Wealth Creation Through Natural Resources
The current commodities bear market is nothing short of the worst 10-year decline since the Great Depression: And the losses only got worse this morning when WTI Crude Oil futures were down more than 5% printing a low of … Continued
Resource investors should be encouraged by the first trading session of the new year. On a day in which the Dow Jones Industrial Average closed down nearly 300 points (down by more than 400 points at the session lows), precious … Continued
There have been a couple of notable developments in commodity related charts in the last couple of days: AA (Daily) Alcoa (AA) has formed a head & shoulders bottom during the last couple of months. The neckline of this … Continued
The Federal Reserve finds itself in a tricky situation heading into Wednesday’s FOMC announcement. There has been a considerable build-up over the past several weeks (primarily from strong employment reports) which has led to the market anticipating a 25 basis … Continued
Goldman Sachs essentially stating that the oil market might be headed for an epic shakeout over the next couple of months: To make matters worse an additional ~600,000 barrels per day of production could come online over the next couple … Continued
A clean break of support in the energy sector today as OPEC disappointed on Friday and institutions liquidate losing positions into year end: XLE (Daily) The volume and velocity of the recent decline is particularly significant – the August … Continued
OPEC oil production rose to 31.77 million barrels per day in November, another record month of output which is well above the 30 million barrel per day quota the coalition of oil producing nations has set. Iraq and Saudi Arabia … Continued
Experienced Clayton Valley operator GeoXplor named Exploration Manager Lithium X Land Position Increased by over 180% Minerals and Environmental Engineer Timothy Oliver appointed VP Project Development VANCOUVER , Nov. 30, 2015 /CNW/ – Lithium X Energy Corp. (TSX-V:LIX) (“Lithium X”, … Continued
With all the messiness that’s occurring in Syria it’s surprising that something worse (from a geopolitical standpoint) than this morning’s shootdown of a Russian fighter jet by Turkey hasn’t already happened. Here’s a cute graphic from Citi that hopes to … Continued
Famous hedge fund manager and short seller Jim Chanos of Kynikos Associates recently made a presentation at Grant’s Fall 2015 Conference titled “Energy Investments After The Fall: Opportunity Or Slippery Slope?”. A couple of key points among many that Chanos … Continued