Many a frustrated junior resource investor is asking when will the pain end?
It is one thing to be entirely wrong on the market, it dents the ego and you get over it. It is quite another to be right and still not make any money! That’s been the case for most junior resource stock investors.
With […]
There is one path in investing that is sure to lead to ruin. It’s a dangerous path because it lacks one critical ingredient for success – thought! The path we are speaking about is called “following the consensus”.
It is both intellectually and emotionally easy to follow a majority of bullish analysts. Unfortunately the ‘consensus’ […]
A fundamental question we get asked a lot is whether forecasting is of any use whatsoever? We think it is, and offer up an intriguing comparison between Australia’s current economic situation and the road the US is going down — to its detriment.
Is forecasting any use whatsoever?
Let’s face it, it’s hard enough knowing what mood […]
Countless arguments have been put forward to explain the disconnect between commodity prices and commodity stocks. Regardless of the reasons, it is now clear that investors need to own a mixture of both. Underlying Commodities through exchange traded funds and commodity stocks.
Take Gold for example, the Gold mining equities have not been this low relative […]
In our experience, for any serious move to get underway, the Bond, Commodity and Equity markets have to be aligned. That is about to happen shortly…
I’ve had the good fortune of meeting many Excellent Investors. Some were equity men and women, others were commodity and still others fixed income. I’ve also met a few […]
There is an old market saying that nobody rings a bell at the bottom.
Case in point, the industrial metals complex. Whilst the entire world has been fixated on slowdowns, recessions and deflations, a funny thing has been happening down at the London Mercantile Exchange.
Chart 1 - Copper prices perking up
Chart 2 - Aluminum rising strongly
Chart […]
We have received a number of emails asking us to explain what a junior miner is and why they remain so undervalued with Gold at fresh all time highs?
There is no ‘official’ definition for a junior but it is generally accepted to be a mining company producing 50,000 to 150,000 ounces per annum (or less […]
Juniors will move once a stock market bounce gets underway:
Whilst we spend most of our time talking about Gold in US Dollars we often fail to recognize that this is truly a global business.
Chart 1 - 2006 Gold Production courtesy Gold Links
The Gold Sheet Links show South Africa as the top Gold producer in 2006, […]
Large Cap Gold Stocks are up over 20% since their December lows. Does it mean that it’s too late to jump onboard? Hardly, we think a lot more upside awaits if you know where to look…
In this business the best acknowledgement you can receive is being called a good investor. Whilst it doesn’t sound like […]
Gold Stocks are up 1,000% since 2000 and Oil Stocks 300% since 2003. Yet the public remains conspicuously absent. Not for long if the Fed has anything to say about it…
Around the end of 2005 a funny thing started to happen!
Chart 1 - Homebuilders have CRASHED
The once HOT homebuilding stocks failed to better their highs […]
How worried should we be? Gold stocks and the stock market continue bleeding (although Gold Stocks have stage a mini-recovery). Not a day goes by without a fresh cash injection by some central bank or sovereign fund. Where can we invest a) safely and b) to profit from the volatility?
Let’s see?
• […]
Even to the casual observer it’s now apparent that the financial world is one giant see-saw. On the one side of swing is the once Almighty Dollar and on the other side is every other investable asset class.
Wherever the Dollar goes in 08, stocks, bonds and commodities will head the other way.
Call it the […]
How worried should we be? Gold stocks and the stock market continue bleeding. Not a day goes by without fresh cash being injected by some central bank somewhere. Where can we invest a) safely and b) to profit from the volatility?
Let’s see?
• We’ve had Treasury Secretary Henry Paulson’s plan to freeze interest rates […]
Gold is truly the schizophrenic of the investment world. The worse the market looks, the better the fundamentals underlying Gold and the harder Gold and Gold Stocks sell off.
Let’s start with the fundamentals:
• The Yield Curve continues to widen as short rates come down faster than long term rates - investors are rushing to the […]
Gold is truly the schizophrenic of the investment world. The worse the market looks, the better the fundamentals underlying Gold and the harder Gold and Gold Stocks sell off.
Let’s start with the fundamentals:
• The Yield Curve continues to widen as short rates come down faster than long term rates - investors are rushing to the […]
As market practitioners we are more concerned with the markets reaction to news than the news itself. Yesterday’s announcement that Variable Mortgage resets could be frozen for 5-years is telling in that regard.
During the 1980s the international community got fed up with South Africa’s Apartheid policies. Their response was to punish South Africa economically […]
We’ve been puzzled by the Bond markets performance in the face of a highly inflationist Fed. Where have the bond Mavens gone?
When it comes to markets we deal in probabilities. At any given time, there are multiple factors affecting the market, some bullish, some bearish. It’s up to the subjective judgement of the analyst to […]
Market to Fed: Don’t fight the tape!
Well seasoned traders know that for any trade to work, to work big, that trade needs to be in synch with primary trend of the market.
Now clearly the Fed is a not for profit enterprise but their well healed trading houses should have know better. For months we have […]
The battle for 12,850 continues!
We’re writing this article on Wednesday, 21 November 2007 at 11am. By the time you’re reading this article the battle for 12,850 on the Dow might be over. Once this last line of defence gives way the levees may fall.
So what’s so important about 12,850?
12,850 marks the closing low on […]
(NASDAQ: TSTF; Market cap: $16m; Shares Outstanding: 19m; Fully Diluted 20.5m)
Fundamentals:
Whilst we are overridingly bullish on resource stocks, we acknowledge that the constant flood of liquidity will cause other boats to rise as well. A mega trend we often hear about is the general aging of populations in developed countries. This has obvious bullish implications […]