Wealth Creation Through Natural Resources
The precious metals rally from early November through the end of January was impressive and largely unexpected by most investors. After all, gold made a more than 20% move higher in the space of less than three months. As one … Continued
A ten minute video that talks about what investors might want to look for in terms of a bottom in the gold mining sector over the coming weeks and months: DISCLAIMER: The work included in this article … Continued
After a ~30% rally in the span of less than a month, the gold miners as represented by the GDX have just experienced the first multi-session correction since the rally began on May 30th. At yesterday’s close the consensus appeared … Continued
We have not only seen a notable inversion in the U.S. Treasury Yield Curve in the last week (the yield on the 10-year note is 2 basis points less than the yield on the 3-month T-bill), we have also just … Continued
Three weeks ago when GDX was trading around $17.90 I wrote a post titled “Why I Bought Gold Miners Today” in which I presented the concept that the gold miners were potentially all “sold-out” and ripe for a rally. Since that day … Continued
After a rough few months in the junior resource sector there are signs that the worst may be behind us and the seasonal tailwinds just over the horizon are a welcome respite for weary investors. Given the potential importance of … Continued
As we enter the month of July (a month which has often marked important lows for the sector), the gold miners as represented by the GDX appear to be at a key inflection point. It’s not an overstatement to say … Continued
For the last year the gold mining sector, as represented by the GDX, has been strictly range-bound. Of course there have been moments of optimism in which it seemed that the sector was breaking out, and there have also been … Continued
Gold is on the brink of confirming that it is in the midst of the next leg of a bull market which began in December 2015. Without delving into various technical patterns the situation can be described quite simply in … Continued
For much of 2017 the gold mining sector as represented by the GDX has been meandering aimlessly in an increasingly narrow range. The range-bound price action has narrowed to the point that the GDX is currently experiencing its lowest realized … Continued