Wealth Creation Through Natural Resources
VANCOUVER, BC and TULSA, OK, Oct. 19, 2015 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V:JCO; OTCQX:JROOF), a growth-oriented oil and gas company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the … Continued
By definition there is no ‘easy money’ in financial markets. Making money requires taking risk, risks that sometimes aren’t even fully understood by those who are taking them. However, if there ever were easy money to be made it was … Continued
Sabina Gold & Silver (SBB.TO) has been exhibiting signs of strong accumulation in recent weeks and broke out above a key resistance level last week: SBB.TO (Weekly) After falling hard at the end of 2014 SBB has put in … Continued
Gold has staged an impressive ~$90/oz rally during the last 3 weeks. However, some consolidation between the flat 200-day simple moving average and the round number psychological $1200 level could be in order: The rally has stalled at the … Continued
The oil services sector (OIH) is one of the worst performing sectors in the market year to date (-13.2%). However, October has been a good month for this beaten down sector and the OIH exchange-traded fund is testing a key … Continued
The gold miners (GDX) have rallied a whopping ~35% in the last month. However, we have seen this movie before and watched many rallies quickly fizzle and the goldies slump to fresh all-time lows. In fact, just two months ago we … Continued
Via RBC: Canada has steadily grown its position as the largest crude oil supplier to the U.S over the last few years, to an average of more than 3.1 million barrels per day. Saudi Arabia ranks a distant 2nd … Continued
After going absolutely bonkers back in August (rising from 10.88 to 53.29) and accomplishing one of the sharpest and fastest rises in its history, the VIX has reverted to form and is on the verge of declining for a record … Continued
Via RBC:
This tweet from @FxMacro pretty much sums up the current situation: Perhaps most notable about these four equally probable paths for monetary policy aside from the fact that additional QE is back on the table, is that it highlights the … Continued