1. Loonie Road Kill

Because Canada relies on exports of commodities the multi-year decline in the prices of metals, minerals, natural gas and oil wrecked havoc on the Canadian dollar under the Conservatives.  

A Federal Liberal win in Canada’s last election ensured the ‘loonie’ will be crushed further.

 ….read more HERE

2. 5 Stocks For 2016 With 6%+ Dividends & 10%+ Upside

Many closed-end funds are now trading at double-digit discounts to their net asset values (NAVs). Doubleline Capital founder and famed bond guru Jeffrey Gundlach recently told CNBC that buying a fund trading at a 15-20% discount is “sort of a no-brainer.”

Reason being, you’re getting $1 worth of assets for just 80 or 85 cents.

…. read more HERE

3. Princely Finance and Taxation

    by Bob Hoye of Institutional Investors

Continuing promises by Chairman Reckless to use the “printing press”, “helicopters” and more recently “bazookas” to inflate anything should be considered startling only in the resort to honesty.

….read all HERE

Videos and charts (double click to enlarge):

Ed Note: For all charts in visual form plus video links below go HERE

US Stock Market Video Analysis 

Gold & Silver Bullion Video Analysis 

Key Precious Metal ETFs Video Analysis 

Trader Time Swing Trade Video Analysis 

Key Individual Precious Metal Stocks Video Analysis    
  

Thanks,

Morris

A full blown bear market in energy resources and energy stocks has been underway since mid-2014. History shows that the price of crude oil typically bottoms before the broad stock market. And oil related stocks bottom at the same time or later than the broad market.

The monthly chart below shows how oil bottoms several months before the stock market does. This provides us with some insight on when we should start to expect a bear market to end in the US stock market. 

Many traders follow and trade shares of Exxon Mobil. And while the are big money maker I do feel their share price is going to underperform oil for some time. Based on my research XOM has acquired many new oil operations, which many require $70+ per barrel to be profitable. This has cost XOM a considerable amount of capital and is now left holding and operating business that are losing money with the current price of oil sub $40 per barrel…..continue for more analysis and larger charts HERE

…..continue for more analysis and larger charts HERE

Sometimes one big event dominates the landscape, like last week when the Fed raised interest rates. Other times a bunch of less-universally-significant-things add up to a meaningful story. And the story that follows here is, of course (given the venue), ominous. 

First up is the much-discussed US$9 trillion that developing countries borrowed back when the dollar was weak and their currencies were relatively strong. Pundits have been warning that with the dollar soaring this debt was largely underwater and therefore a threat. But as far as anyone could tell it wasn’t blowing anything up. 

Then on Friday a big Mexican construction company defaulted..…continue reading HERE

I would like to tell you about a proprietary indicator that I use in the precious metals market. Take a look at the chart below which shows the indicator against the price of silver (in green) since 1967.

The graph shows the leverage that silver achieved over gold over a rolling four-year basis. I have addressed the subject of the gold-silver leverage ratio in previous articles, but this indicator uses a different approach to calculating the relationship between gold and silver prices. Note that this chart peaks on various major occasions in the last 48 years…..continue reading HERE