At first glance, it might seem like some justice has finally been delivered.The Department of Justice has settled a class-action lawsuit brought by Tea Party groups from across the country. The government has admitted that what happened was a violation of rights.Back before the 2012 election, the IRS started scrutinizing certain non-profit applications more closely. Political organizations seeking...Read More
I was told yesterday that the biggest hurdle for Tesla is making its vehicles cool enough for the public.I know that's wrong.Look, here's what it comes down to...The problem for billionaires like Elon Musk isn't convincing people to drive his electric vehicles, but whether or not he'll be able to make those EVs in the first place.For Tesla, it'll become a full-blown crisis in short order...And if...Read More
Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More
Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More
I imagine you're tired of hearing about Bitcoin. If you are, I have good news for youToday we aren't going to talk about Bitcoin. Instead, I want to take this opportunity to talk about other ways digital currencies are making waves. You see, when most people think about digital currency, they tend to put on what I call "Bitcoin Blinders."By that I mean there is so much buzz about the world's fir...Read More
Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More
Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More
Canadian oil producer Cenovus Energy (TSX, NYSE:CVE) has named industry veteran Alex Pourbaix chief executive officer, effective Nov. 6.Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus' $17.7 billion acquisition of oil sands and Deep Basin assets from ConocoPhillips (NYSE:COP).Pourbaix, who worked at TransCanada Corp for 27 years, most recently hel...Read More
The Herd Buys at LastIn 2009, when I was recommending gold stocks that were trading below the amount of money they had in the bank, no one wanted to buy. These stocks went up more than 3,000%.Here we are eight years later, and finally your neighbors are dumping money into stocks. In the United States, equity funds brought in their largest inflows in six months.Reuters recently said that $7.5 billi...Read More
Constellation Brands (NYSE: STZ), the maker of Corona beer and Svedka vodka, has purchased a nearly 10 percent stake in Canopy Growth Corporation (TSX: WEED) for close to $200 million.Although this is the first time we've seen a major beer manufacturer enter the cannabis space, it won't be the last.The truth is, both the alcohol and tobacco industries are slowly entering the cannabis space because...Read More
Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More
Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More
Looking out for bargain gold mining stocks? The mining industry as a whole has worked diligently to keep costs minimal and valuations high. Even so, more than a few gold miners are only priced at "bear market extremes". Contributor Mike Kachanovsky shares one of his undervalued Canadian gold stocks. In a perfect world, a junior mining company starts off a promising exploration project with ambitio...Read More
Home solar panels can drastically cut or even eliminate electricity bills, reduce a home's carbon footprint, increase resale value, and may even help a home sell faster.The cost of rooftop solar systems has fallen dramatically in recent years, and most homeowners have the option of buying the system, leasing it on reasonable payment terms, or having a third-party pay for and install the system at...Read More
Have you seen these types of articles? They say, “Why You Need To Stop…” and then fill in the personal preference of the author. They tell you all the things you need to stop doing in order to be a politically correct, castrated, unimposing social automaton.Why You Need to Stop Reading Barstool Sports. It’s because the author is offended by barstool sports, and thinks it is...Read More
Have you seen these types of articles? They say, “Why You Need To Stop…” and then fill in the personal preference of the author. They tell you all the things you need to stop doing in order to be a politically correct, castrated, unimposing social automaton.Why You Need to Stop Reading Barstool Sports. It’s because the author is offended by barstool sports, and thinks it is...Read More
"Good morning! I hope you're having a good day!""Who are you talking to?" asked the friend I was driving to work the other day.I pointed forward through my windshield. Ahead of us on the highway, maybe two or three cars away, was a beautiful cobalt blue Tesla Model S."Do you know them?" she asked.I shook my head. "Nope. I just hope they're having a good day. I mean, they've almost got to be, right...Read More
While worries of the recreational market are fixated on distribution and price of dried cannabis, many industry experts fear a shortage of LPs licensed to also produce and sell cannabis oil will leave the market undersupplied.The regulatory system is not structured to solely license companies exclusively focused on oil extraction: "The way the system is set up is that it is a complete seed-to-sal...Read More
Here’s an update on my latest trades for the week ending on October 27, 2017.Bought 3,000 shares of NexGen Energy (NXE) @ $2.10/share Bought 9,000 shares of Erdene Resources (ERDCF) @ $0.5126/share Sold 5,000 shares of Garibaldi Resources (GGI.V) @ C$4.85/share NexGen EnergyUranium is hated right now, which is good for anyone who wants to hunt for deep value discounts… The problem,...Read More
I don't make it a habit to argue with my readers.Unfortunately, sometimes it's unavoidable.This morning was one of those times, and it all started with a simple message sent via Twitter."Musk is such a great guy, just look at the good he's doing; the guy can do no wrong," he told me.At first, I'll admit it was hard to disagree with that sentiment.After all, it was only a few days ago that we learn...Read More