Wealth Creation Through Natural Resources
I can’t recall a time in my 15 years in the market in which there was more noise flying at market participants from all directions. Never has it been more important to be selective of what and whom one listens … Continued
VANCOUVER, Aug. 29, 2017 /PRNewswire/ – Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden“) is pleased to announce results from drilling on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Hole DV17-063 was drilled … Continued
The Commitments of Traders reports (CoTs), for the week ending July 11th, which were released yesterday showed some remarkable shifts in market participant positioning in precious metals futures: Gold (Weekly – CoTs) Large spec positioning in gold futures hasn’t … Continued
There is an intriguing situation developing in the silver market: Silver futures open interest has increased to nearly 220,000 contracts (nearly US$20 billion notional), within 6,000 contracts of last August’s peak Producers have moved to a larger short position (~US$6 … Continued
Precious metals have had a strong rally since reaching the worst sentiment on the sector in more than 20 years in mid-December: Gold/Platinum/Silver Performance 12/16/2016-2/23/2017 Silver is up 13.51%, gold is up 10.63%, and platinum is up 10.13%. However, the … Continued
Yesterday we saw the first real rally of any significance in gold since early November. Gold futures open interest also experienced its largest 1-day increase since September 6th (more than 11,000 contracts). After the beat down that gold has gotten … Continued
One month ago Bob Moriarty, Founder & Editor of 321gold, stated in no uncertain terms that we were in for a deeper correction in the precious metals space before we would reach a monumental buying opportunity. We ended up with … Continued
The total speculative net notional length in silver futures is currently at a record ~$8 billion! Surpassing even April 2011 levels when silver nearly touched $50/ounce: While this sort of record interest is indicative of a bull market, to … Continued
Yesterday renowned bond fund manager Jeffrey Gundlach said 2016 is a “go with it” environment for the Treasury bond/interest rate complex. In other words, investors and traders should follow the trend and not try to fight momentum. If Gundlach is … Continued
During the week ending November 17th large futures speculators (hedge funds, CTAs, etc.) piled on short positions in precious metals futures at one of the fastest paces on record: Between both gold & silver futures large speculators … Continued