Wealth Creation Through Natural Resources
The TSX-Venture has spent the last 6 months putting in a bottoming pattern (ascending triangle) and running into resistance just above the 700 level. However, a breakout could be close at hand… The series of higher lows remains intact … Continued
A global shift to cleantech is absolutely going to change the world. It’s also going to make many people very rich. One way for investors to cash in on the green energy movement is to invest in graphite. What most … Continued
Here are some stats on the Shanghai Composite: +49% year-to-date +143% in the last year Up 5 consecutive trading sessions Investor margin debt has more than doubled in the last year Shanghai Composite (Daily) Shanghai Composite (Weekly) … Continued
Stockhouse: BitGold swallows up GoldMoney in $51.9 million deal BMR: A technical breakdown of BitGold since listing Bloomberg: Millions of barrels of Oil are about to vanish Mining.com: Beam me up Scotty! Congress passes space bill CNBC: Yellen underwhelms Wall Street traders … Continued
It was a brutal day for the gold mining sector with a 3.61% loss and a close at session lows: Today’s candlestick is called a ‘bearish marubozu‘ due to the large full body with an absence of shadows on … Continued
We have been cautious and calling for a pullback in energy stocks for a couple of weeks. Like clockwork, a 3-5% correction in the majority of energy names has since come to fruition. However, it might be time to begin adding … Continued
One of the things I noticed early on in investing in junior mining equities is that they follow technical patterns fairly well. In other words, the charts are much cleaner indications of investor supply & demand with much less influence … Continued
If I didn’t know better I could have never guessed that crude oil is down nearly 50% in less than a year. The Houston real estate market is white hot with residential listings regularly going for above asking price and … Continued
The EUR/USD currency pair is fast approaching a key technical crossroads : The ~1.15 level represents support/resistance from January/February and also roughly equates to a 50% retracement of the entire December-March decline from 1.2556 to 1.0462. One can also … Continued
TD Equity Research is out with an update on Continental Gold this morning entitled “CNL:Time to Buy is Now”. The two main kickers in this research report are as follows: TD expects an updated resource estimate in June with an … Continued