Wealth Creation Through Natural Resources
All hell has been breaking loose for the last week. From the Shanghai stock market going into full crash mode to Greek citizens formally voting to leave the eurozone to the New York Stock Exchange halting trading for 4 hours, there’s … Continued
There is certainly no shortage of noise out there for investors to get confused by right now. From China to Greece to speculation about when the Fed will hike rates, it’s seems as though there is an endless barrage of … Continued
This is the 2nd consecutive Sunday night that equity futures are trading significantly lower than where they ended the previous Friday: E-mini S&P Futures (30-minute) The proximate cause of the large gap lower in equity futures is Greece and its peoples’ … Continued
All the talk over the weekend has been about a ‘Grexit’ (a Greek exit from the euro) as the new Greek Finance Minister, game theory expert Varoufakis, continues to follow his path of utilizing a “hostage situation” negotiation strategy with Greece’s … Continued
Everyone is talking about oil this morning, meanwhile Tommy Humphreys has an insightful piece on the future of small public offerings in Canada… Marketwatch: 3 reasons for oil’s crazy bounce Bloomberg: Greeks Spooked by Debt Clashes Put Cash Under Bathroom Tiles CEO: TSXV vs … Continued
Since forming a double-top at $1307/oz last week gold has formed a bearish technical pattern that could result in a move lower back down to the $1250s: A breach of the $1275 support level would set up a pullback to … Continued
Some quality material we are reading this morning… Bloomberg: ECB Weighs Bond Purchases Up to 500 Billion Euros to Juice Economy Mish: Another Run on Greek Banks Begins ETF.COM: GLD No Long Among Top 10 Biggest ETFs Bloomberg: How OPEC Weaponized the Price of … Continued