It's been a month since we have had a week as good as this one. Now, if only it will continue. Let's read the tea leaves and see what they say.
Placer sees red but Barrick in the black. Natividad results drop Radius. Cameco cut by Bruce. Mindoro's mystery move and more this week on the Canadian markets.
Cameco's stock dropped nearly 5% today, even as the company reported $32 million in second quarter earnings. Was the drop caused by the miner's views on the uranium price?
Gold ended the first three days of the week slightly on the down side. It has also established a short term down trend from its highs early in July to those late in July.
A half hour of internet research can help make the difference between making a profit and losing your money on an investment. If the right resources are used.
China's announcement to abandon its U.S. dollar peg in favor of a basket of currencies has to be seen like a snowball in the making: initially, there will be little impact, but seismic shifts have been initiated.
A couple of weeks ago the U.S. $ Index broke through the third FAN trend line, often referred to as a blow-off trend. Since then the Index has moved sideways but with a negative bias.