Wealth Creation Through Natural Resources
A set of quotes on oil from some people in high places from Bloomberg Briefs: There are some observations and deductions to be made from this set of quotes. Possibly the person to gain the most from higher oil prices, the … Continued
Check out these quality links and have a powerful weekend!! Bloomberg: ECB’s Quantitative Easing Program Is Open-Ended, Visco Says TraderFeed: Tracking Real Time Market Sentiment Through Buy and Sell Programs CEO.CA: Iamgold is going shopping with $800 million and a check list Bloomberg: Ruble … Continued
Investors stay on gold as the ECB implements QE CNBC: Investor Icahn predicts Oil will go lower Reformedbroker: World’s most reluctant stimulus package gets underway Oilprice.com: Even with possible future sanctions Schlumberger looks to make large acquisition of about half of Eurasia Drilling Co … Continued
After spending the 2nd half of 2014 in a steady downtrend, the euro currency has entered crash mode at the outset of 2015: EUR/USD is down more than 600 pips so far in January and the euro is down much more against … Continued
It’s all about the ECB this morning as the central bank launches a massive 1 trillion+ euro program of asset purchases… WSJ: Full Text of Mario Draghi’s Opening Statement Forex Live: ECB launches expanded asset purchase program – Will buy €60bn … Continued
Mining.com: Vancouver based Eldorado mines down 18% with slashed forecasts Bloomberg: In an attempt to fend off deflation the ECB looks to inject 1.1 trillion Oilprice.com: IMF, OPEC contradicting each other with different opinions on oil price 321Gold: China’s new … Continued
Tomorrow morning (North American time) the ECB will make its much awaited announcement which is almost sure to include some form of quantitative easing program. A series of leaks this morning, the most market moving of which was reported by … Continued
From Bloomberg Briefs: Iraqi oil production has absolutely exploded during the last 6 months to now more than 4 million barrels of oil per day. This is occurring even as ISIS continues to conduct its insurgency throughout much of the … Continued
All eyes are focused on the ECB tomorrow morning, some market observers are warning the ECB is about to make a big mistake… Telegraph: Central bank prophet fears QE warfare pushing world financial system out of control Business Insider: The Hedge Fund … Continued
Swiss removing cap on franc sent investors looking for a safe haven for their cash, they found a familiar place and have started buying Gold, hopefully a rally in Jrs will follow Mining.com: Six month high on high for gold as european … Continued