Saving for retirement with a well-diversified RRSP portfolio will enable your financial goals to come to life under different economic scenarios, as the benefits of diversification work their magic.One sector that is a safe, diversifying anchor in a portfolio is the gold sector.The U.S. dollar is strongly correlated to movements in gold prices. As the U.S. dollar rises, the price of gold falls, as...Read More
The following three TSX index energy stocks have questionable value at the moment from market ratios that are slightly too high to a lack of data that makes inherent value hard to analyze. However, from uranium to big-name utilities, these stocks are worth holding in a portfolio based on other aspects of their data, from strong track records to positive outlooks.Cameco (TSX:CCO)(NYSE:CCJ)This uran...Read More
The stock market has been rising relentlessly since Christmas, riding on a crest of increasingly bearish economic reports. Maybe the hedge fund algos are anticipating that the Fed will soon start cutting rates. Data indicates foreigners and retail investors are pulling cash from U.S. stocks. This for me implies that the market is being pushed higher by hedge fund computer algos reacting to any bul...Read More
He decided his best recourse would be to wind down its activities and return the funds under management to its investors.Read More
However RBC analyst Tyler Broda noted Vale's ability to draw down on stockpiles and tipped the Brazil-based miner would ship more tonnes into the seaborne market this year than in 2018, also pointing to the iron ore price easing. The benchmark 62% fines iron ore price is returning towards a record high due to recently-announced supply constraints, rising above US$90/t again yesterday to $90.1...Read More
Kirk WoodmanThe Islamic State in Iraq and Syria (ISIS) claims to have kidnapped and killed Canadian geologist Kirk Woodman while he was working in Burkina Faso, West Africa, according to published reports.Woodman's body was found on January 16, 2019, two days after his abduction by a dozen gunmen at a mining site operated by privately owned Vancouver company Progress Minerals.A report by Reuters n...Read More
The First Cobalt Refinery near the town of Cobalt, northeastern Ontario. Source: First Cobalt Corp.First Cobalt Corp. [FCC-TSXV; FTSSF-OTCQB; FCC-ASX) shares rallied sharply Wednesday April 3 after the company said it has successfully produced a battery grade cobalt suflate.The company said it achieved this result by using the First Cobalt Refinery flowsheet, a milestone that brings the company cl...Read More
Alamos Gold's 100%-owned Mulatos gold mine located 220 km east of Hermosillo, Sonora State, Mexico. Source: Alamos Gold Inc.Alamos Gold Inc. [AGI-TSX, NYSE] said Wednesday April 3 that its Mulatos Mine in Mexico produced its two millionth ounce of gold in March 2019. This milestone marks the end of the 5% net smelter royalty, representing a saving of approximately $65 per ounce at the current gold...Read More
Every young Saudi prince knows the story.The source of their family's oil wealth starts back during the 1930s, when a small group of wildcatters drilled the Dammam No. 1 well.It was the first oil well ever drilled in Saudi Arabia.And it turned out to be a dud.So was the next. And the next. And the next.You get the point.For these early drillers, the seventh time was the charm.On December 7, 1936,...Read More
When the first humans settle on Mars, what if their homes were not built but printed?That's the question being posed in the latest NASA Centennial Challenge, pitting teams from industry and academia to design and 3D-print habitats using materials that can be found on the Martian surface."The great thing about 3D printing is trying to make it as autonomous as possible," said Grant McHargue, a senio...Read More
A Colorado School of Mines graduate student got an unique inside look at the World Economic Forum as a member of the team that produced the global organization's 2019 report on the energy transition. Steve Dahlke, a PhD candidate in the Mineral and Energy Economics program and a Payne Institute Research Fellow, was among the core team that produced "Fostering Effective Energy Transition 2019," wh...Read More
The following is an edited Investment Update from the World Gold Council. For the full report, visit www.gold.org.The latest U.S. Federal Reserve Open Markets Committee meeting on March 20 confirmed market expectations that the Federal Reserve (Fed) will remain on hold for the rest of the year. This, in turn, will likely influence gold's performance. Our historical analysis shows that when the Fed...Read More
American Lithium (TSXV: LI; US-OTC: LIACF) has confirmed lithium mineralization at its TLC claystone project near Tonopah, Nev., during its ongoing 18-hole, 1,600-metre drill program.The company cut 1,08 parts per million (ppm) lithium over 36.4 metres from 27 metres downhole; 994 ppm lithium over 42.7 metres from 41 metres downhole; and 934 ppm lithium over 44 metres from 24 metres downhole. All...Read More
Results from 34 holes drilled at Osisko Metal's (TSXV: OM) Pine Point camp, on the south shore of Great Slave Lake in the Northwest Territories, intersected near surface, high-grade zinc and lead values.The holes were drilled in the project's East Mill Zone with highlights from EM-18-PP-226, which intersected 6.3% zinc and 6.6% lead over 8.8 metres for a lead-zinc equivalent grade of 13%, from 30...Read More
Two years ago - nearly to the day - I wrote to you about how to create your own marijuana exchange-traded fund (ETF).Heeding that advice would've netted you thousands of percent by now.At the time, there were no weed ETFs that focused on the recreational side of the market in Canada or the U.S. It was illegal in either country.Undeterred, we offered you a list of stocks poised to deliver rapid pro...Read More
"$SNH - Senior Housing Properties Trust (SNH) Restructuring of Business Arrangements with Five Star Senior Living Conference Call (Transcript) https://t.co/HQl8nq4RDL"Read full newsRead More
"$SBS - Companhia de Saneamento B??sico do Estado de S??o Paulo - SABESP (SBS) Q4 2018 Results - Earnings Call Transcript https://t.co/shRmVf3VzR"Read full newsRead More
Jordan Roy-Byrne CMT, MFTAStop me if you've heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let...Read More
By: Ira EpsteinGold bias is down, bouncing around here:Read More
The timing of Lyft's IPO last week could not have been better for Wall Street insiders, since they will have an opportunity to unload their shares into a veritable orgy of greed and ignorance. The stock market looks unstoppable at the moment, and it is making Lyft's $24 billion valuation seem somehow less absurd. Just four months ago, when shares were in the throes of what many of us mistook fo...Read More