Wealth Creation Through Natural Resources
Urbanfibre Delivers Disruptive Internet, Voice, and Broadband Application Products Over its 200km High Speed Fibre-Optic Network Over the Next 12 months in Metro Vancouver and Victoria In October 2015 Telus announced plans to roll out a $1 billion fibre optic … Continued
There are plenty of reasons to turn bearish on gold (huge increase in speculative long interest, bearish seasonality, etc.) after a nearly $200/ounce advance in the space of one month. However, the price action is undeniably strong and the relatively … Continued
Just one month ago shares of Freeport-McMoran (FCX) and Teck Resources (TCK) were plumbing new depths near all-time low levels. What a difference a month makes: TCK has nearly tripled from its January 13th low at $2.56 and FCX has … Continued
A few weeks ago we highlighted Sabina Gold & Silver (SBB.TO) as a gold explorer that was set to outperform in 2016. SBB has strong fundamentals (including substantial recent insider buying and ownership, including by CEO Bruce McLeod) and SBB … Continued
Gold spent last week consolidating the gains of the previous weeks within a pennant pattern: Gold (Daily) It is likely that we will have another few days of consolidation ahead before gold’s next large directional move takes place. While … Continued
Bob Moriarty, Founder & Editor of 321gold, has had a hot hand recently with some of his market timing posts. In early February he emphasized that the bottom is in for gold and gold mining shares, gold surged more than … Continued
A fresh piece of research from RBC titled “Crude Storage – Darkest Before Dawn” makes the case that crude oil is in the darkness before the “dawn” (spring refinery runs and summer driving season). Crude oil storage capacity utilization has … Continued
Noted technician and fund manager J.C. Parets has been a long time friend of CEO.CA and E&G. Yesterday he put up a tour de force post on gold and gold miners highlighting the significance of some of the recent price … Continued
Apple (AAPL) has completed a ‘diamond bottom’ chart pattern with a measured move target of ~$104: AAPL (Daily) The open gap at $102.16 which roughly coincides with the falling 50-day simple moving average and previous support is the initial … Continued
According to the Bank of America/Merrill Lynch (BAML) fund manager survey gold is the most undervalued it has been since 2008 and crude oil is the most undervalued it has been since the survey began in 2008: … Continued