Wealth Creation Through Natural Resources
After months and months of inventory builds to extreme record levels crude oil has finally begun to see some draws including a surprise 2.2 million barrel draw last week: There are likely to be additional inventory draws over the … Continued
We have been all over Continental Gold (CNL.TO) during 2015 and our persistence has rewarded readers who paid attention. Despite a relatively lackluster junior gold sector shares of CNL have performed superbly with a 35%+ gain year-to-date: CNL carved out … Continued
A couple of noteworthy charts from the RBC technical analysis team: Dow theory non-confirmation: Despite the S&P 500 essentially sitting at all-time highs and the TSX Composite resting just below all-time highs we are seeing a lot of … Continued
After being absolutely crushed during the 2nd half of 2014, thus far energy stocks are one of the best performing sectors in 2015. However, that may be about to change as a number of technical factors indicate that the 2015 energy … Continued
BitGold is a new medium which makes gold accessible for digital payments and savings. Every day people can now have instant, liquid access to gold instead of having to go to their local coin shop, pay a 3-4% premium to the … Continued
Last week was a messy one for the gold miners. It began with yet another failure to break-out above resistance followed by what was shaping up to be a steep decline before buyers stepped in and price closed down a … Continued
This is an interesting graphic courtesy of RBC illustrating a large drop-off in managed money (CTAs, commodity pool operators, etc.) positioning in commodity futures: After reaching extremely high net long exposure earlier last year before the crude oil crash, managed … Continued
Some superb technical analysis on bond yields by RBC Chief Market Technician George Davis this morning: The recent bottom in crude oil saw inflation expectations rise which in turn led to the surge in global bond yields we have witnessed over … Continued
On Monday we highlighted in two different posts the precarious equity market situation and expressed concern that AAPL had a few too many fans among the retail crowd heading into its 1st quarter earnings report. We even put on a … Continued
Via CEO.ca and written by Mike Luft On the back of a positive Preliminary Economic Assessment (“PEA”), one that demonstrated robust economics even at today’s gold prices, Toronto’s Continental Gold(TSX: CNL; OTCQX:CGOOF) is readying itself for another milestone at its … Continued