Wealth Creation Through Natural Resources
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
There are mounting signs that all is not well with economic growth prospects in 2016. Here are 3 charts that point to a looming recession (we could have added many more….): We are witnessing a drop in rail data that … Continued
A summary of today’s release from NexGen Energy: The best hole drilled to date in the A3 shear at the Arrow Zone with hole AR-15-61c2 returning 10.5 m at 8.52 U3O8 and an additional interval of 37.0 m at 6.30% U3O8 including 15.0 m at 10.10% U3O8, Hole AR-15-61c2 … Continued
As we pointed out on Friday gold in US dollar terms has completed a significant chart pattern bottom with last Wednesday/Thursday’s high volume breakout: Gold (Daily) Meanwhile, market participants couldn’t be more poorly positioned for further upside in gold: … Continued
Last week was a brutal start to the year for equity markets with the S&P 500 falling nearly 6% and the small-cap Russell 2000 shedding nearly 8% in a single week. The longer term structural damage inflicted by last week’s … Continued