Wealth Creation Through Natural Resources
A Surprising Turnaround in Frac Sand Demand Frac sand (proppants) have seen a surprise turnaround in demand projections during the first half of 2016. Many investors and industry observers left this segment of the oil market for dead at … Continued
Indian jewelry buyers and investors account for a sizable chunk of annual gold demand and last year Indian gold buyers made India the 2nd largest gold consuming nation, 2nd only to China: From Sudheesh Nambiath, Adam Turchioe, and Libin Zhou … Continued
Since the beginning of the year realized volatility in the S&P 500 has dropped ~60% as the leading U.S. equity index experiences its longest streak of days without a 1%+ move in two years: SPY (Daily) 20-day rolling … Continued
With WTI crude oil prices rallying above $51/barrel today the oil price has moved back into the shale ‘sweet spot’ zone: If you look close enough at the above chart you will notice that the rig count has bottomed … Continued
This is the chart to watch right now: 10-year Treasury Note Yield The yield on the 10-year Treasury Note has been wedging its way lower for the last few months and is once again knocking on the door of … Continued
Jericho Oil Corp (JCO.V) recently released its “Management Discussion and Analysis (MD&A)” For Q1 2016 and there are some encouraging details in the report: In Q1 2016, despite an average spot Oklahoma Sweet Crude oil price of just ~$30 … Continued
Rig count way down, production down, efficiency way up:
The yield on the 10-year U.S. Treasury note has been coiling since making a low in February: 10-year U.S. Treasury Yield (gold/10-year yield correlation below) It is likely that the series of lower highs and higher lows which … Continued
Something we have been noticing for the last week is the significant divergence between energy stocks and crude oil. Technician and fund manager J.C. Parets is all over it today with his premium “Chart of the Week” post. Here is … Continued
Tuesday’s big sell-off in gold with a break below the 50-day simple moving average and key support near $1250/oz looks to have generated a significant liquidation in what was a couple weeks ago a near record net long position by … Continued