Wealth Creation Through Natural Resources
Emerging market equities have enjoyed a strong July and the EEM exchange-traded fund is on the verge of breaking out from a completed head & shoulders chart pattern bottom: EEM (Daily – 3 Year) A breakout above major support/resistance … 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
We have been all over Continental Gold (CNL.TO) during 2015 and our persistence has rewarded readers who paid attention. Despite a relatively lackluster junior gold sector shares of CNL have performed superbly with a 35%+ gain year-to-date: CNL carved out … Continued
While the casual market observer might look at Friday’s 1.18% rally in gold, closing modestly back above the $1200/oz level, as nothing to write home about. Friday’s session offers some subtle bullish signs that should not go ignored: Many … Continued
After suffering through what have arguably been the most challenging few years in the company’s history, Barrick (ABX) investors may finally be ready to profit from a sustainable turnaround in the company’s fortunes. ABX has right sized its cost structure … Continued
This morning’s gold rally has formed a highly significant breakout from a multi-month chart pattern bottom: A textbook head & shoulders bottom has formed during the past several months and this morning’s large move higher has formed a breakout above … Continued