Gold & Precious Metals

This week was ugly for stocks in its own right, but it was particularly ugly because there was a major – and briefly very successful – effort by the Wall Street Journal to manipulate share prices higher. Tuesday was a bad day. Wednesday the stock market was closed. And Thursday just before noon, the Dow was already down over 700 points. It was time to pull out the big guns, namely the WSJ citing unnamed Fed “officials.” CLICK for complete article

When I grew up, I played a lot of team sports from hockey, baseball to rugby. I’m a big believer in team sport because when you are on a team, one does not see race, gender, religion or sexual preference. We are one; we win as a team, we lose as a team and you know that when it comes to competing against your opponent, “I got your back”.
What has happened to us as Canadians? We are so politically correct to apologize for any possible slight to anyone but the only thing we won’t apologize for is not watching out for our fellow Canadians. Perhaps it’s too nationalistic, too masculine, too passé for this new Canada but the easiest way to beat your competition is sit back and watch them destroy themselves. And believe me, our adversaries are having fun watching us implode.
I was recently at the Fall 2018 Private Capital Markets Association (PCMA) Conference held in Calgary on November 22nd. PCMA is a national organization to support the flow of private and alternative capital to the Canadian equities market. It was the same day that PM Trudeau showed up to Calgary to tell the Calgary Chamber of Commerce that he feels our pain; after all, he bought a $4 billion (valued at $500 million) pipeline to help get oil to tidewater. His audience was not impressed nor were the protestors that showed up to give him the traditional Calgary “ya-boo” that we like to afford all prime ministers named Trudeau.
Mean while at our conference, Jason Kenney, official opposition leader of Alberta made a passionate speech about the need to work together. Punishing your “teammate” in a federation will eventually lead to defeat for the entire Team Canada. Our economy and standard of living are at risk and the majority of Canadians don’t get it or worse, don’t care. The joy of decimating Canada’s largest economic sector, oil and gas, is completely insane. It would be like scoring in your own net and not understanding what the consequences are.
Here are the consequences of intentionally killing Canada’s economic future, $80 million dollars a day and billions lost that can’t be reinvested in healthcare, transportation and God forbid, a tax break. The liberal media and the do-gooders say we are doing this to protect the environment. Congratulations to Premier Notley of Alberta for shutting down 5 coal generating power plants. It sounds impressive until you find out that there are 1,600 coal power plants being built around the world as we speak. Talk about a tree-hugger missing the forest through the trees. As far as Trudeau, did he purchase the pipeline to build it or ensure no one else could? Maybe he could “tweet out” some money for the 100,000 Albertans out of work. According to the Bank of Canada, the combination of both their carbon tax policies have reduced the energy sector from 6% to 3.5% of Canada’s economy since both have been elected to office. And yet after this, both “green” activists are willing to transport oil by the scariest means, by rail (doesn’t anyone remember Lac Megantic?).
Lastly, in support of our fellow Canadians in Ontario losing their jobs in Oshawa as GM decides to pull out and the potential political threat of jobs being lost in London at General Dynamics (they build the armoured vehicles) to prove a point to Saudi Arabia’s regime. Albertans don’t relish the thought of other Canadians losing their livelihood. To Trudeau and all his supporters, I will offer you a tip that will help Team Canada turn its fortunes around. Build a pipeline: west, east, north and south. Get the 175 billion barrels of oil out of the ground so that money can be shared with all Canadians (we all drink from the same Cup). Drive our economy with Western oil and gas through pipelines that are built by Ontario steel flowing to refineries in the Maritimes!
Oh yeah… before I forget, stop buying Saudi oil!
Best regards,
Craig Burrows
President & CEO, Tri View Capital

One of the most reliable indicators of an economic slowdown just flashed a warning sign this week. On Monday, the yield curve between the five-year Treasury yield and three-year Treasury yield inverted, or turned negative, for the first time since 2007. What this means is the shorter-maturity bond now pays more than the longer-maturity bond, suggesting investors believe the government is less likely to service the debt it owes in three years than in five years. Such an inversion has historically portended a …Click here for full article.

