Wealth Creation Through Natural Resources
Via CEO.ca and written by: Tommy Humphreys These are still early days at Skeena Resources’ $SKE (TSXV) Spectrum gold project, located in B.C.’s Golden Triangle, but early signs are promising. It’s where Skeena chairman Ron Netolitzky is going for his … Continued
Gold finished the week strong with a nearly $40 rally between Wednesday morning and Friday’s close on the back of the Federal Reserve’s decision to keep interest rates on hold. The CFTC Commitments of Traders Report helps to explain the … Continued
The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the … Continued
The yield on the 30-year Treasury Bond has rallied more than 35 basis points since late-August: However, there is good reason to believe there isn’t much risk of more upside in bond yields regardless of what the Federal Reserve … Continued
Shares of copper & gold mining behemoth Freeport-McMoran (FCX) have seen impressive insider buying in the last month: 3 different board members have purchased a total of more than $32 million worth of FCX stock since August 18th. All … Continued
If we could only look at one chart it would have to be the following one: US Dollar Index (Weekly) After peaking in March the US Dollar Index has spent the last 6 months consolidating between roughly 93 … Continued
The GDX made a fresh all-time low this morning and the HUI (Gold Bugs Index) reached levels it hasn’t seen since 2002: However, there were a couple of small glimmers of hope: GDX printed a hammer reversal candlestick after … Continued
Two charts that excellently illustrate the commodities bear market which has accelerated to record depths during the last few years: Love them or hate them, precious metals exchange-traded products (ETFs, ETNs, etc.) soared to record levels in late 2012 following the … Continued
A new piece of research from Morgan Stanley makes the case for a virtually endless cycle of global central bank easing. As one central bank engages in QE and weakens its currency, this country’s trade partners import deflationary pressures and in … Continued
During August gold rallied nearly $100/oz before pulling back late in the month and retracing roughly 50% of the rally. Gold now finds itself in an interesting situation oscillating in the $1130s/$1140s as global equity markets experience a bout of … Continued