Wealth Creation Through Natural Resources
Whatever is happening in China right now surely doesn’t bode well for the long term stability of China’s domestic stock market (Shanghai Composite). Retail investors have been piling on the margin debt in order to increase their bets on increasingly … Continued
We haven’t paid much attention to platinum frankly because it’s a relatively small market compared to gold & silver and much less liquid. After wedging lower from its 2011 rebound peak platinum has been in one of the steepest downtrends … Continued
While there are literally dozens of valid reasons to be bearish on equities right now, there is one simple reason to be bullish that trumps them all. The case for more upside in equities over the coming weeks: While … Continued
After drifting lower on light volume for the last month the goldies (GDX) enjoyed their first strong trading session since early May: A high volume bullish engulfing candlestick with a close at session highs. As illustrated by the blue circles in … Continued
A curious chart from BAML showing that investors are heavily hedged against a sharp market decline: Sentiment surveys such as this one are generally only useful at extremes and according to this chart we are at an extreme in … Continued
From Morgan Stanley: “Output from operating mines and committed projects is set to fall by 450t to 2020, with over 50 mine closures from 2015-17 alone (Wood Mackenzie). There’s a long pipeline of projects totaling 580t of extra production … Continued
During my twelve years of trading virtually every financial market and instrument imaginable I have learned that the best trades are anticipated and prepared for days, weeks, and sometimes months in advance. Moreover, the best trading setups occur when multiple … Continued
NXT Energy Solutions (SFD.V) has been one of the hottest stocks in the TSX-Venture in 2015. Shares of SFD have doubled during the first half of this year and show few signs of stopping anytime soon: Technically speaking the stock broke … Continued
After rallying more than 60% during April & May shares of Continental Gold (CNL.TO) have pulled back 20% during the past few weeks: The recent pullback has formed a falling wedge pattern which would resolve higher on a breakout … Continued
A note on the current dynamic in the uranium market from Haywood Securities this morning: “Uranium market conditions continue to suffer in the wake of Fukushima. The attrition of major projects in the global production pipeline will go some distance … Continued