Copper has had a tough go of it. The stocks of copper producers have been even worse.The biggest – Freeport McMoRan (FCX – NASDAQ), is down 40% since April. Small copper producers like Capstone Mining (CS – TSX), Copper Mountain Mining (CMMC – TSX) and Taseko Mines (TKO – TSX) are all...
Even though energy stocks have had a great year (up until June! ) they still trade at very low multiples--2-3.5x cash flow. That means the Market is still seeing this sector as VERY volatile. But huge Q2 profit numbers out of EVERY sub-sector in energy (oil, gas, refiners, frackers, drillers,...
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...
No industry on earth has an existential problem like smoking. They make billions of dollars (like, it’s getting close to $1 trillion) but kill millions of people. The industry of course doesn’t want to kill the goose that lays the golden eggs—their customers—so they are always trying to find new...
It’s a bear market. That means that picking stocks just got a whole lot harder.Bull markets are forgiving. The trend of the market is up. Most individual names will go up too.Just stay away from the duds and in a bull market you can see your picks lifted along...
European natgas prices are starting to rip higher once again. They had settled a bit after going ballistic on news of the Russian invasion of Ukraine in February.
In February it was The War News that caused the price spike. This time Euro gas prices are surging because supply is...
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...
Gold and I, we have a love/hate relationship. From mid 2019 - to mid 2020 -- I loved it. Since then, it has been a lot more hate than love.Over 30 years, I’ve stuck with gold through good times and bad (apart from stop losses that is).I have tried...
