Wealth Creation Through Natural Resources
A variant view on oil from Ecstrat’s Emad Mostaque: With oil cap-ex essentially falling off a cliff the stage will be set for a significant supply fall-off by 2017, meanwhile demand will continue to steadily increase. This should result in oil … Continued
In less than a month bitcoin (BTC/USD) has rallied 50% from around $240 to over $360 today. The volume and intensity of the rally has really picked up during the last 3 days, to the point that this appears to … Continued
Ever since early September we have been pounding the table that the path of least resistance for equites was higher because there were simply way too many bears. October’s ~8.5% rally and best single-month performance for the S&P 500 in more … Continued
The recent trend in economic data is, to put it nicely, poor. Factory orders, new home sales, corporate profit margins, and various indicators of global growth are all trending lower with many reaching lows not seen since 2009: Factory orders … Continued
Arena Minerals (TSX-V: AN) is a Canadian based prospect generator that is committed to identifying and creating value in Chile’s premier copper and gold mining districts. While many multi-national mining companies have exited Chile in the past couple of years, Arena sees … Continued
Kivalliq Energy (KIV.V), a Canadian junior uranium explorer, recently released drill results from its flagship Angilak project in Nunavut, Canada. The results were promising to say the least, with all nine drill holes returning highly anomalous levels of uranium; including … Continued
The following chart courtesy of Barclay’s Research is a tough one to ignore: The slope and magnitude of the decline in S&P net profit margin curve at the beginning of the last two recessions is very similar to the … Continued
Here’s the quick take on gold via Morgan Stanley: Clearly a bearish view on gold from MS, also not a very deep view either. This is a classic example of what Howard Marks calls “first level thinking”. All … 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
While uranium has been oscillating between $35-$40/lb this year, uranium stocks have performed relatively poorly as the broader energy space has remained under pressure. However, things may be on the verge of undergoing a significant shift very soon: Cameco … Continued