Wealth Creation Through Natural Resources
The following chart tells a timeless tale of investor psychology: As equity prices trend higher investors are willing to take more risk, however, at the first sign of a market downturn investors are quick to liquidate positions and exit … Continued
It now seems like eons ago but at the end of last year I published a post titled “6 Big Surprises for 2015” in which I laid out a series of seemingly unlikely market events which I felt were much likelier to occur … Continued
On Monday we highlighted in two different posts the precarious equity market situation and expressed concern that AAPL had a few too many fans among the retail crowd heading into its 1st quarter earnings report. We even put on a … Continued
Via CEO.CA, In the last ten years, new discoveries in the gold mining industry have been declining. So far this year, explorers are nowhere near matching the 89 million ounces of gold produced in 2014. There’s never been a greater … Continued
This is everything you need to know about today’s Federal Open Market Committee statement: “To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for … Continued
Via CEO.ca and written by Mike Luft On the back of a positive Preliminary Economic Assessment (“PEA”), one that demonstrated robust economics even at today’s gold prices, Toronto’s Continental Gold(TSX: CNL; OTCQX:CGOOF) is readying itself for another milestone at its … Continued
GDX is up nearly 6% this week. Is this rally for real? From all indications the answer is a resounding YES! Here’s why: The chart pattern breakout from the multi-week ascending triangle is the real deal and targets a move … Continued
How can a .42% sell-off in the S&P 500 be considered bearish? After all, such a small move falls well within the realm of noise. I would almost always not place too much weight in a trading session with such … Continued
Shares of the world’s largest company, Apple (AAPL), have traded very methodically recently. Pulling up the daily and weekly charts of AAPL we can see a stock that has risen methodically since last summer while finding support at key Fibonacci … Continued
Gold marginally broke below support on Friday, breaking down from a small H&S top pattern: The breakdown from this pattern targets a test of the March lows ($1140-$1150). However, the “break” was not as clear or as powerful as we … Continued