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
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
Gold futures have pulled back nearly $60/oz from last Thursday’s parabolic blow-off high, retracing roughly 38.2% of the entire breakout since late-January: Gold (Daily) The $1190-$1200 area now becomes important support; the $60 shakeout since Thursday’s high is standard price action … Continued
There are a plethora of reasons to be bearish on equities, ranging from the proxy war escalation in Syria to a potential hard landing in China. However, there are some subtle yet powerful reasons that investors may want to consider … Continued
A lot happened this week in the precious metals & mining space. A quick summary of the big events: Gold finished the week $65/oz higher and rallied as high as $1263.90/oz on Thursday, reaching its highest level in US dollar … Continued