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Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index, which had surged back to 1132 capitulated to 1120.73 and then made an electric rise that crushed 1140 resistance and tagged 1150.38 for a brand new 2016 intraday high. The Index closed Friday at 1144.64, up 12 points for a 1% gain.

Updated with Roundhouse Radio interview link at end of article.

Investors appear to be betting that the Trump years will essentially jolt the US economy out of its sub-par growth trend doldrums of the Obama-Bernanke-Yellen years. What remains unresolved is whether or not Trump policies will result in real growth or simply an inflationary mirage. Canadian gold stock insiders are betting on the latter.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index put pedal to the metal as it continued a tremendous comeback from 4-month lows. It added nearly 21 points or 1.9% to close the week at 1132.54. The Index has now risen a Phoenix-like 4.9% from its lows of 1079.36 on Nov 14th and in fact swung so high it came within 8.2 points of its year high of 1147.38 previously hit in September.

One subject that can always guarantee some angry emails and usually name-calling along lines of "I’m a moron to suggest that technological substitution has to be considered in so many areas from minimum wage, to government subsidies, healthcare reform and transit. It's a good bet these people won't want to consider the impact of technology on the Presidential election, where Donald Trump rode blue-collar job losses to the white house in some key states.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index.  The Index was heavily oversold at the time of our last update which followed the US election, and we weren't surprised to see it rally last week, gaining 24 points or 2% to close at 1111.60. 

With speculation returning to the stock market and spurring on high-flying moves in sectors like gold, silver, lithium, and marijuana-related stocks over the past year, we look for where we might next see some outsized gains from beaten down assets. Lo and behold from the ashes we are starting to see uranium stocks, a painfully bruised and out of favour asset class, looking more and more attractive.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Following the Nov 8th US elections which anointed outspoken reality-TV kingpin and real estate mogul Donald Trump as the president-elect, the Index moved inverse to the huge rally in the US markets and followed the sell-off in gold, as it tumbled 31 points or nearly 3% to 1087.65.

For David Grenville (Gren) Thomas, the big score was the discovery of Diavik by his Aber Resources more than 20 years ago.

Thomas and his partners headed north and got to work in the early days of the staking rush following Chuck Fipke’s 1991 discovery of diamonds in the Northwest Territories. It took a few years, but in 1994 and 1995, Aber discovered the kimberlite pipes that became Diavik, Canada’s second diamond mine. Diavik, still producing, is a joint venture between 60% owner Rio Tinto (RIO*US) and Aber successor Dominion Diamond (DDC) (40%).

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index began by bouncing up and off its 20-day moving average toward the 1140 level, only to see its progress halt short of 1137.