Wealth Creation Through Natural Resources
Precious metals have had a strong rally since reaching the worst sentiment on the sector in more than 20 years in mid-December: Gold/Platinum/Silver Performance 12/16/2016-2/23/2017 Silver is up 13.51%, gold is up 10.63%, and platinum is up 10.13%. However, the … Continued
British Columbia is home to some of the world’s largest, highest grade precious metals mines. Truly high grade mines (>5 grams per tonne gold equivalent) of substantial scale (more than 1,000,000 ounces gold equivalent) are becoming increasingly rare and highly … Continued
The following quote from the most recent RBC “Commodity Comment” sums up the current gold market environment quite well: “The proliferation of unknowns, inherently difficult to hedge, remains a key reason why we recommend gold allocations and underpins our positive … Continued
Yesterday we saw the first real rally of any significance in gold since early November. Gold futures open interest also experienced its largest 1-day increase since September 6th (more than 11,000 contracts). After the beat down that gold has gotten … Continued
I’ve easily had more than 100 CEOs of publicly traded junior mining companies pitch me their company’s story and i’ve never heard a CEO as enthusiastic and detailed in his presentation as Oceanus Resources’ (TSX-V: OCN, Market Cap: C$26 million) … Continued
One month ago Bob Moriarty, Founder & Editor of 321gold, stated in no uncertain terms that we were in for a deeper correction in the precious metals space before we would reach a monumental buying opportunity. We ended up with … Continued
The total speculative net notional length in silver futures is currently at a record ~$8 billion! Surpassing even April 2011 levels when silver nearly touched $50/ounce: While this sort of record interest is indicative of a bull market, to … Continued
Gold finished higher by more than 5% on the week and the gold miners as represented by the GDX rallied an eye-popping 20% for the week. There are signs of over-exuberance beginning to show up in the gold space beginning … Continued
Yesterday renowned bond fund manager Jeffrey Gundlach said 2016 is a “go with it” environment for the Treasury bond/interest rate complex. In other words, investors and traders should follow the trend and not try to fight momentum. If Gundlach is … Continued
