Wealth Creation Through Natural Resources
Gold mining shares experienced a decade long bull market between 2001 and 2011 which saw the HUI (Gold Bugs Index) rise more than 18x: HUI (Gold Bugs Index) The salad days of 2011 are long gone for the gold mining … Continued
“Is this it for gold?” is the question many are asking themselves this morning. With the yellow metal falling $50/oz in a matter of minutes Sunday night one has to wonder if the coffin is closing for the long-term gold … Continued
“In our business, you make it taking shots.” Ron Netolitzky, 2014 Canadian Mining Hall of Fame inductee Prospector Ron Netolitzky found his footing exploring for uranium in the northern Saskatchewan muskeg while oil patch consulting on the side, but it … Continued
Whole Foods (WFM) has spent the last couple of months forming a pretty impressive bottoming pattern. Today the stock was up 2.02% and posted its first close above the 50-day simple moving average since March: WFM looks like an … Continued
Platinum has been suffering a brutal, yet steady, decline during 2015 and appears poised to drop into the ‘triple digits’ for the first time since early 2009: After a painful (for precious metals holders) 4-year decline platinum may be on … Continued
Netflix (NFLX) reports earnings after the close today. A stock that has been an absolute bear killer for the last several years could finally be ready for a significant correction: NFLX (Monthly) The monthly chart of NFLX shows a … Continued
The chart of 30-year fixed mortgage rates dating back to the early ’70s is a sight to behold: For the last several years American borrowers have been blessed with the good fortune of historically low Treasury Bond yields which … Continued
If the Saudis intention is to damage US shale oil production as they maintain record crude oil outputs despite a more than 50% drop in the price of oil in the last year, the following two charts illustrate that they … Continued
The S&P 500 briefly fell below its rising 200-day simple moving average last week and flirted with breaking the neckline of a multi-month head & shoulders top pattern: Bears might have thought that the Shanghai market crash or the … Continued
Last week we highlighted the 3200-3400 area in the Shanghai Composite as a likely support zone from which a dead-cat bounce could begin and that is exactly what has transpired over the last few days: The rebound has … Continued