Saudi Arabia had a tough weekend.Missiles were fired from Yemen into Saudi Arabia. The missiles were aimed at an airport outside of Riyadh, which is about 620 miles from Yemen. The Saudis used a U.S.-built Patriot surface-to-air anti-missile battery.Prince Alwaleed bin Talal, the familiar Wall Street billionaire, was arrested over the weekend on corruption charges. He was a big investor in early i...Read More
Government is a big insurance company. Except you can’t shop elsewhere for insurance. And their price is super high. And they threaten you if you don’t want to pay them. And the services they deliver are sub-par for the price. And you can’t itemize your “insurance” to only include the products you need. And often just when you need them most, you find out how incompet...Read More
Government is a big insurance company. Except you can’t shop elsewhere for insurance. And their price is super high. And they threaten you if you don’t want to pay them. And the services they deliver are sub-par for the price. And you can’t itemize your “insurance” to only include the products you need. And often just when you need them most, you find out how incompet...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’s an update on my latest trades for the week ending on November 3, 2017.Sold 25,000 shares of Hummingbird Resources (HUMRF) @ $0.4671/share Bought 2,050 shares of Novo Resources (NSRPF) @ $5.62/share Bought 10,000 shares of Pure Gold Mining (PGM.V) @ C$0.50/share Bought 2,000 shares of NexGen Energy (NXE) @ $1.88/share Sold 29,400 shares of Artemis Resources (ARV.AX) @ A$0.345/sha...Read More
On Thursday, President Trump announced he will nominate Jerome Powell for chairman of the Federal Reserve.It's a move that's likely to please banks and other financial institutions.Mr. Powell has been a Fed governor since 2012 and was a former Treasury official during the Bush, Jr. administration.But, unlike his predecessors, Powell is not an economist by training. Before joining the Treasury Depa...Read More
We found the difference between men and women. It took years of study, professional research, and a scholarly article to pinpoint the cause. Ready for the bombshell? Men have penises.Today we are going to delve into one of the lesser known ways men use their penises to oppress women.Physics.The government is always trying to entice more women into STEM fields: science, technology, engineering, and...Read More
We found the difference between men and women. It took years of study, professional research, and a scholarly article to pinpoint the cause. Ready for the bombshell? Men have penises.Today we are going to delve into one of the lesser known ways men use their penises to oppress women.Physics.The government is always trying to entice more women into STEM fields: science, technology, engineering, and...Read More
Two years ago, on December 18, 2015 - a date that will burn in the minds of every young Saudi Prince - Congress actually did something right.You may not have seen it coming, given the fact that at the time Congress had an 82% disapproval rating.But it happened.That was the day it voted to lift the 40-year oil export ban that was set in place back in 1975.WTI crude was trading right around $43 per...Read More
With the global shift towards sustainable living and environmentally friendly solutions, good natured Products Inc. (TSXV:GDNP) is poised for growth, writes Vasudha Sharma at Small Cap Power.Below is an excerpt and a link to the full article, which highlights the reason behind the recent rebrand, turning dirty plastic to green and the huge opportunity in a billion dollar market for good natured P...Read More
Cenovus Energy Inc's third-quarter adjusted profit beat Wall Street estimates on Thursday, as it benefited from the purchase of ConocoPhillips' Canadian oil-sands assets that more than doubled production.The Canadian oil and gas producer's total production jumped to 590,851 barrels of oil equivalent per day from 273,405 boed a year earlier.Cenovus paid $13.3-billion in March to buy ConocoPhillips'...Read More
Yesterday we caught wind of yet another interesting government pick by President Trump.It won't be official until later today, but it looks like Jerome Powell will be named the next chairman of the Federal Reserve (assuming, of course, that he is confirmed by the Senate).Powell is currently acting as governor of the Fed, working under Janet Yellen.And before you start cheering at the idea of Yelle...Read More
All throughout history, people have associated volcanoes with Hell.Or at least they've associated volcanoes with what we'd call "Hell" today - a fiery place of punishment and torment in afterlife.In the 16th century, when the Spanish conquered modern-day Nicaragua, they first encountered the Masaya caldera. They looked inside the fiery pit and, staring down into the burning abyss, they nicknamed i...Read More
At first glance, it might seem like some justice has finally been delivered.The Department of Justice has settled a class-action lawsuit brought by Tea Party groups from across the country. The government has admitted that what happened was a violation of rights.Back before the 2012 election, the IRS started scrutinizing certain non-profit applications more closely. Political organizations seeking...Read More
At first glance, it might seem like some justice has finally been delivered.The Department of Justice has settled a class-action lawsuit brought by Tea Party groups from across the country. The government has admitted that what happened was a violation of rights.Back before the 2012 election, the IRS started scrutinizing certain non-profit applications more closely. Political organizations seeking...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
I was told yesterday that the biggest hurdle for Tesla is making its vehicles cool enough for the public.I know that's wrong.Look, here's what it comes down to...The problem for billionaires like Elon Musk isn't convincing people to drive his electric vehicles, but whether or not he'll be able to make those EVs in the first place.For Tesla, it'll become a full-blown crisis in short order...And if...Read More
Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More
Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More
I imagine you're tired of hearing about Bitcoin. If you are, I have good news for youToday we aren't going to talk about Bitcoin. Instead, I want to take this opportunity to talk about other ways digital currencies are making waves. You see, when most people think about digital currency, they tend to put on what I call "Bitcoin Blinders."By that I mean there is so much buzz about the world's fir...Read More