Is Welfare Capitalism the Future?

panoramic aerial view of helsinki

Canada, like many countries, is at an economic and societal crossroads — the choice between conventional and welfare capitalism (i.e. the Nordic model). Via Financial Post, Canada recorded its largest ever drop in natural resources employment in the second quarter, as the COVID-19 pandemic caused commodity prices to plummet and close to 43,000 workers lost […]

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Will the Market Correction Continue?

tech stocks under pressure

According to Lyn Alden, “Equities by most metrics are very expensive. But, actually compared to Treasury yields, they’re not that expensive at all.” Tuesday was another frightening one for speculators long tech stocks on the Nasdaq, which fell 4%. As the markets continue to crater, some investors are hiding in the relative safety of gold. […]

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Member ‘traderguy’ Takes Over August 2020 Stock Challenge

Cover for Week 1 of the September 2020 Stock Challenge

Let the games begin! Member ‘traderguy’ is leading this month’s Stock Challenge with a return of 103.27%, followed closely behind by second place member ‘Barry Pynn’ (98.06% return) and third place member ‘Atlevan’ (37.43% return). The returns of traderguy and Barry Pynn are pretty phenomenal, considering that most of the Top 10 has returns in the […]

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An Unintended Consequence of the Junior Gold Boom

man tipping over dominos

It’s clearer than ever before that gold moves the TSX Venture. Fueled by gold’s rise, the TSX Venture – which is home to over 900 mining/exploration companies, the vast majority of which are junior gold miners – soared from a March low of 338.80 to a high of 761.84 this month, marking a gain of […]

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Gridlock in U.S. Fiscal Policy Could Suppress Gold

gridlock traffic in the united states

After pushing into uncharted territory above US$2,000 an ounce, gold faced significant selling pressure last week, closing as low as US$1,921.16. While many were expecting a retraction of some kind in the price of gold, investors witnessed a bizarre twist before the week was over; Warren Buffet’s Berkshire Hathway Inc. disclosed on Friday it had […]

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Member ‘bob parker’ Pulls Ahead in August 2020 Stock Challenge

Cover for Week 2 of the August 2020 Stock Challenge

This month’s contest is night and day compared to July so far… While numerous contestants had achieved triple-digit returns at this point in last month’s contest, the same cannot be said for August. Member ‘bob parker’ is currently in first place with a return of 44.21%, followed by member ‘avispa’ in second with a return […]

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Gold Closes Above $2,000 – Pullback in Gold Stocks Overdue?

higher gold prices spark rush into gold equities

Higher gold prices have many gold stocks trading at their highest levels since the beginning of the last decade. David Erfle, a professional mining investor, talks about how to value junior gold stocks. The interview took place on August 3rd, one day before gold rocketed to a record close above $2,000 an ounce. Gold was […]

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Member ‘Rainendown’ Wins July 2020 Stock Challenge

Rainendown wins the July 2020 Stock Challenge

And with that, the July 2020 Stock Challenge has come to a close! Congratulations to our newest Stock Challenge Champion, member ‘Rainendown’. Rainendown took home first place this month with a record-breaking return of 356.13%, catapulting him to the top of the All-time Stock Challenge Champs leaderboard. While it’s clear he blew most of this […]

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TSX Venture Rockets Above 700 as Gold Hits All-time High

tsx venture is taking off like a rocket

Fueled by gold closing at an all-time high of US$1,941.92, the TSX Venture appears to be breaking out of its 2018 doldrums, closing at a 1-year high of 709.11 today. It should be interesting to see where gold (and by extension, the TSX Venture) head this week, given that the yellow metal almost breached US$2,000 […]

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The Meteoric Return of the TSX Venture Index

tsx venture index soaring on higher gold and silver prices

The TSX Venture index is having one heck of a summer so far, thanks in large part to gold’s bull market. It very much reminds us of the summers of 2009 and 2011. No exchange benefits from a gold bull market like the TSX Venture. More than half of its issuers call the resource sector […]

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