Unfortunately, the stock market down-turn as I have been discussing from over 6 months ago is clearly happening and even though one would think Gold and perhaps Silver should rise, as I have said numerous times, Gold and Silver sell-off during bear markets. Now that we are in an equity bear market, Gold and Silver will continue to sell-off. Silver will not...
While Silver was looking promising for quite a while, the reality is (shockingly to all investors, 'experts' and traders), that the virus has essentially pushed the entire global economy into a recession (if not already, then imminently). While people can have a discussion about the 'severity' of the virus, the reality is, the severity of the virus has little to...
For those who have followed my ideas, I'm not "big" on shorting because in many cases its a gamble, risky, and you risk blowing your account. Sometimes you win big - and more often than not people get greedy and you end up losing all of your gains in subsequent days. However, In times of market distress where there's virtually nothing to invest in, it can make...
There's no question that the markets are in turmoil, and while the Coronavirus was "the thing" to start the bear market, in reality, it has nothing to do with the underlying technical issues, monetary issues and entire structural issues of the market, in particular, in the United States. The last decade we have seen record (artificially) low interest rates...
I posted quite a lengthy idea recently regarding my thoughts on Gold and where I believe Gold is going; to avoid repetition, I will attach the idea below for those that are interested in background analysis. As for JNUG, I believe within the next 10-14 trading days we may see JNUG explode to roughly $140 with only very small to small pullbacks. Towards this level...
Gold of course is long-term exceptionally bullish as I have noted in the past, however, I recommend in this environment people refrain from leveraging Gold and Silver and rather hold straight 1:1 bullion, and only buy leveraged funds off corrections. While in reality Gold should be near-term parabolic, the reality is, when equities tank violently, Gold falls...
With the virus well underway, and the USD still holding up reasonably well (for now), crude will continue its historic plunge to record lows. Sometime by the spring or summer of this year, I see crude being around $20-23 before stabilizing sometime in 2021 (remember: crude this low is NOT a good thing for world equities and stocks). This re-stabilization will...
Fortis is one of my favourite companies: after all, in an unstable environment that we are currently in, with a likely recession right before our eyes, investors should be seeking undervalued, defensive and dividend aristocratic stocks. I personally own about 2500 shares of the company and always looking to buy more. This is one of the few companies that has...
The US 10 Year and really, yields around the world, have plummeted to levels no one thought was possible. However, the unthinkable has become thinkable. I believe the US 10 year is likely only a week or so from 0.500 and if the Fed cuts rates again this month (as is likely), we could see 0 by the end of the month. The real question though is will the 10 Year stop...
Depending on the coronavirus news on Sunday Night into Monday, once again, we could see some selling pressure. However, it is also possible at some point during the week we could test 3022 and 3130 - whether over futures or during regular market. However, the kicker is that all rallies will be sold into until this virus is contained and its proven that economic...
The entire sector of energy has taken a beating over the last while and much of the sector remains incredibly undervalued; P/Bs in many cases are well below 1.5. In 2020 one of my top performing sector picks will be Canadian energy stocks, much moreso even than American energy stocks. The sector in Canada will be set to rebound from increasing oil prices and an...
As I have been noting for nearly 6 months (before anyone even saw it coming) , the yields in the US (and the entire world) are shooting lower and lower. I forecasted the US 10 year to go below 1.000 before Q2 2020 and that is exactly what we are seeing. The 10 year US yield is highly correlated with a belief on inflation, and an increase (or lack there-of) in...
Franco-Nevada is one of the best growth stocks in the entire stock market, especially at current times, in my opinion. I have been a huge fan of the company and have posted many ideas already regarding this excellent stock. This is a royalty company with very little operating cost and a royalty stream diversified amongst junior energy and PGMs but mostly Gold and...
It is now safe to enter longs in Gold and Silver. The recent sell-off in Gold for those following my ideas was due to massive 100:1 liquidity issues from equity losses (in margin accounts). As a result, highly liquid assets like utility stocks, Gold and Silver sold-off to cover for massive losses. The Federal Reserve just recently announced an emergency 50bps...
Dominos is probably the only actual restaurant company to buy aside from McDonalds. However, the virus will be put in prime-time spotlight instead of their solid earnings. Generally when gaps spike up like this and there is some calamity to bring the market down or the stock down, the gaps certainly fill, and often times even drop to major support. At this point...
A lot of people on the media are trying to "predict" bottoms by telling people to enter longs as if once the bottom comes we are going to surge to 35,000 on the Dow. This is the last thing you want do here. There are massive liquidity issues in this market right now in attempt to cover massive margin calls from stock losses. As a result, everything is selling off...
Normally, Gold and Silver are non-correlated to down-days in equities, such as the SPX. However, during times of an impending bear market, algo-bots seek out massive liquidity for epic margin call losses. This has nothing to do with Gold/Silver being safe-havens or not. This is everything to do with liquidity issues. In the time of the bear market of 2008, Gold...
There's no other way to say it and no one should deny it- so I'll be the first to announce formally that for the first time since this Gold run began since we broke 1350, I was completely incorrect on what would happen from the 1689 level. All technicals were completely blown off the face of the earth and every asset class plummeted and not just for the US, but...