Benjamin Graham, the “godfather of value investing” created an equation to calculate the maximum fair value for a stock, referred to as the Graham Number and any stock trading at a significant discount to this number would appear undervalued. [Here are the names of 18 such stocks.] Words: 1707
Read More »Gold Could Reach $25,000/ozt.! Here's Why
Gold trading at approx. $1,800 per troy ounce does not surprise me... because short-term traders jump in for the ride...Once they have a fundamental understanding of what the future holds, however, they could be instrumental in driving the price up to $25,000 - or more! Let me explain. Words: 772
Read More »Gold & Silver Company Warrants Warrant Your Attention (+2K Views)
Talk about a small world we live and invest in! The galaxy of warrants trading on the TSX/TSXV consists of only 167 planets (i.e. constituents) in total of which only 40 are stars associated with 34 commodity-related stocks that have sufficient brightness (i.e. 24+ months duration) to warrant (the pun is intended!) the attention of earthly investors. My telescope has identified each of them and below I provide you with the particulars of each so you will be in a position to do your due diligence and begin to prosper above and beyond what you could achieve investing in the commodities and/or stocks themselves. Words: 1674
Read More »Gold: It's Time to Sell – Not Buy! Here's Why
While investors are piling into gold [a number of] independent international financial consultancies are suggesting that now is the time to be getting out of the gold market. [Here are their views.] Words: 897
Read More »Philadelphia Fed Index Confirms the Obvious: US in Another Recession!
The Philly Fed number has never been this low without the economy being in recession having just recorded the 21st-worst reading in over 43 years! [While we are not in an officially sanctioned recession yet this new survey strongly suggests that that unwelcomed time has come.] Words: 260
Read More »$1,800+ for Gold is Still Not Too Much to Pay – Here’s Why (+2K Views)
Sooner or later I think everyone will have an epiphany about money that pushes them to buy gold - even if it’s at levels that would seem expensive today. When that time comes, we won’t be focused on the price of gold but on the absolute need to acquire a more lasting asset. If I’m right, the plus $1,700/ozt. price today is not too high a price to pay. [Let me explain further.] Words: 874
Read More »Sell Your Gold Now – and Buy Its Producers Instead – for Greater Returns
I believe that the masses are stumbling over themselves to buy gold when the far better value is to own the companies that control so much of the supply. I will probably be pilloried for this by the gold bugs, but I’m going to hold my ground: now is not the time to buy gold and it may be a great time to sell it. Words: 435
Read More »Buy:Sell Ratio Suggests Weakness in Equities is Due to Fear – NOT Fundamentals
While it would seem that moms and pops and the average punter out there are running out of the equity market and into the "safety" of US Treasuries, corporate insiders are doing the exact opposite. This is yet another bullish contrarian sign. From the start of 2004 at least, this is the biggest buying spree that corporate insiders have engaged in. [Allow me to show you the specifics.] Words: 345
Read More »Environment is Inflationary, NOT Deflationary – Here’s Why (3K Views)
While it is true that the average consumer isn’t (and won’t soon be) spending as much as he used to, it’s not because he’s waiting for bargains. No, it’s because he’s out of credit, he’s unemployed, his house, car, motorcycle, boat, and plasma television have all either been repossessed or foreclosed upon, and his wife just left him. He’s not exactly in the mood for shopping. He’s not waiting for bargains. He’s waiting for a miracle - and I don’t think they sell those at the mall. Words: 1582
Read More »Is Gold a "Greater Fool" Asset?
I believe the terminology "investing in gold" is a misnomer. Speculation is a better fit for the argument to own gold than considering it an investment. [Let me explain.] Words: 606
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