Oil Chart of the Day
Global effects of low energy prices: Via cartodb.com Low energy prices are a clear positive for Europe and Asia while being a clear negative for Africa, the Middle East, and Western Canada (Alberta and British Columbia).
Energy & Gold Morning Roundup
The crowd is convinced the ECB will launch a 500+ billion euro quantitative easing program on Thursday. Here is some of what we are reading this morning… Telegraph: Francois Hollande tells business leaders that the ECB will launch QE on Thursday … Continued
Energy and Gold Evening Wrap Linkfest
Financial Post: These two pipelines are doing what Keystone can’t 321gold: Silver ready to run? Mining.com: Cameco’s new uranium mine looks to produce 6-8mil pounds this year Swingtradingdaily: Heightened volatility = heightened risk, What am I doing… Business Insider: US Rig Count Falls By … Continued
How Much Higher Can the Gold Miners Rise?
The rally in gold miners which began in mid-December now measures over 31% and the GDX is threatening to move back above its 200-day moving average for the first time since early September: Given that other ‘bear market rallies’ during … Continued
Energy and Gold Morning Linkfest
The shock SNB move has caused some turmoil among foreign exchange brokers, meanwhile oil is heading for its longest weekly losing streak since the brutal 1986 oil bear market… Kimble Charting: Gold is attempting dual 4-year breakouts Bloomberg: Casualties From Swiss … Continued