Wealth Creation Through Natural Resources
Via War Tard Word on the ground at the Pentagon is that the Obama Administration’s foreign policy is viewed as so inept, directionless and without clear objective that the US Joint Chiefs of Staff have had to step … Continued
The current commodities bear market is nothing short of the worst 10-year decline since the Great Depression: And the losses only got worse this morning when WTI Crude Oil futures were down more than 5% printing a low of … Continued
There have been a couple of notable developments in commodity related charts in the last couple of days: AA (Daily) Alcoa (AA) has formed a head & shoulders bottom during the last couple of months. The neckline of this … Continued
Goldman Sachs essentially stating that the oil market might be headed for an epic shakeout over the next couple of months: To make matters worse an additional ~600,000 barrels per day of production could come online over the next couple … Continued
A clean break of support in the energy sector today as OPEC disappointed on Friday and institutions liquidate losing positions into year end: XLE (Daily) The volume and velocity of the recent decline is particularly significant – the August … Continued
Keith Schaefer is the editor and publisher of the Oil & Gas Investments Bulletin which finds, researches and profiles growing oil and gas companies that Schaefer buys himself. He is also one of the most respected names in the investment newsletter … Continued
With all the messiness that’s occurring in Syria it’s surprising that something worse (from a geopolitical standpoint) than this morning’s shootdown of a Russian fighter jet by Turkey hasn’t already happened. Here’s a cute graphic from Citi that hopes to … Continued
Jericho Oil Continues Roll-Up of Distressed Producing Mid-Con Assets Jericho Signs a Definitive Agreement Building on Previous Oklahoma Acquisitions VANCOUVER, BC and TULSA, OK, Nov. 23, 2015 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V:JCO; OTCQX:JROOF) announces that … Continued
Famous hedge fund manager and short seller Jim Chanos of Kynikos Associates recently made a presentation at Grant’s Fall 2015 Conference titled “Energy Investments After The Fall: Opportunity Or Slippery Slope?”. A couple of key points among many that Chanos … Continued
While most oil & gas companies are in damage control mode, there are a few bold companies who are willing to step in and take advantage of market dislocations. A tiny Vancouver based oil & gas explorer, Jericho Oil (TSX-V:JCO), … Continued