Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Markets have hit some resistance as the weather has warmed and seasonality is a likely catalyst for the correction. The S&P/TSX Composite Index has found resistance just above 14,000. Technical analyst Brian Hoffman names two gold stocks that may be ready for a pullback and one that may still have some room to run.There's some merit to the investment strategy "Sell in May and get out of the way"....Read More
Beautiful young trophy prospect seeks wealthy established senior partner. Yes, but maybe not quite what you may be thinking. Mike Kachanovsky reports on junior mining stock projects. He recently told Investor's Digest of Canada subscribers about an alluring rare earth mining stock that just may have the seductive assets to attract a big cheque from an established senior partner.Several years ago,...Read More
Since the U.S. Federal Reserve's 1913 creation, gold has retained its purchasing power while the U.S. dollar is worth 98.2 per cent less. Nick Barisheff, president and CEO of Markham, Ont.-based Bullion Management Group Inc., is an author, speaker and financial commentator on precious metals and current market trends. He examines the choice between owning gold bullion or gold stocks.For thousands...Read More
The price of gold has recovered somewhat so far in 2016. While you might hold a little gold for diversification purposes, remember its disadvantages.Gold has been trading above US$1,250 an ounce. But this is far below the peak price of $1,908 an ounce on August 22, 2011. Then again, the price has recovered somewhat and is expected to average $1,225 an ounce in 2016.One factor working against gold...Read More
Potash Corp. has temporarily halted production at two mines in order to reduce overall output by about 400,000 metric tonnes. Capstone Mining began laying off employees at its Minto mine in the Yukon in preparation for a shutdown. Based on the Investor's Digest of Canada survey of stock analysts' advice on more than 1,000 Canadian companies, analysts seem to approve of the measures. Both mining st...Read More
Chartered Market Technician Don Vialoux combines technical, fundamental and seasonality analysis to predict that Canadian metals and mining companies and U.S. industrial companies are set to rise this spring. He names 2 exchange-traded funds that are best suited for Canadian investors to profit from the trend.Like anyone else, longtime analyst Don Vialoux cannot say for sure what the sky will do o...Read More
Your best long term strategic investment plan is to balance your portfolio across the five main sectors of the economy: finance, utilities, consumer products and services, manufacturing and resources. Each of these broad sectors is made up of sub-sectors that often have different market outlooks.When you buy stocks in sectors and sub-sectors of the market, keep your goals in mind. If you're a cons...Read More
Chartered Market Technician Don Vialoux combines technical, fundamental and seasonality analysis to predict that Canadian metals and mining companies and U.S. industrial companies are set to rise this spring. He names 2 exchange-traded funds that are best suited for Canadian investors to profit from the trend.Like anyone else, longtime analyst Don Vialoux cannot say for sure what the sky will do o...Read More
The price of gold seems stuck at low levels with no recovery in sight. While you might hold some gold stocks for diversification purposes, remember gold's drawbacks.Gold trades at US$1,173 an ounce. This is far below the peak price of $1,908 an ounce it reached on August 22, 2011. Then again, the price has stabilized and is expected to average $1,200 an ounce in 2015.Five reasons to avoid gold sto...Read More
We regularly review Toronto-based Labrador Iron Ore Royalty Corp. Since we published our June 5 issue of The Investment Reporter, this mining stock's shares continued to decline over the summer.We've always liked Labrador Iron Ore Royalty Corporation (TSX?"EURLIF). Even so, we've downgraded its shares to a 'hold' for several reasons.First, Labrador Iron Ore's dividend could be at risk. This year's...Read More
Resource stocks should make up at least 10 per cent of your portfolio. Buy those likely to maintain or raise their dividends. Buy companies that profit from lower commodity prices. Many resource stocks have dropped. Consider oil. The price of oil has recently plunged again. This exacerbates the pain of oil and gas stocks, of course. Commodity prices are notoriously unpredictable and difficul...Read More
The resources sector of the Canadian market has plunged over the past year. Even so, there are profitable, dividend-paying resource stocks that The Investment Reporter includes amongst its best buys for income and growth. Among top Canadian mining stocks, Potash Corp. earns significantly more than its dividend and has a favorable long-term outlook. Saskatoon-based Potash Corp. of Saskatchewa...Read More
Headquartered in Toronto, Barrick is one of the world's largest gold mining companies boasting operations in Canada, the U.S., Chile, Argentina, Zambia, Australia and Saudi Arabia. Jorge Beristain, a New York-based analyst at Deutsche Bank Securities, says Barrick management has made a good start at debt reduction, but more fat needs to come off.Barrick Gold Corp. (TSX?"EURABX; NYSE?"EURABX) is ti...Read More
The TSX Venture Exchange is not your father's stock exchange. Elvis Picardo, vice president of research and portfolio manager at Global Securities Corp. in Vancouver, notes that instead of being dominated by junior Canadian stocks, the Venture Composite Index now reflects a much more diversified cast.Just in case you haven't yet noticed, the S&P/TSX Venture Composite index has been changing.And it...Read More
Freehold Royalties Ltd. is a dividend paying Canadian oil and gas stock based in Calgary. It owns mineral title lands in perpetuity. Its royalty interests are a major contributor to its operating and financial performance and are not subject to expenses such as operating and capital costs. Its assets generate income from crude oil, natural gas, natural gas liquids, and potash.We've upgraded Freeh...Read More
Conglomerates often get a bad rap for being a jack of all trades. But for investors seeking diversification, these multi-sector stocks can be just the ticket. That's the word from Edward Gardiner, a regular contributor to Investor's Digest of Canada and author of the book It Pays to Read the Boring Stuff: What the Ordinary Investor Needs to Know. And he says that rather than go out and buy a range...Read More
Credit Suisse analyst Anita Soni rates gold company stock Agnico Eagle Mines as likely to "outperform" its peers and she has set a 12-month price target on this top gold stock of $38USD a share. Eight other analysts surveyed by Investor's Digest of Canada also rate Agnico Eagle as a buy amongst the best gold stocks to invest in.Ammar Al-Joundi has spent the last 16 years shuttling between jobs at...Read More
Examine the risk-versus-reward relationship of a security before you take the plunge. Strategic investment planning starts with an honest appraisal of your own risk tolerance.There are many investments you can buy to increase your net worth. Your returns are usually determined by the risk-versus-reward relationship of these investments. That means the more risk you incur, the greater should be you...Read More
Analysts surveyed by Investor's Digest of Canada this month rated Goldcorp among the best gold stocks to invest in. Of the 11 analysts polled, nine rated this Vancouver-based company's mining stock a "buy" and two a "hold".Credit Suisse likes what gold stock Goldcorp Inc. (TSX?"EURG; NYSE?"EURGG) is doing at its Cerro Negro gold mine in Argentina. A good thing too, given the mine's potential. Not...Read More
There appears to be lots of cheer as the markets keep rising. But the 200-day moving average suggests this is a bear . . . in bull's clothing. Understanding institutional trading techniques can keep you focused on your own best long-term investment strategy.Here's a cheery rhymed couplet from Ken Norquay's investment book, Beyond the Bull, for anyone with an interest in the stock market. "Things a...Read More