A weekly look at what made news in the Canadian resource markets.
According to thorough technical analysis, the gold sector seems to have reached a significant low. This is complete with measurable signs of capitulation selling and rather bearish sentiment.
The mid-week review lets us see if the actions foreseen during the week-end are performing as expected or if we need some refining or revision to the analysis.
Jim Turk and John Rubino have written an excellent new book on the impending monetary crisis. Jim Davidson of the Indomitus Report sent along this review.
America's financial leaders are throwing sound monetary judgment to the wind, replacing it with a focus on manipulating public perceptions.
For a while there it looked like a real rally going on but then it stalled. Energy is still where the action is but let's go through the routine and see what's really what.
The situation with the U.S. dollar is getting downright spooky. Even though the dollar moved higher this month, it remains bearish, the major trend is down and worldwide sentiment continues to worsen.