Tag Archives: economy

Damn the Short Sellers; and more…

Posted on January 28, 2021 by Mal Spooner

Observers of the rocketing price moves of now familiar names, are describing the phenomena as ‘insane’ but it was bound to happen eventually.  I’m just happy I’ve lived long enough to see some of these crooks get their comeuppance.  Is … Continue reading →

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There’s more upside yet in lumber stocks.

Posted on August 17, 2020 by Mal Spooner

Back in early February, I posted an article suggesting Canadian lumber stocks were poised to perform.   I mentioned that I’d bought one myself – West Fraser Timber (cost $57.85) – which is now just above $70.  A 22% return over … Continue reading →

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“China’s imports of industrial metals are booming.”

Posted on August 13, 2020 by Mal Spooner

I borrowed the title from a Globe & Mail article.  I first suggested buying into a metals recovery back in February suggesting Freeport (FCX) and Western Copper and Gold (WRN).  One name I’ve also bought into is not on anyone’s … Continue reading →

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Two Canadian Retailers Poised for Renewed Growth

Posted on August 4, 2020 by Mal Spooner

Retail sales continue to rebound despite the slow opening of the economy. Inevitably, many storefronts will not survive but those that do will be able to negotiate much more favorable terms when it comes to rent. The online capabilities of … Continue reading →

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One of the biggest copper/gold deposits in the world.

Posted on July 30, 2020 by Mal Spooner

Western Copper And Gold – Small Company With Huge Deposit In a previous article (published in February) I suggested it’s wise to invest in copper highlighting two names. I discussed one large company, Freeport-McMoRan and a small Canadian exploration company developing … Continue reading →

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Will black gold price follow yellow gold?

Posted on July 27, 2020 by Mal Spooner

Until very recently, the oil price and gold price tended to follow a similar pattern, as evidence by the below chart.  The fundamentals driving these prices differ of course, but over my many years I’ve come to expect the two … Continue reading →

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Market Tanks – Great news for some.

Posted on June 11, 2020 by Mal Spooner

I haven’t published for some time now.  Why bother?  The economy was tanking, and the market was rallying.  Made no sense to someone who’s been managing money for 30+ years, so better to say nothing.  However today’s headlines are providing … Continue reading →

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Why Warren Buffett’s Moves are Bewildering.

Posted on May 6, 2020 by Mal Spooner

Everyone is confused – He bought a bunch of airlines at their peak, and sold them all (was the normally undaunted investor suddenly in a panic?) at the bottom.  “Fear is the most contagious disease you can imagine…” said Buffett … Continue reading →

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Consumer Sentiment – down but still not down enough.

Posted on April 24, 2020 by Mal Spooner

Over many years I’ve marveled at how reliable consumer sentiment has been as a contrarian indicator.  When it reaches rock bottom then the markets, followed by the economy begin to recover from a crisis – whether a recession or financial.  … Continue reading →

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Corporate Bonds not out of the woods yet!

Posted on April 22, 2020 by Mal Spooner

We’ve watched a bit of a bear market rally in stocks, but also saw the same short term narrowing of corporate bond spreads (the difference between the yield offered by corporate bonds versus the virtually risk-free government bonds or treasuries).  … Continue reading →

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