Wealth Creation Through Natural Resources
Daily Commodity Chart Wrap 2/26/2015: Brent Crude Oil (Daily) Brent crude remains in an uptrend above $60. Copper (Daily) Very impressive move in copper today as it surged above the falling 50-day simple moving average. Previous … Continued
Shares of Newfield Exploration (NFX) soared yesterday following its Q4 2014 earnings report and conference call in which the company outlined a vastly reduced capital budget. NFX management decided to use the spike in share price to raise roughly $700 … Continued
Daily Commodity Chart Wrap 2/25/2015: Copper (Daily) Copper is testing an important confluence level ($2.67-$2.68). The next couple of sessions will be crucial in determining whether the February rally is simply a dead-cat bounce or something more substantial. … Continued
As WTI crude oil tests an important area of support/resistance near $49 there are some signs that crude prices could ultimately fall below $40 if certain supply conditions remain present. The global crude oil supply/demand balance is very delicate to … Continued
Mining.com: CHARTS, Gold vs Fed debt shows fair price for Gold Bloomberg: Veto’d keystone XL bill may have a solution in Canada 321gold: Bull case for gold this year and the Bear CNBC: If it looks and smells like a Bull, it is a … Continued
This is the first Daily Commodity Chart Wrap at Energy and Gold.com. Each day we will select a few of the most important commodities charts to post along with some light commentary. West Texas Intermediate Crude Oil (Daily) WTI fell … Continued
All indications are that we are at a very interesting moment for crude oil. Oil market analysts have been calling for a supply glut during Q2 2015 that would continue to weigh on crude oil prices. However, we are seeing reasons … Continued
Thus far, front month WTI Crude Oil futures have been unable to breakout above resistance near $54: A further pullback to the $52 area would still keep the uptrend from the January 29th low intact and it’s quite likely, given … Continued
Energy & Gold is conducting interviews with top investors, executives and companies in the resource sector. Here is our first interview with the legend from 321gold Bob Moriarty – Gold Bottom in, New Bull Market will make 2008-2011 Look Tame Mining.com: Gold … Continued
We are starting to see some very constructive bottoming patterns among individual energy names. One name in particular that we have had an eye on in recent weeks broke out on heavy volume from a head & shoulders bottom pattern … Continued