Wealth Creation Through Natural Resources
Thus far, front month WTI Crude Oil futures have been unable to breakout above resistance near $54: A further pullback to the $52 area would still keep the uptrend from the January 29th low intact and it’s quite likely, given … Continued
Yesterday the S&P 500 closed at an all-time high above 2100: However, the most interesting aspect of the recent advance is the fact that many gauges of sentiment are far from frothy while others are only just beginning to reach overheated … Continued
Continental Gold (CNL.TO) CEO Ari Sussman Interview The mining industry is continually depleting its inventory, which is why it has always been an M&A led business. Junior companies find and develop new deposits and then mid-tiers and majors take them … Continued
Some market commentators like to post bold headlines that make outrageous claims such as “Stock Set to Double in 3 Months” etc. While I do expect the junior resource sector to trade at multiples of current levels over the coming … Continued
Silver broke out in impressive fashion from a 4-week old falling wedge on Friday: It’s no coincidence that the measured move from the falling wedge breakout targets the $18.50 area which also happens to be major long-term support/resistance. Lets take … Continued
Greed returned in a big way this week: CNN Money Fear & Greed Index Largest 3-week inflow into high-yield bond funds in recorded history: A beautifully clean breakout in the Nasdaq Composite as the tech heavy index reached the highest … Continued
Via CEO.ca, North Arrow Minerals (NAR.V) is a promising diamond exploration company with a portfolio of projects in Northern Canada. The company has extremely successful backers in the diamond industry, with Gren Thomas serving as Chairman, and his daughter Eira … Continued
The most bullish aspect of the recent equity market environment has been relatively tame sentiment. Only now after a 100+ S&P point rally within just 2 weeks is sentiment beginning to turn optimistic again: Source: CNN Money Fear & Greed … Continued
After a $90/oz decline since late-January gold in US dollar terms is at a critical juncture: Gold has retraced 50% of the entire rally from the November low – the lower 2-standard deviation Bollinger Band on the daily chart also … Continued
This is a question people have begun asking themselves this week. Previously the thought of a Greek exit from the eurozone brought about images of bank runs, stock market crashes, and other euro area members leaving the common currency. However, … Continued