Wealth Creation Through Natural Resources
Gold producers’ cash costs are still well below the current price of gold with the 90th percentile of costs coming in just above $800/ounce: Notice how the gold price tracked the 90th percentile of cash costs very closely for … Continued
It seems like ages ago that silver was rallying 10% every week with no end in sight… Silver (February-April 2011) For silver bulls this chart brings back fond, but distant memories. The bear market which began in April 2011 … Continued
Noted market technician and fund manager J.C. Parets is a long time friend of CEO.CA and EnergyandGold.com. We had the pleasure of sitting down with J.C. and picking his chart filled brain as to what he’s seeing right now across … Continued
Despite the recent sell-off in the mining sector, mining equities’ valuations have not yet reached trough valuations that have coincided with recent market lows: However, a further sell-off over the next 1-2 weeks that brings the sector’s discount to … Continued
VANCOUVER, BRITISH COLUMBIA–(Nov 10, 2015) – Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) and its joint venture partner Ferrometals, together Brazil Manganese Corporation (“BMC”), are reporting results from Q3 operations. Record production was achieved in the quarter and … Continued
The direction of long-term interest rates has a huge impact on many other financial markets and asset classes. After last week’s rate rally the 10-year US Treasury Note yield is attempting to break-out above a 23-month downtrend: 10-year US … Continued
The gold miners (GDX) took a beating last week, losing 10% as market participants fled the sector out of fear that a Federal Reserve rate hiking cycle will continue to put downward pressure on precious metals. The technical damage was … Continued
This morning’s stronger than expected monthly payrolls report has sent the US dollar index soaring and gold tumbling: US Dollar Index (December futures) Gold (December futures) Gold smashed through minor support around $1100 and now finds itself … Continued
Aside from drawing arrows in Christmas colors the following chart serves to highlight an unmistakable relationship that has existed between Treasury yields and gold during the last year: 30-year US Treasury Bond Yield (top) vs. Gold (bottom) The inverse … Continued
$12.2 trillion will be invested in global power generation in the next 35 years and the Tesla Gigafactory is just the beginning According to a Bloomberg report earlier this year, $12.2 trillion will be invested in global power generation … Continued