Wealth Creation Through Natural Resources
The latest Commitments of Traders data from the CFTC confirms that short covering has been largely responsible for the rally in crude oil during the last eight weeks: With the net-long position reaching a 17-month high and the gross … Continued
There has been a great deal of talk during the last couple of weeks regarding what would happen when the .15 private placement shares came free trading in Lithium X (LIX.V). Thursday on CEO.CA I offered an opinion that the … Continued
After a more than 60% rally from the early February low investors are beginning to turn skeptical on crude oil again: Barclays Research highlighting the large turnaround in managed money positioning… Macquarie Research takes the opportunity to make … Continued
The gold miners took a beating today as gold tumbled nearly $30/ounce. The GDX has been bumping its head up against resistance ($21) for a couple of weeks as bearish divergences accumulated; with today’s heavy volume ‘gap & go’ 7.53% … Continued
For This Company There’s Never Been a Better Time to Be in the Oil Business “Buying when there’s blood in the street” Jericho Oil is committed to reaching 1,000 barrels of oil per day of production by Q3 2016. … Continued
This chart explains why oil below $30 is a problem for the high-yield debt market and in turn the stock market: Much of the recent equity market strength can be tied to the 40% rally in crude oil since … Continued
Nano One Materials Corp. (NNO.V) is pioneering cutting edge technology to significantly increase the efficiency of lithium-ion cathodes; NNO has 2 U.S. patents and 10 more patents pending. The patented technology enables rapid formation of high performance nano-scale structures early … Continued
After oil’s 40%+ in the last few weeks, Barron’s headline calling for $20 crude oil last month looks set to go down in market annals as one of the best contrarian cover stories ever: While Barron’s did actually offer … Continued
A fresh piece of research from RBC titled “Crude Storage – Darkest Before Dawn” makes the case that crude oil is in the darkness before the “dawn” (spring refinery runs and summer driving season). Crude oil storage capacity utilization has … Continued
