Wealth Creation Through Natural Resources
Since the market open last Friday when BREXIT fears were fully setting in and panic was in the air the gold miners as represented by the GDX have actually sold off significantly. Since Friday’s market open GDX is down nearly … Continued
38 months ago, as the teeth of the cyclical bear market were sinking in deeper, gold tumbled more than $200/oz within the span of two trading sessions before putting in a short term low at $1321.50. In many ways gold … Continued
One of the most surprising events in recent market history is taking place with a shocking British vote to leave the EU. Markets were quite certain that Britain would remain in the EU just a few hours ago and have … Continued
Since vaulting above $1280 for the first time in more than a year gold has essentially found itself oscillating within a $100 range while making marginal new 52-week highs: Gold (Daily) Each marginal new high since March has occurred with … Continued
The gold miners as represented by the GDX have been running up against resistance in the $25-$27 range for the past couple of months. Already a significant amount of volume has been churned above the $25 in GDX and there … Continued
The name of this website is energy & gold.com so it’s only fitting that we analyze the charts of gold and crude oil this weekend: Gold (Weekly) I’m going to sharpen my pencil here and say that we need … Continued
The gold mining sector is emerging from a five-year bear market that saw valuations collapse by nearly 90%. During the last few years, companies slashed exploration budgets and M&A within the sector dropped off substantially. Most gold miners were focused … Continued
Among other market developments in 2016 we have seen a breakdown in the spread between the 2-year treasury note yield and the 10-year treasury note yield: 2s/10s spread (gold below) The last time that the yield curve flattened significantly (2003-2006) … Continued
Indian jewelry buyers and investors account for a sizable chunk of annual gold demand and last year Indian gold buyers made India the 2nd largest gold consuming nation, 2nd only to China: From Sudheesh Nambiath, Adam Turchioe, and Libin Zhou … Continued
This is the chart to watch right now: 10-year Treasury Note Yield The yield on the 10-year Treasury Note has been wedging its way lower for the last few months and is once again knocking on the door of … Continued