Wealth Creation Through Natural Resources
For most of my adult life I have been a social drinker who has experienced infrequent occasions of binge drinking. Some of the binge drinking occasions ended quite disastrously as they usually do, however, still it was not enough to cause … Continued
Yesterday the S&P 500 closed at an all-time high above 2100: However, the most interesting aspect of the recent advance is the fact that many gauges of sentiment are far from frothy while others are only just beginning to reach overheated … Continued
Regardless of how one would like to look at things, the eurozone and ECB are driving the global markets bus for the time being. The ECB took the bold step of launching a $1 trillion+ quantitative easing program last month … Continued
Scott Armstrong (Co-founder of Energy and Gold.com) and I had the opportunity to sit down with legendary precious metals blogger and founder of 321gold, Bob Moriarty. The interview was wide ranging and Bob was his usual self, cutting right to … Continued
An interesting phenomenon occurred in crude oil markets last week: As WTI crude oil rose nearly 10% for the week, the OVX (CBOE Crude Oil Volatility Index) also rose and actually broke-out above an area of previous resistance near 60. This … Continued
The Canadian dollar (loonie) has completely fallen apart during the month of January, moving from 1.16CAD to the USD to over 1.27CAD to the USD this morning. By currency market standards this is an ENORMOUS move which has deep ripple … Continued
One of the biggest stories of 2015 has been the surging price of gold in euro terms: Gold in euro terms has soared nearly 20% in the last month, however, there are mounting signs that a pullback/correction is due: … Continued
There was a boom in oil & gas Capex during the past couple of years, particularly in the shale oil drilling space: With the recent crash in the oil price this boom has turned into a bust and there is … Continued
Mining.com: Vancouver based Eldorado mines down 18% with slashed forecasts Bloomberg: In an attempt to fend off deflation the ECB looks to inject 1.1 trillion Oilprice.com: IMF, OPEC contradicting each other with different opinions on oil price 321Gold: China’s new … Continued
Swiss removing cap on franc sent investors looking for a safe haven for their cash, they found a familiar place and have started buying Gold, hopefully a rally in Jrs will follow Mining.com: Six month high on high for gold as european … Continued