Wealth Creation Through Natural Resources
The shock SNB move has caused some turmoil among foreign exchange brokers, meanwhile oil is heading for its longest weekly losing streak since the brutal 1986 oil bear market… Kimble Charting: Gold is attempting dual 4-year breakouts Bloomberg: Casualties From Swiss … 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
Crude oil futures have shot up more than $4/barrel this morning after a shock move by the Swiss National Bank (SNB) to remove the Swiss franc peg to the euro: The rally which began on Tuesday now totals 17% and, sadly … 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