Wealth Creation Through Natural Resources
Post transaction, Jericho to have more than 75,000 net acres in core focus area TULSA, OK and VANCOUVER, BC, Aug. 8, 2016 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO; OTC: JROOF) announces its affiliate Eagle Road Oil, … Continued
Simple is usually more effective. The following line chart of GDX simplifies things and highlights the important stuff (trend and relative strength): GDX (Daily) Important observations from this chart: Trend is clear, from the lower left to the upper … Continued
A small oil & gas explorer which we have been following since the end of 2015, Jericho Oil Corporation (TSX-V: JCO), announced a new USD$30 million Senior Secured Revolving Credit Facility with East West Bancorp. This is East West’s first … Continued
It’s difficult to find a sector that is more out of favor than uranium. Uranium spot prices have fallen to levels which are unprofitable for many producers on an all-in cost basis: Uranium Spot Price (2010-2016) Meanwhile the world’s … Continued
For the last 3 week U.S. equities have traded in a historically extreme narrow trading range; heading into today’s session the S&P 500 had spent the last 13 trading sessions trapped within a .74% trading range. Today the tightest trading … Continued
April 15th, 2013 is a day that gold bulls would like to forget, but likely cannot forget. After nearly 3 1/2 years the GDX is on the verge of revisiting ‘the scene of the crash’ by way of filling the … Continued
Trump just won the real estate agent/mortgage broker/home builder vote with the following tweet this morning: As is customary with Trump there are no specifics in how he plans to reverse this powerful downtrend in the U.S. homeownership rate. … Continued
The gold miners as measured by GDX are up nearly 120% year to date as they enter what is the best two month period of the year for the sector historically. Using the NYSE/Arca Gold Bugs Index (HUI) we can … Continued
Since the post-BREXIT volatility spike (which lasted for two trading sessions) a funny thing has happened, volatility has completely collapsed. The Russell 2000 is on streak of 13 trading sessions within a ~2% trading range with several trading sessions seeing … Continued
5 charts (3 of which are courtesy of Zero Hedge) go a long way towards illustrating the homeownership situation and the current buy vs. rent decision in the United States: Since 2005, when the housing bubble began to pop, … Continued