If you’re an investor over 50 years old, you have a bar of gold in your head.What I mean by that is—you’re aware of how gold is SUPPOSED to work in a diversified investment portfolio. It's an inflation hedge; it's an insurance policy...it's nebulous now, in this market, but...
I’m going to run through a few seemingly unrelated facts here fairly quickly, but the message is: the North American energy market is so opaque right now—because fundamentals are changing so fast—that my #1 2015 credo—SMALL POSITIONS—still holds true. And be prepared to change your mind in a hurry.
This...
As I’m sure you noticed———the world has just changed.For years now we’ve ignored the fact that Putin’s Russia is a threat. Reality has hit home. Reliance on Russia for anything important is now a major concern for every Western Country.The obvious problem is energy, but the role that Russian and...
For weeks (months?) I have been telling my subscribers that the best thing they can do in this stock market is…nothing.My own trading has borne that out this year. I am sitting on 80% cash and 20% losers. And in the junior markets, I think that makes me look...
US energy stocks outperformed Canadian ones last year—but in the last few months, E&P equities in the Great White North have soared. Why? The low Canadian dollar has a lot to do with it, adding an extra 6-10% to the Canadian oil price—which of course is ALL profit.
The second...
Renewable stocks are flying this week on the heels of a big new bill about to pass through Congress.This deal--worth almost half a trillion in spending--is a long-time coming. Democrats have been infighting about a spending bill since last year. Senator Joe Manchin has been the key hold out as...
African Gold Group (AGG:TSXv AGGFF:OTCQB) is the soon-to-be junior gold producer that will be churning out millions in cash flow, as their Koboda Gold Mine ramps up to 50,000 oz per year, then 100,000 oz per year.
I can’t believe the stock is still trading for pennies – 40 of...
In one sense, this makes NO sense: Aveda Transport and Energy Services (AVE-TSX) hit record revenue (US$52 million) and record positive cash flow (just over $5 million) this last quarter, Q2 17.
I mean, all this company does is move drill rigs; nothing else. And there are just HALF the...