Wealth Creation Through Natural Resources
This morning we are seeing the first unmistakable signs that the China stock market crash will not be contained only to China. The silver break below $15 is pretty representative of what’s going on elsewhere this morning: This morning’s … Continued
WTI crude suffered an 8% spill today. The fundamental reasons are fairly straightforward (continued supply glut that has not been completely redressed despite the large price decline at the end of last year, a China stock market crash which has … Continued
This is the 2nd consecutive Sunday night that equity futures are trading significantly lower than where they ended the previous Friday: E-mini S&P Futures (30-minute) The proximate cause of the large gap lower in equity futures is Greece and its peoples’ … Continued
This is the kind of gold futures CoT report that gold bulls definitely did not want to see: A sizable increase in net speculative long positioning combined with a 15,260 contract increase in open interest which appears to have … Continued
Gold has a very strong tendency to put in a major low during July and rally well into September/October. In fact, using a 20 year seasonal study chart we can see that gold typically makes one final dump lower into … Continued
After a dozen years of trading I have learned that the most profitable trade setups are the simplest ones that take place during moments of market extremes (euphoria/panic). One such setup could trigger tomorrow morning if things evolve accordingly overnight … Continued
Via BitGold: After overwhelming demand we have officially, as of today, launched in the United States. Americans are now able to create a free BitGold account within minutes and have instant access to gold. Please note that at this time, … Continued
Nobody cares about gold miners anymore. There I said it. The level of overall investor disinterest in this sector must be at an all-time low. Now let’s be clear here, i’m not saying that bearish sentiment is at a record … Continued
After spending virtually all of the last decade with double-digit short interest (including reaching nearly 40% short interest in 2008 and then again in 2010) short interest in NFLX has fallen to a relatively light 6.66% as of two weeks … Continued
This morning Continental Gold (CNL.TO) released its much anticipated updated resource estimate which greatly increased the size and marginally increased the grade of its flagship Buriticá Project. This news is very significant because it makes the economics of the project significantly more attractive, … Continued