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
Timing the Market and Equity Clock founder, Don Vialoux says the season for investing in gold and silver is now (especially silver). He lists his two recommendations for gold and silver exchange traded funds. Meanwhile, he warns readers to against investing in retail stocks.Seasonality-focused financial analyst Don Vialoux is of two minds on today's long bull market and particularly concerned ab...Read More
Electric vehicle adoption is pushing up demand for rare earth elements (REEs), according to contributor Mike Kachanovsky. As of now, he says, China controls most of the global supply. However, large deposits are in mining-friendly Quebec. This leads him to conclude that a bargain mining stock could be a powerful Canadian growth stock.The group of elements known as rare earths is of interest to ind...Read More
Here are two Canadian metals and mining stocks that we rate 'buy'. One is a recovery play based on the entrepreneurial skills of its 37.5-per-cent owner and its current price being well below book value. The other is a well-managed integrated mining company whose activities include exploration, development, processing, smelting, refining and reclamation in Canada, United States, Chile and Peru.Sha...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
Stock market speculators should continue to work in Canadian oil and gas stocks and precious metals stocks. Gold, silver, oil and natural gas are all in long-term up trends right now. And, the Canadian dollar is also in an up trend. Behavioural finance analyst Ken Norquay lists 25 stocks he favours for speculators right now.The aging American bull market survived yet another test. Statistically, S...Read More
At this silver mine it apparently pays to get the lead out. Investor's Digest of Canada columnist Mike Kachanovsky has found a silver mining stock with enough revenue from its byproduct zinc and lead production to entirely offset all mining costs, so that the company is expected to achieve 'negative' costs on a per-ounce basis for its silver production. Most investors look through the wrong end of...Read More
Four times a year The Investment Reporter reviews its outlook for the economy's five main sectors-financial, utilities, manufacturing, consumer and resources. Its guiding rule is that investors keep at least 10 per cent-but no more than 30 per cent-of their portfolio in each of those five sectors.It's best to diversify your stock portfolio across the five main sectors of the economy: finance, util...Read More
Seasonal financial analyst Don Vialoux says precious metals and their mining stocks generally reach a seasonal low in July and pick up speed again until late September. Cyclical stocks usually hit seasonal lows in October, which makes them a good place to invest after cashing out of short-term trades on precious metals.Whatever is responsible, according to seasonal investing website equityclock.co...Read More
Mining stocks and oil and gas stocks have compelling valuations right now which makes a specialty fund such as RBC Global Resources attractive. If you'd rather track a broad index, then exchange-traded funds or index mutual funds may be better for you. TD Bank's e-Series offerings remain our favourite index mutual funds.There's a case to made for investing in resource stocks right now. Oil and gas...Read More
Cyclical investing works if the timing is right. The key question is: "Is this the right time?" Our current expansion (begun in 2009) is getting long in the tooth. Sectors that typically lead the market later in an expansion include the capital goods sector including manufacturing stocks, basic materials including mining stocks, gold and precious metals stocks and energy stocks.The standard defini...Read More
Junior mining stock analyst Mike Kachanovsky reveals a zinc mining stock that he says combines able management, a prudent acquisition strategy and competent operating strength at a strategic moment in world-wide zinc markets.I am a mining guy, and feel very comfortable holding a large chunk of my portfolio in resource stocks. That typically involves a large weight towards precious metals, but some...Read More
Rising interest rates have historically benefitted cyclical securities like mining stocks, fertilizer stocks and gold stocks. The Money Reporter picks a mutual fund with broad exposure to the sector, a fund more narrowly focused on mostly gold stocks and a small cap mutual fund which may benefit from a strengthening stock market.With the Bank of Canada bent on raising interest rates, materials sto...Read More
A recent MoneyLetter survey of published securities analysts' reports on junior mining stocks found three precious metals penny mining stocks with interesting gold and silver prospects.SilverCrest Metals Inc. (TSXV-SIL) has discovered another high-grade vein at its Las Chispas silver and gold mining project in Mexico. Named Giovanni, this vein has defined dimensions of 400 to 500 meters along stri...Read More
The S&P/TSX hasn't shared in the current strength of global stock markets. In fact, the Toronto market has lost ground since it reached an all-time high in February. Only a few industry sectors are responsible for the weakness. But Canadians' proclivity for home country investing keeps many at home and away from the party.The rally in world equity markets that investors have enjoyed this year cont...Read More
Our Investment Planning Committee has upgraded Canadian mining stock Teck Resources to a 'buy'. Its shares are better priced and its earnings are expected to jump as the global economy grows faster. Resume buying Teck for long-term capital gains and small dividends.Our Investment Planning Committee has upgraded Vancouver-based mining stock Teck Resources (TSX-TECK.B; NYSE-TECK) to a buy. Resume bu...Read More
Many a gold stock's headquarters are situated in a safe, stable country, but its mines may be located abroad and exposed to the downside of some less developed jurisdictions around the world. But Agnico Eagle Mines, headquartered in Toronto, offers strong production growth in stable political jurisdictions, a solid balance sheet and quality management.Gold stocks have outperformed the overall mark...Read More
When you buy stocks in sectors and sub-sectors of the market, keep your portfolio balance goals in mind. If you're a conservative, income-seeking investor, focus on utilities, financial and consumer stocks. If you're aggressive, buy more manufacturing and resource stocks.As a general rule, we advise you to keep at least 10 per cent-but no more than 30 per cent-of your equity portfolio in each of t...Read More
Liberty and Finance, Released on 3/24/23Bill Holter joins us to discuss the recent bank failures in the U.S. and abroad. In two-weeks, seven banks have come into the spotlight: Silvergate, Silicon Valley Bank, and Signature Bank failed; Credit Suisse was taken over by UBS; First Republic and Deutsche Bank have faced significant issues. This is just the tremor before the earthquake, Holter says.0:0...Read More
WTFinance, Released on 3/24/23During our conversation we spoke about the current banking crisis, how this could lead to a debt meltdown, what this means for personal freedom and how you can protect your wealth during such a situation. I hope you enjoy!0:00 - Introduction0:15 - What is Greg's opinion on the banking crisis?2:40 - US regional banking system is unique3:35 - Consolidation of the bankin...Read More
Kitco News, Released on 3/24/23Edward Dowd, Founder of Phinance Technologies and former BlackRock fund manager, and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve's latest rate hikes, and why Dowd thinks Fed Chair Powell will be "forced" to cut rates by June of 2023, leading to a "controlled implosion" of the banking sector. Dowd forecasts that as banks...Read More