Just a quick note for my picks today. I'm still very bullish on SGR-T San Gold over the long term. Gold is hovering at $950 an ounce, but in Canadian dollars that's $1,168. You may find this link for commodities priced in C$ useful.
commodities in C$
Dale Ginn from San Gold did a radio interview last week that you should take a listen too. The new Hinge Zone of gold will have costs of less than $200/ounce "all in". What this means is that their costs include everything right down to the paperclips used in the office. When the hinge goes into production it will be one of the lowest cost producers.
Dale Ginn on 680 CJOB Winnipeg
go to Sat Mar 21; 12pm then approx 31 minute mark
SGR interview
Good luck trading today!
Monday, March 23, 2009
Sunday, March 22, 2009
Heroes of the economy
Heroes of the economy
From saving a stranger's home to feeding needy families, these 8 people are making personal sacrifices to help others out of the doom and gloom.
From saving a stranger's home to feeding needy families, these 8 people are making personal sacrifices to help others out of the doom and gloom.
Saturday, March 21, 2009
Friday, March 20, 2009
Thursday, March 19, 2009
Market Comments
Well, hope someone reads this! Yesterday, the Federal Reserve announced the purchase of $300 billion worth of debt, and in turn, another massive printing of US$. Within minutes of the announcement the markets took off like a rocket along with gold which shot up from a low of $883 up to $940. As I type this, gold is still climbing.
Normally I would only do one stock pick of the day, but the recent rise in gold, along with the Feds massive printing of US$ warrants several.
My picks of the day:
Normally I would only do one stock pick of the day, but the recent rise in gold, along with the Feds massive printing of US$ warrants several.
My picks of the day:
- San Gold - SGR.V (They just released news this morning)
- IamGold - IMG.T
- Northern Dynasty - NDM.T
Of course, if you're adverse to choosing individual stocks, HGU, the Horizon Beta Pro Gold bull index would also be a good choice, although this can be extremely volatile and it should have been purchased yesterday when gold fell and began to regain some of the losses.
Good Luck today!
Wednesday, March 18, 2009
Carpe Diem!
Well, here it is, my first attempt at daily blogging. The main purpose of this site will be to discuss "optimistic" viewpoints and to post uplifting stories and positive news. In today's world, that may be difficult to find but I intend to do my best.
The other purpose of this blog will be to give my insights into certain stocks that I currently own, or are following. There's some great opportunities in the markets right now and specifically, Canadian businesses. We have forestry products, a sound banking system, grains and corn, dairy, a fishing industry, and my favourite, mining and precious metal stocks.
I am very optimistic that we will all get through these difficult economic times.
A friend of mine had a favourite motto..."Carpe Diem"! Sieze the day, or live in the moment. Think and be POSITIVE! Spend time with your family and friends...enjoy life, love and care for one another. It's time to come together and enrich our lives with things that matter.
CARPE DIEM!
The other purpose of this blog will be to give my insights into certain stocks that I currently own, or are following. There's some great opportunities in the markets right now and specifically, Canadian businesses. We have forestry products, a sound banking system, grains and corn, dairy, a fishing industry, and my favourite, mining and precious metal stocks.
I am very optimistic that we will all get through these difficult economic times.
A friend of mine had a favourite motto..."Carpe Diem"! Sieze the day, or live in the moment. Think and be POSITIVE! Spend time with your family and friends...enjoy life, love and care for one another. It's time to come together and enrich our lives with things that matter.
CARPE DIEM!
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