Wealth Creation Through Natural Resources
The latest Commitments of Traders data from the CFTC confirms that short covering has been largely responsible for the rally in crude oil during the last eight weeks: With the net-long position reaching a 17-month high and the gross … Continued
There has been a great deal of talk during the last couple of weeks regarding what would happen when the .15 private placement shares came free trading in Lithium X (LIX.V). Thursday on CEO.CA I offered an opinion that the … Continued
After a more than 60% rally from the early February low investors are beginning to turn skeptical on crude oil again: Barclays Research highlighting the large turnaround in managed money positioning… Macquarie Research takes the opportunity to make … Continued
An upstart Canadian clean energy technology company (focused on lithium-ion battery technology for electric vehicles) that we highlighted earlier in the month, Nano One (NNO.V), is beginning a high volume chart breakout: NNO.V (Daily) NNO has completed a 12-month basing pattern … Continued
Gold producers haven’t been this short of gold futures since a couple of months before the April 2013 gold crash: Gold (5-year) with Commitments of Traders (below) So we have hedge funds and CTAs heavily long on one side … Continued
Gold has fallen more than $70/oz since peaking at $1287.80 a couple of weeks ago: Gold (Daily) Gold has traded within a roughly $40 range for the last six weeks – this week’s downside break from the range makes … Continued
The gold miners took a beating today as gold tumbled nearly $30/ounce. The GDX has been bumping its head up against resistance ($21) for a couple of weeks as bearish divergences accumulated; with today’s heavy volume ‘gap & go’ 7.53% … Continued
For This Company There’s Never Been a Better Time to Be in the Oil Business “Buying when there’s blood in the street” Jericho Oil is committed to reaching 1,000 barrels of oil per day of production by Q3 2016. … Continued
Platinum has historically traded at a significant premium to gold, however, recently this relationship has been flipped upside down with gold trading $250/oz above platinum: Platinum (dark) vs. Gold (gold) since 1998 A bottom has formed in platinum during … Continued
Three publicly traded takeover targets in a niche energy sector segment The largest silica sands producer, U.S. Silica (NASDAQ: SLCA), just completed a ~$175 million bought deal financing with one of the purposes for the capital raise being the … Continued