energy Solutions Announces Filing of Q2-2015 Interim Results and Upcoming Conference Call Update CALGARY, ALBERTA–(Marketwired – Aug. 27, 2015) – NXT Energy Solutions Inc. (“NXT Energy” or the “Company”) (TSX VENTURE:SFD)(OTCQB:NSFDF) advises that its interim financial and operating results … Continued
After a week of turmoil across global equity markets the U.S. market posted its 3rd best single day gain ever. S&P 500 E-mini futures (ES) are now on the brink of completing a powerful bottoming pattern: Since Sunday evening’s … Continued