Wealth Creation Through Natural Resources
Check out these quality links and have a powerful weekend!! Bloomberg: ECB’s Quantitative Easing Program Is Open-Ended, Visco Says TraderFeed: Tracking Real Time Market Sentiment Through Buy and Sell Programs CEO.CA: Iamgold is going shopping with $800 million and a check list Bloomberg: Ruble … Continued
Investors stay on gold as the ECB implements QE CNBC: Investor Icahn predicts Oil will go lower Reformedbroker: World’s most reluctant stimulus package gets underway Oilprice.com: Even with possible future sanctions Schlumberger looks to make large acquisition of about half of Eurasia Drilling Co … Continued
It’s all about the ECB this morning as the central bank launches a massive 1 trillion+ euro program of asset purchases… WSJ: Full Text of Mario Draghi’s Opening Statement Forex Live: ECB launches expanded asset purchase program – Will buy €60bn … Continued
Mining.com: Vancouver based Eldorado mines down 18% with slashed forecasts Bloomberg: In an attempt to fend off deflation the ECB looks to inject 1.1 trillion Oilprice.com: IMF, OPEC contradicting each other with different opinions on oil price 321Gold: China’s new … Continued
Swiss removing cap on franc sent investors looking for a safe haven for their cash, they found a familiar place and have started buying Gold, hopefully a rally in Jrs will follow Mining.com: Six month high on high for gold as european … Continued
Morgan Stanley is out with some interesting research this morning highlighting the strong positive correlation between copper and oil prices: Aside from the fact that both commodities are greatly affected by global economic growth there is another important factor as … Continued
GoldCorp in the headlines today with the purchase of a new project, Oil looks to normalize in new trading range Mining.com: GoldCorp buys Probe mines promising gold project Seeking Alpha: Swiss abandonment of currency cap makes waves with Gold mining stocks … Continued
Global effects of low energy prices: Via cartodb.com Low energy prices are a clear positive for Europe and Asia while being a clear negative for Africa, the Middle East, and Western Canada (Alberta and British Columbia).
Financial Post: These two pipelines are doing what Keystone can’t 321gold: Silver ready to run? Mining.com: Cameco’s new uranium mine looks to produce 6-8mil pounds this year Swingtradingdaily: Heightened volatility = heightened risk, What am I doing… Business Insider: US Rig Count Falls By … Continued
The shock SNB move has caused some turmoil among foreign exchange brokers, meanwhile oil is heading for its longest weekly losing streak since the brutal 1986 oil bear market… Kimble Charting: Gold is attempting dual 4-year breakouts Bloomberg: Casualties From Swiss … Continued