Amazing Finish to October’s Contest!

What a whirlwind. There is no easy way to describe the markets these days… Gold continues to fade away, declining for the 7th consecutive month – its worst losing streak in 40 years, while the Dow just put up its best month since 1976! As is always the case, no matter if we’re in a […]

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Capital Flows Tell the Real Story

Investors would be wise to watch the capital flows for all the market technicals, and countless metrics traders pour over. The simple statistic shows where investors and countries are moving their money. Capital flows between countries show which currencies are experiencing an inflow or increased demand and which are experiencing an outflow or decreased demand. […]

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The Silver Market Could Have Supply Issues…

silver demand

According to Metals Focus, global silver mines produced more of the precious metal in 2013 than they did in 2021… Global mine production of 26,293 tons in 2013 to 25,587 tons of silver in 2021, shows the needle hasn’t moved much over the last decade. If it wasn’t for silver recycling, we would be in […]

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Are Mortgage Rates in the U.S. Heading for 10%?

soaring mortgage rates are crushing the real estate market

Mortgage rates top 7.2% as 10-year yields soar and the leveraged panic. Welcome to October 2022. George Gammon is now forecasting mortgage rates north of 8% by the end of 2022. And he goes on to say that even 10% mortgage rates by the end of this year are possible. ABC News reported last week […]

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Financing and Liquidity Crisis Hit Venture Capital Markets

venture capital is drying up in Canada

Venture capital is a tough racket. When liquidity dries up, valuations plummet, investors panic, and small and micro-cap stocks can go to zero. Moreover, they are often the first asset class to fall in a recession as investors shun their inherent risk. One look at the amount of capital raised on Canada’s TSX Venture Exchange, […]

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Micronta Selects Dot-com Darling to Win September Stock Challenge

Pinnacle Digest's Stock Challenge Champion

Storied member ‘micronta‘ has captured the crown once again, winning September’s Stock Challenge. The long-time member selected little-known Theglobe.com (OTCPK: TGLO) which took off in the last ten days of the month – gaining 229% in September. It’s also worth noting that micronta is currently ranked as #1 in the all-time rankings of Stock Challenge […]

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The New Canadian REE Opportunity

REEs are made in Canada

Late in the spring, Canada began supplying the world with rare earth elements or REEs for the first time ever… Products from Cheetah Resources’ Nechalacho mine in the Northwest Territories (Canada’s first rare earth mine) set sail for Norway, en route to the company’s customer for further processing. Per Cheetah Resources’ David Connelly, as reported […]

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U.S. Healthcare Stock Outperforms as Market Craters

Akumin and Reconnaissance Energy Africa top September Stock Challenge

The TSX Venture remains highly volatile, along with all other major indices this month. However, despite the ups and downs, at mid-month the Venture is nearly at the same level it was on September 1st. So, to see many members massively outperform the markets, despite the volatility and overall flat performance thus far, is impressive. […]

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The Hydrogen Option

Suncor announced in April that it would be getting rid of its wind and solar assets – after two decades of being involved in renewable energy production – leaving many astounded. Greenpeace chief energy strategist, Keith Stewart, labeled the move as akin to “buying Blockbuster stock the day Netflix launches an IPO.” Stewart’s analogy was […]

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IPO Financings Drop 91% MoM, 40% YoY on TSXV

Canada's IPO Market is dropping like a stone

Financing data for August is in, and the one data point I can’t get over is the decline in IPO financings. Canada’s IPO market is in serious trouble – from the TSX to TSX Venture. The Venture saw $3.7 million in IPO Financings raised in August – a drop of 91% from July’s $44.8 million. […]

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