Wealth Creation Through Natural Resources
Using a 10-year monthly log-scale chart we can see that gold has broken out above the downtrend drawn from the 2011 top: Gold (Monthly – 10 Years) Price and volume action during January are characteristic of strong accumulation, meanwhile Relative … Continued
Vancouver, British Columbia–(Newsfile Corp. – January 22, 2018) – Genesis Metals Corp (TSXV: GIS) (“Genesis” or the “Company”) is pleased to announce the results from the second phase of drilling completed at the Chevrier gold project (the “Project”) near Chibougamau, … Continued
It seems like we’ve been here before, but make no mistake, this moment is unique and potentially crucial for the long term path of the gold price. Since crashing down from the mid $1500s in April 2013 gold has spent … Continued
Gold is on the brink of confirming that it is in the midst of the next leg of a bull market which began in December 2015. Without delving into various technical patterns the situation can be described quite simply in … Continued
Catalyzed (no pun intended) by strong demand for more fuel efficient gasoline powered vehicles in BRIC countries and tight supply, palladium (the other platinum group metal) reached a fresh all-time high above US$1,090/ounce today: Palladium (Daily) The trend is impressive … Continued
Earlier in the week I wrote about one of my main themes for 2018, a rising inflation/interest rate environment. In this post I will lay out which sector I believe will do well against a backdrop of rising inflation and rising … Continued
Bob Moriarty, founder of 321gold, has never been one to swim in the direction of the crowd. He has often held a variant view and prided himself on doing the opposite of the herd when it comes to markets and … Continued
The British Columbia Geoscience Group (A provincially funded entity) commissioned a report to look at Barkerville Gold and their narrow vein, high-grade orogenic gold and determine if there is anywhere else in the province of BC that has the same … Continued
Every year tax loss season brings about opportunity for those who have some dry powder and the foresight to buy stocks, which have underperformed year-to-date (and, in all likelihood, have ugly charts). The criteria for my 2017 tax loss shopping … Continued
For much of 2017 the gold mining sector as represented by the GDX has been meandering aimlessly in an increasingly narrow range. The range-bound price action has narrowed to the point that the GDX is currently experiencing its lowest realized … Continued