Wealth Creation Through Natural Resources
I’ve easily had more than 100 CEOs of publicly traded junior mining companies pitch me their company’s story and i’ve never heard a CEO as enthusiastic and detailed in his presentation as Oceanus Resources’ (TSX-V: OCN, Market Cap: C$26 million) … Continued
After a rough three weeks in which the gold miners shed ~20% of their value there are some green shoots that sprouted this week which offer some reason for optimism. The $20 level on GDX has represented major support/resistance for the last … Continued
Today is a tough day to be a precious metals and mining share investor. Gold has broken below important support at $1,200/oz and bearish sentiment is palpable. The fact is that the macro backdrop has suddenly turned against gold in … Continued
Given the surprising US election outcome and the tumultuous market environment we wanted to connect with 321gold founder & editor Bob Moriarty for his latest thoughts on geopolitics and of course, markets. Bob obliged and this is an interview that you … Continued
Allow me to begin by offering an important caveat; my opinions and analysis are not necessarily the truth, I do my best to convey what I think is happening in markets and what is most likely to happen in the … Continued
The bear flag interpretation of the recent move up in the gold miners has turned out to be correct with the falling 50-day moving average proving to be an excellent spot to sell earlier in the week: GDX (Daily) The breakdown has … Continued
With key swing states Florida and Ohio falling to Trump the New York Times is gauging the probability of a Trump win at more than 95% (a virtual certainty that he will be the next US President at this point): … Continued
At the 2016 New Orleans Investment Conference last week Dennis Gartman, Founder & Editor of the Gartman Letter, was bullish on the US dollar. His primary rationale for this dollar bullishness is the decline in the adjusted monetary base during … Continued
The gold miners as represented by the GDX continue to consolidate within a relatively narrow range just below the largest volume-by-price bar of the year: GDX (Daily) The correction of the last couple of months against the backdrop of … Continued
After rallying since July Treasury yields have been forming a bullish consolidation during the last couple of weeks. The 10-Year Treasury Note yield in particular has pulled back to a key area of confluence from which the next leg higher … Continued