The sounds of Christmas – carols being sung, maybe the crackling of a log on the fire and the oh so familiar – “not another sweater” “oh, great a tie” – “a gift certificate…how did you know.”
We’ve all be down that long, lonely road in search of the perfect Christmas gift. And if you are anything like me – let’s just say we’ve come up short.
The Good News
I’ve got an idea that could put you in the Gift Givers Hall of Fame – but first a little background. If you had bought just a hundred shares of any of the stocks recommended at last year’s World Outlook Financial Conference for a loved one – spouse, son, daughter, niece, nephew, friend – look at what would have happened.
We recommended Viemed Healthcare at $2.41 at the WOFC – today it trades at $5.87…up 143%.
Boyd Group – recommended at the WOFC at $61– today $118…up 93% – (Boyd was first recommended at under $20 at the 2013 Outlook Conference, so anyone you bought that for at the time probably has a statue of you in their living room.)
Sylogist – recommended at the WOFC at $8.60 – today $13.25… up 54%
Parex Resources – recommended at the WOFC at $18.27– hit a high of $26.78 – up 56%
In case you haven’t experienced it yourself. If you want to see someone’s face light up – give them 100 shares of a stock and look at their expression when it goes up 20%, 30%, 50%…over 100%. It beats the old gift certificate every time. Better yet, for some people the stock market becomes a new hobby.
And by the way, there were a lot more winners recommended at last year’s World Outlook Financial Conference. In fact, I can’t think of a single stock recommendation that didn’t go up.
The official WOFC Small Cap Portfolio was up 79%. Incredible but let me make perfectly clear that doesn’t happen every year. However, in the 10 years since we released the first portfolio it has never failed to deliver double digit gains.
Of course, past performance is no guarantee of future results but I like our chances given that I choose our speakers based on their track record. And on that score the group of headliners including Martin Armstrong, Keystone Financial’s Ryan Irvine, BP Global’s Paul Beatty, Timers Digest Market Timer of the Year Mark Lebovit, and Josef Schachter, is one of the best I’ve seen …anywhere. A bold statement but their results speak for themselves.
I have to add that the results I just mentioned don’t include the incredible profits in the marijuana sector, which was first recommended by Mark Leibovit and Jim Dines at the World Outlook in 2014 – over three years before virtually anyone else in the business. People who acted on the advice and invested in the marijuana sector anytime between 2014 and 2016 made an absolute killing.
By the way, this year’s conference will have a special session on cannabis and where to invest as we enter the second phase after legalization.
The Point
Given I spend an inordinate amount of time, along with Grant and everyone else at High Performance Events, planning and putting on the Outlook Conference it’s hardly a surprise that I hope you come.
And I’m sincere when I say it makes a terrific Christmas gift. One that could impact someone’s financial well being for years to come. Even better if you come with them and share the experience. I’ve had plenty of people come up over the years to say they’ve absolutely loved coming with friends or family. It’s a special weekend – bring someone – you can even go the extra mile and buy them 100 shares of one of the recommendations you like.
And hey – it is the 21st century. So if your prospective gift recipient absolutely can’t be there in person? Buy them a subscription to the online streaming video archive. All our speakers in HD, available at any time, with unlimited access. Like NetFlix for your finances!
In the meantime – I hope you have a terrific holiday season.
Sincerely,
Mike,
Host of Money Talks
Conference Details
When: Friday afternoon and evening, February 1st and all day Saturday, February 2nd, 2019
Where: Westin Bayshore Conference Centre, Vancouver BC
To Book Your Ticket: CLICK HERE or go to moneytalks.net
P.S. – We Just Made Christmas Gift Buying Really Easy
As you know I am hugely interested in educating our younger generations and to that end we have a special offer – if you buy a ticket – you can bring a student absolutely free. The only thing we ask is you to let us know ahead of time, which you can do when you purchase your ticket. We have a limited number set aside and we want to be able to accommodate you.
