Commodities are a hot topic these days, far beyond just these pages. But chances are, for most investors the mention of the word commodities conjures up images of gold, copper and maybe iron ore. There’s a whole class of vital commodities that are off most people’s radar: rare earth… Read More
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If not for the seriousness of the situation it would be comical how the popular press manages to put a positive spin on things these days. CNN and other media outlets are cheering the surprise 0.5 percent increase in retail sales in May. That headline number certainly looks good on… Read More
Gabriel Resources (GBU.TO) just announced a C$100 ($88 million U.S.) capital raise through a public offering in conjunction with a private placement with two of its largest shareholders, Electrum Strategic Holdings and Paulson & Company. Investors soured on the idea of the common share offering, driving the stock price down… Read More
Buy Ivanhoe Mines (IVN).Ivanhoe Mines (IVN) is a development-stage mining company that holds great promise. The $2 billion market cap company owns a number of properties around the globe but its crown jewel is the Oyu Tolgoi project in Mongolia. The company has been working for five years… Read More
Sell your position in Royal Gold (RGLD) at the market price. While the shares of Royal Gold (RGLD) have made good money for us, the stock has been somewhat of a disappointment, lagging most gold shares since early February. The stock trailed its peers in large… Read More
Try as we may, we cannot find a case, other than today, in which the economy was weak and energy prices were rising rapidly. While the focus of this service is on resource-oriented stocks, with the economy so fragile we just can’t get too excited about the current upswing… Read More
Sell your position in Barrick Gold (ABX). In its place, buy ASA Limited (ASA). We added Barrick Gold (ABX) last fall, just as the overall stock market was starting to crater. The move was a good one. Barrick is a premier gold company with a solid production profile… Read More
NovaGold Resources (NG) There’s a growing consensus that with the government signaling its intention to do whatever it takes to prevent a collapse in our banking system ($12 trillion and counting) the economy will soon start to recover from the worst economic contraction since World War… Read More
Recently I appeared on a TV talk show panel in which viewers were encouraged to write in with questions. One of the questions that came up was something to the effect of, “What should I do with my spare income, pay down debt or add to savings?”… Read More
NovaGold Revisited Our portfolio holdings include a wide array of precious metals plays, ranging from blue chip names to development-stage junior miners. The blue chips will make good money with rising metals prices, but we’re holding them in large part for safety sake. The junior miners,… Read More