During some parts of the market cycle you have to adjust your expectations and ask why you are in the junior mining space. At market bottom is the best time to ask that question, and clearly we are in such a period. So why are you still here? You believe in gold: It is a… Continue Reading

Is the financial world coming to an end? I don’t think so, but if you looked at the major metals & mining and steelmaking industries, you would think it was. I remember in 2002 when high-tech was dead and in 2009 when the U.S. real estate market was “never” coming back. 2015 could be that… Continue Reading

Via Energy and Gold.com: Noted market technician and fund manager J.C. Parets is a long time friend of CEO.CA and EnergyandGold.com. We had the pleasure of sitting down with J.C. and picking his chart filled brain as to what he’s seeing right now across global markets and asset classes. As is his style, J.C. did… Continue Reading

Michael Berry of Disruptive Discoveries Journal is out with a good slide deck on macro and metals themes that he presented earlier this month for the Quebec Mineral Exploration Association. Mining investors know the story well – excess supply and insufficient demand have hit commodity prices hard, as well as the energy-reliant Canadian economy. Meanwhile, debt… Continue Reading

There’s a new promoter on the street and chances are if you met him, you would give him the benefit of the doubt. That’s one of several reasons why I am suspending disbelief and have become slightly excited about his debut deal. Royce Resources, a shell company that trades on the TSX Venture under the… Continue Reading

Via Energy and Gold.com: The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the Fed’s radar and likely played a significant factor in the decision… Continue Reading

Via Energy and Gold.com: We haven’t seen anything like this in a long time, and perhaps that’s exactly why we are experiencing such a sharp and vicious sell-off across global equity markets. Not even during the 2008-2009 Global Financial Crisis did we see the S&P futures reach limit down before the cash market open, this… Continue Reading

Via Energy and Gold.com: The recent parabolic leveraged speculative rise and fall of the Shanghai Composite is reminiscent of silver’s epic rise and crash during 2011, have a look:  Silver (2010-2011)        Shanghai Composite (2014-2015)   While the chart structures are slightly different (silver rose 50% in barely 6 weeks while Shanghai took… Continue Reading

Via Energy and Gold.com: Weekly chart wrap for the week ending 6/5/2015 – we saw some seismic moves in interest rates as equities began to show some chinks in their armor. The current trends are as follows: Oil: Oscillating within a range Precious metals: Lower Bond yields: Higher Equities: Oscillating within a range   WTI… Continue Reading

Via Energy and Gold.com: I came across two powerful China charts from J.P.Morgan this weekend:   During the last decade the correlation between Chinese monetary conditions/nominal GDP growth and commodities is almost uncanny; the CRB bottomed at the exact month that China monetary conditions bottomed in early 2009 and began rolling over again in 2011 just… Continue Reading

Via Energy and Gold.com: The ultra-strong US dollar (USD) is making its presence felt throughout the globe and is on the verge of wreaking havoc on a much larger scale. A premature Fed rate hiking cycle could be the catalyst to send the USD into overdrive and send global markets tumbling lower – 4 charts that… Continue Reading

With $36.4 billion in assets, Harvard University’s endowment fund is the largest in the world and has returned an average of over 12% annually over the past two decades.  In a recent regulatory filing, the Massachusetts-based fund picked up new positions in a dozen Texas-based oil and gas companies in the third quarter amid steeply… Continue Reading

After pre-marketing their latest venture, Denham Capital, which is one of the largest resource-focused private equity firms, announced the formation of Auctus Minerals, to focus on acquiring underperforming operations across Australia and applying operating efficiencies to them in order to turn a profit. The venture is being funded with US $130 million (initially) from Denham and will… Continue Reading

Haywood Commodity Price Revisions: Moderating for a New Paradigm This week, Haywood released a revised commodity price forecast.  Changes to several commodity price decks are echoed in the negative performance of mining equities and commodity prices during the last quarter.  Changes include the long-term gold price, which was lowered from $1,300 to $1,250 per ounce, silver… Continue Reading

By Chris Berry (Discovery Investing) If you’ve been watching financial news at all over the past week or looked at your portfolio, you’ll know that something is amiss in the commodities world. By most accounts, commodity prices are at five year lows. Almost everything, from gold to silver to iron ore to wheat to corn… Continue Reading