Wealth Creation Through Natural Resources
The correlation between gold stocks and the metal which they extract from the earth has been getting more unhinged recently and today reached an extreme with gold basically flat on the day while gold mining shares (GDX) were down 4.7%: … Continued
Kaminak Gold is one of the few junior gold explorers moving full speed ahead with its flagship Coffee Gold Project despite challenging market conditions; the economics at Coffee are simply too compelling. Last week Energy & Gold had the … Continued
Gold in U.S. dollar terms finds itself at a crucial juncture entering this week: Gold (Daily) The $1088-$1090 is a key center of gravity. Price broke out above $1090 to begin the year but has since faded back below … Continued
With markets in turmoil and the scent of deflation growing stronger by the day the Fed cried uncle this morning with the following comment by New York Federal Reserve President William Dudley: “If the economy weakened, we would consider negative … Continued
The following two charts indicate that it’s time to seriously considering adding to OR initiating new equity long positions: The AAII % Bulls is currently below where it was at the 2009 low; this speaks volumes as to the … Continued
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan 14, 2016) – Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) and its joint venture partner Ferrometals, together Brazil Manganese Corporation (“BMC”), announced a 7,500 tonne sale of manganese mineral product in January, 2016. … 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
In his latest webcast investor presentation fund manager Jeffrey Gundlach to illustrate why he can’t be a secular bull on crude oil yet, even at $30/barrel: U.S. crude oil production is still above the level it was at when … Continued
The break down in Treasury yields that we warned about a couple days ago came to fruition today: 10-year Treasury Yield (Daily) This is a significant breach of a key level of support (2.13%) and the breakdown offers a … Continued
NexGen Energy CEO Leigh Curyer (left) and VP Exploration Garrett Ainsworth (right). Sept 4, 2014. CEO.CA Photo The best way to make money as a mining investor is by owning a company that has exploration success, or being on the … Continued