Via Energy and Gold.com: This is a question people have begun asking themselves this week. Previously the thought of a Greek exit from the eurozone brought about images of bank runs, stock market crashes, and other euro area members leaving the common currency. However, what if a Greek exit were to be contained and the… Continue Reading

Via Energy and Gold.com: Regardless of how one would like to look at things, the eurozone and ECB are driving the global markets bus for the time being. The ECB took the bold step of launching a $1 trillion+ quantitative easing program last month and now the focus has shifted squarely to Greece and how… Continue Reading

Our partner site Energy and Gold.com recently had the opportunity to sit down with legendary precious metals blogger and investor Bob Moriarty. Go and read the entire interview now!!! Here is an excerpt: CEO Technician: Has there ever been a worse bear market in the junior mining sector than the recent 2011-2014 (?) cyclical bear?… Continue Reading

Via Energy and Gold.com: Better than expected jobs growth during January and a strengthening trend in non-farm payrolls sent gold futures tumbling lower this morning: The warning signs for gold have been mounting in recent days. First it was the large spike in speculative long interest according to CFTC data, then it was the series of… Continue Reading

From Energy and Gold.com: Oil implied volatility as measured by the OVX (CBOE Crude Oil Volatility Index – at top of chart below) is breaking out to the highest levels seen since the 2008 Global Financial Crisis: Meanwhile, realized volaility (as measured by the average true range) is also spiking higher but not quite catching up… Continue Reading

Via Energy and Gold.com: The Russell 2000 (IWM) is up nearly 400% from the 2009 market bottom, however, judging by the following chart pattern breakout the final blow-off rally may have just begun: IWM has been in a messy consolidation since the end of October and this morning’s breakout from the diamond pattern, if it… Continue Reading

Via Energy and Gold.com: The gold miners are represented by the GDX have vastly outperformed gold thus far during 2015: This impressive display of relative strength has developed into a near perfect symmetrical triangle on the daily chart of GDX despite a relatively messy recent consolidation between $1252 and $1297 in gold itself: I believe… Continue Reading

Via Energy and Gold.com: The XOP (SPDR S&P Oil & Gas Exploration & Production Index) rose nearly 6% on the day for its 2nd strongest single day performance since December 2011: Today also marks the first daily close above its 50-day simple moving average since August 29th for XOP. The volume and momentum divergences at… Continue Reading

Via Energy and Gold.com: During January the GLD exchange traded fund experienced the largest monthly increase in its gold holdings since summer 2012: The August/September 2012 GLD inflows had a lot to do with the Federal Reserve’s ‘QE3’ announcement which occurred on September 13th, 2012. Much in the same way the recent GLD inflows probably have… Continue Reading

Via Energy and Gold.com: This chart speaks volumes: A striking chart which seemingly shows the effectiveness of the FED’s extraordinary stimulus measures which began in early 2009 as opposed to the ineffectiveness of the ECB’s behind-the-curve monetary policy. While there are many other significant differences between the U.S. and the euro area aside from monetary… Continue Reading

From Mark Hulbert: The Dow Transports haven’t gone anywhere during the past couple of months even as crude oil has fallen a further 20%+ in the same time period. This is a very interesting phenomenon given that one would think that a decline in the #1 input cost for the transport sector would be a… Continue Reading

Via Energy and Gold.com: The Canadian dollar (loonie) has completely fallen apart during the month of January, moving from 1.16CAD to the USD to over 1.27CAD to the USD this morning. By currency market standards this is an ENORMOUS move which has deep ripple effects across the economy in terms of trade, travel, and currency… Continue Reading

Via Energy and Gold.com: We have hand picked the 5 most promising charts in the junior resource space – presented in reverse order: 5. Red Eagle Mining (RD.V)  After a blistering 60%+ rally during the past several weeks, shares of RD.V have cooled off a bit in the last several days. However, this “2 steps forward,… Continue Reading

Via Energy and Gold.com: US crude inventories are at record highs and production is at the highest levels in several decades. Meanwhile, refinery outages (both planned and unplanned) are helping to put a crimp in near term demand – from Bloomberg Briefs: This market dynamic helps to explain the current structure of the crude oil… Continue Reading

Via Energy and Gold.com: There are some constructive signs mounting in crude oil: Demand has clearly picked up in the US as drivers enjoy sub-$2 gasoline prices in many parts of the country Sentiment on crude oil is the worst its been in a very long time, by many gauges it is worse than it… Continue Reading