Wealth Creation Through Natural Resources
Precious metals have had an awful month of November thus far with both silver and gold suffering significant declines while posting record losing streaks. Most notably silver has posted a record 14 consecutive losing sessions and is currently working on … Continued
The latest Commitments of Traders data from the CFTC (as of market close 10/20/2015) shows that both hedge funds and smaller traders alike have piled into gold & silver futures in recent weeks as commercials (mining companies and bullion banks) … Continued
The recent parabolic leveraged speculative rise and fall of the Shanghai Composite is reminiscent of silver’s epic rise and crash during 2011, have a look: Silver (2010-2011) Shanghai Composite (2014-2015) While the chart structures are slightly different … Continued
Some market commentators like to post bold headlines that make outrageous claims such as “Stock Set to Double in 3 Months” etc. While I do expect the junior resource sector to trade at multiples of current levels over the coming … Continued
Silver broke out in impressive fashion from a 4-week old falling wedge on Friday: It’s no coincidence that the measured move from the falling wedge breakout targets the $18.50 area which also happens to be major long-term support/resistance. Lets take … Continued