Wealth Creation Through Natural Resources
This morning Select Sands Corp. (SNS.V) announced that they have entered into a letter of intent in respect to a proposed purchase by Comstock Metals (CSL.V) of Select Sands’ Preview SW gold project located in the La Ronge district of … Continued
VANCOUVER, BC and TULSA, OK–(Marketwired – May 16, 2016) – Jericho Oil Corporation (“Jericho”) (TSX VENTURE: JCO) (OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders from Chairman and CEO, Allen Wilson. The full text of the … 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
WTI crude oil has nearly doubled from its February low, meanwhile the performance of oil stocks has begun to lag noticeably: There are many reasons for this phenomenon, and many reasons why the oil/oil stock divergence has widened significantly … Continued
Since first surmounting the 2100 level in early 2015 the S&P 500 has peaked above 2100 on six different occasions (including last month) and in the process churned a tremendous amount of volume during consolidations just below these peaks: … Continued
The US Dollar Index is rallying above 94.50 this morning following a very strong retail sales report. The US dollar has formed a V-bottom since briefly falling below 92 earlier in this month – a major test near the ~95 … Continued
The average rate of interest on 30-year fixed rate mortgages in the U.S. is down to levels we haven’t seen since early 2013: The roughly 40 basis point drop in average mortgage rates since the beginning of the year … Continued
A stock which we have highlighted a few times during the last year, Graphite One Resources (GPH.V), has begun to advance on heavy volume accumulation in recent weeks. GPH.V (Daily) Volume has exploded in shares of GPH since early March … Continued
Ray Dalio is one of the most successful hedge fund managers in history. This year at the World Economic Forum in Davos, Switzerland Dalio sat down with motivational/self-empowerment guru Tony Robbins and the result was a more than eighty minute … Continued
After today’s 6.41% drubbing the gold miners have essentially gone nowhere in the last three weeks despite traversing a nearly 20% range and making a 21-month high last week. Even as price has remained range-bound, volatility is breaking out to … Continued