Via Energy and Gold.com: While the CFTC Commitments of Traders Report is far from an exact market timing tool, it does offer one of the best gauges of market positioning and sentiment. After Tuesday’s sell-off speculative positioning fell to a level of net length that has more often than not coincided with major lows:  … Continue Reading

Via Energy and Gold.com: 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 been a lot to be concerned about if you’re an investor.… Continue Reading

Via Energy and Gold.com: This morning we are seeing the first unmistakable signs that the China stock market crash will not be contained only to China. The silver break below $15 is pretty representative of what’s going on elsewhere this morning:   This morning’s break of support which had held for 9 months in silver… Continue Reading

Via Energy and Gold.com: This is the kind of gold futures CoT report that gold bulls definitely did not want to see:   A sizable increase in net speculative long positioning combined with a 15,260 contract increase in open interest which appears to have primarily come as a result of both large & small speculators… Continue Reading

Via Energy and Gold.com: Gold has a very strong tendency to put in a major low during July and rally well into September/October. In fact, using a 20 year seasonal study chart we can see that gold typically makes one final dump lower into the July 4th US holiday before turning higher for the next… Continue Reading

Via Energy and Gold.com: Nobody cares about gold miners anymore. There I said it. The level of overall investor disinterest in this sector must be at an all-time low. Now let’s be clear here, i’m not saying that bearish sentiment is at a record (I believe it will be difficult to top last November in… Continue Reading

I recently heard a great story about the safety culture that has permeated the mining industry over the past decade, with probably a bit of overkill within the major miners. At an alleged meeting between 50+ mining execs from each side of Newmont and Barrick in New York City, discussing a possible business combo, the… Continue Reading

Via Energy and Gold.com: During my twelve years of trading virtually every financial market and instrument imaginable I have learned that the best trades are anticipated and prepared for days, weeks, and sometimes months in advance. Moreover, the best trading setups occur when multiple indicators/factors come into alignment like stars in the sky. Gold has… Continue Reading

Via Energy and Gold.com: GDX passed an important test of support today. The goldies were looking absolutely dreadful this morning but buyers showed up near a crucial area of support around lunchtime and put the throttle to the floor into the close:   $18.75 not only represents a DeMark Support Level but it also represents… Continue Reading

For decades, public companies were essential in order to pool lots of small investments which came largely from individuals. Those investors knew (or at least should have known) that they were speculating on high risk/high reward ventures. There were some spectacular successes that made it all worthwhile. Over the past few years, the industry has… 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: As John Maynard Keynes famously stated “When the facts change, I change my mind. What do you do, Sir?”. I am very close to changing my mind on the direction of long-term interest rates. The chart of the 10-year US Treasury Note yield shows that a formidable bottoming pattern has been formed… Continue Reading

Via Energy and Gold.com: The TSX-Venture has spent the last 6 months putting in a bottoming pattern (ascending triangle) and running into resistance just above the 700 level. However, a breakout could be close at hand…   The series of higher lows remains intact and the pullbacks have become shallower. The current pullback is testing… Continue Reading

The mining industry is all about the people, and as a young professional working in this industry, I’m trying to get to know and associate myself with the best and the brightest. Recently I had the privilege to interview the founding partners of Young Mining Professionals, an association with the sole focus of bringing together Vancouver’s future… Continue Reading

Via Energy and Gold.com: One of the things I noticed early on in investing in junior mining equities is that they follow technical patterns fairly well. In other words, the charts are much cleaner indications of investor supply & demand with much less influence from HFT (high-frequency trading) and hedge funds than one sees in… Continue Reading