Wealth Creation Through Natural Resources
Cancana JV Poised to Capture Market Share During the Commodity Storm As a result of the global commodities downturn manganese ore production is being cut around the world: UMK cuts manganese ore production by 50% South32’s Q2 manganese ore … Continued
One month into the new year the gold miners (GDX) are the 2nd best performing equity sector of 2016 (utilities are the top performing sector) with a 3.6% gain. However, considerably more impressive is the 18.15% rally in the two … Continued
After reaching the lowest levels since 2003 ($27.56) WTI crude oil futures rallied ~26% in 7 trading sessions: WTI Crude Oil (Daily) This week’s rally stopped right at the downtrend drawn from the November peak and previous support from … Continued
AAPL shares have been in a steep downtrend since early November which has seen the largest company in the world by market capitalization lose 25% of its value (~$180 billion). However, there are some solid technical signs that it may … Continued
While equities have stumbled out of the gate to begin 2016 gold has started the year with a bang, rising by more than 5%. The next big challenge for gold is the 38.2% Fibonacci retracement of the January-December 2015 decline … Continued
During bull markets one of the best places to look for new long ideas is the list of stocks with highest short interest. However, during bear market cycles heavily shorted stocks tend to underperform and sometimes by a wide margin … Continued
Vancouver, BC – Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF – “Medallion” or the “Company”), today provided an update on its plans for 2016 with a focus on moving towards rare-earth production. “2015 was a difficult year for the rare-earth … Continued
The gold miners (GDX) rallied for a 6th consecutive trading session today making for a 14.5% gain since last Tuesday’s all-time low at $12.40: GDX (Daily) In the last few years a six session winning streak in GDX has happened … Continued
U.S. crude oil inventories rose a stunning 8.38 million barrels in the last week to reach 159 million barrels above average for this time of year: Source: Bespoke Ordinarily one would assume that the crude oil price would be … Continued
Less than 24 hours after Jeff Gundlach uttered the following words “they have got to dial this [hawkish] rhetoric back or the markets are going to humiliate them.”, gold broke out above a level it had previously had some trouble with, … Continued