Wealth Creation Through Natural Resources
While most oil & gas companies are in damage control mode, there are a few bold companies who are willing to step in and take advantage of market dislocations. A tiny Vancouver based oil & gas explorer, Jericho Oil (TSX-V:JCO), … Continued
Noted market technician and fund manager J.C. Parets is a long time friend of CEO.CA and EnergyandGold.com. We had the pleasure of sitting down with J.C. and picking his chart filled brain as to what he’s seeing right now across … Continued
After a 54% decline since June 2014 the oil services sector (OIH) is on the brink of confirming that a long-term bottom has been put in place: OIH (Weekly) Momentum and volume divergences at the summer lows A weekly … Continued
A variant view on oil from Ecstrat’s Emad Mostaque: With oil cap-ex essentially falling off a cliff the stage will be set for a significant supply fall-off by 2017, meanwhile demand will continue to steadily increase. This should result in oil … Continued
While uranium has been oscillating between $35-$40/lb this year, uranium stocks have performed relatively poorly as the broader energy space has remained under pressure. However, things may be on the verge of undergoing a significant shift very soon: Cameco … Continued
The oil services sector (OIH) is one of the worst performing sectors in the market year to date (-13.2%). However, October has been a good month for this beaten down sector and the OIH exchange-traded fund is testing a key … Continued
From RBC: “The reason for the recent poor performance of commodities as an asset class is two-fold: 1) fundamentals are bearish across most of the complex (which we will leave outside the scope of this particular analysis); and 2) there … Continued
An insightful graphic from Goldman Sachs Investment Research which highlights the recent evolution of the global crude oil supply-demand balance and where it’s projected to go over the next 15 months: The market is currently oversupplied by nearly 2 … Continued
Marc Faber, Editor of the “Gloom, Boom, and Doom Report” was on Fox Business earlier today – here is an excerpt: “Commodity prices have collapsed because of the Chinese slowdown. And so these countries including Brazil, African countries, Central Asia, … Continued
The following chart courtesy of BAML helps to illustrate one of the reasons why China has a big problem on its hands: The PBOC (People’s Bank of China) has been complicit in doing everything pump up China’s stock market … Continued