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June 22, 2018 | Doomsday = Diversification Day

I’ve written about how to prepare for a stock market crash and use it to your advantage. Basically, we heed the warnings, take any necessary lumps, go to cash—and prepare to buy when there are stupid-cheap prices on great assets. Doomsday But come Doomsday, what would I actually buy? At the risk of cementing the […]

June 20, 2018 | What To Do When the Market Crashes…

One of the most frequent questions I’ve had over the years is what would happen if there were a major market crash. What should we do if there’s a 2008 or 1929 level of disaster? I’m sure all investors have this question lurking at some level or another of their thinking, especially after 2008. But […]

June 19, 2018 | Dr. Copper’s Forecast Is Looking Good

I’ve been writing for years that copper is headed for a major structural supply deficit. Governments in major copper-producing countries are strangling supply, and it’s getting more difficult to permit new copper mines everywhere in the world. Even a global economic meltdown would only delay the coming supply crunch temporarily. The escalating global trade war […]

June 18, 2018 | Flow Through: What’s In It for You?

You don’t have to go to Hollywood to make a movie, but it’s a great place to put a movie project together and finance it. Similarly, you don’t have to go to Canada to launch a natural resource project, but it’s a great place to do it. It’s often said that about 80% of the […]

June 16, 2018 | Gold Crash—What’s Going On?

You probably don’t need me to tell you that gold’s taking it on the chin today. The important question is: what comes next? I always tell readers I have no crystal ball—and that they should run from anyone who tells them they do. But that doesn’t mean we have no information on what’s going on. […]

June 15, 2018 | Reality Check with an Oil Patch Analyst

I’ve explained my reasons for staying on the sidelines of the oil and gas market several times. But, as Ayn Rand advocated, I like to check my premises. So I decided to interview an oil and gas expert I know from my Casey Research days, Chad Champion of The Champion Investor. NOTE: I didn’t tell […]

June 12, 2018 | Uranium: Are we There Yet?

Uranium prices are up a good 10% over the last month, with the latest quote at US$23.50. Stocks in uranium producers like Cameco (CCO.TO, C$15.53) are up in proportion. Uranium exploration stocks are up even more: Fission Uranium (FCU.TO) and Nexgen Energy (NXE.TO) have leapt over 18% from their May 31 closes. Does this mean […]

June 9, 2018 | A Painful Lesson

Today I took a 50% loss on what had been my largest speculation for years. This was the gold stock fund I bought when my former employers required me to sell all my stocks near the market bottom in 2015. Well, not all of them… just the ones that were in the newsletter I wrote […]

June 4, 2018 | Land Bank Plays

A land bank is a company that buys large mineral deposits when prices are way down, making them uneconomic. This puts them on sale for pennies on the dollar. A project can even be picked up for free, if the previous holders drop it. The land bank company can then stake claims over the deposit. […]

June 3, 2018 | Italy, Gold, and Volatility

Wall Street took a beating today, as did markets in Asia—and Europe, of course. It was political turmoil in Italy that sent waves of uncertainty sweeping around the world. For what it’s worth, I don’t know anyone in finance in Europe who thinks the EU will break up. I do know American observers who’ve been […]