Happy Friday! I’ve got another reading assignment for you today… the researcher behind the Dunning-Kruger effect posted an interesting article called “We Are All Confident Idiots” a couple years ago that just came to my attention (I think someone posted it on Twitter, but forgot to jot down the original source). Here’s a little excerpt, […]
Well, yesterday’s look at Steve Sjuggerud’s favorite gold stock brought a bunch of questions out of the woodwork about a different Stansberry gold teaser… we don’t often like to “pick on” the same publisher two days in a row, but we do aim to please — so that’s our topic for today. The ad is […]
President Trump and his team have reportedly been talking about ways to “delist China” from US stock markets or otherwise put up some barriers to prevent US investors from putting money into China, which put a scare into pretty much all the US-traded Chinese stocks and ETFs… I have no idea if that’s going to […]
Here’s what I’m trying to avoid: Predicting the direction of the markets because of my deep understanding of US-China trade dynamics. Every time I read an article that asserts “China trade deal more likely because of Bolton firing” or something like that, I throw up in my mouth a little bit. The market is way […]
Here’s a lead-in that really gets to straight to the point, in the latest ad from Stansberry’s “value guy” Dan Ferris: “I’ve found a $13 gold stock that every Stansberry reader should buy today. “Not tomorrow. “Not next week. Or next month. “Today. “Before it moves out of buy range. (It’s very close.)” And, of […]
Thanks for your kind wishes (and patience) as I took a couple weeks off with my family — we had a wonderful and relaxing getaway in a few of the jewels of the Rocky Mountains as we toured through some northern national parks, most of them blessedly devoid of cell phone service or wifi, but […]
This latest ad for Matt Badiali’s Real Wealth Strategist has all the stuff I love to see in a teaser pitch… a secret undisclosed location, a mysterious leadership team, a huge “you’ll make a fortune” promise as the company “unlocks a tidal wave of wealth,” and, even better, the combination of two hot ticket investing […]
We’re seeing a lot of questions this week about the promo from Stansberry for Dan Ferris’ Extreme Value (currently $1,499, no refunds), so that’s our focus for today. And it looks like this is a repeat of an ad we’ve looked at a couple times over the past 18 months, but it’s got a new […]
Indulge me for a moment, dear reader — I’m going to wander around thinking about valuation and about short selling, then get into talking about a current situation that closely mirrors some of the long/short pairs trades I’ve done in the past year or so. Then we’ll talk some about gold, since that seems to […]
There’s no more cyclical stock than a semiconductor stock, and we’re seeing the whipsaw slash through that market now as trade sentiment weakens and pundits begin to see some weakness in the economy, particularly in the employment numbers, and the Federal Reserve fuels that uncertainty by essentially promising a rate cut in their attempt to […]
I’ve got a new buy to go into in some detail today, but first let’s go through some meaningful earnings reports that shook up the Real Money Portfolio this week and sent some questions my way… The Trade Desk (TTD) beat the analyst expectations for both revenue and earnings this quarter, but not in a […]
A happy Friday to all of you out there in Gumshoeland… I’ve got a bunch of little stories to cover, starting with a chain of thoughts about some of the overvalued “cloud” stocks that have generated a little news in recent days, and then I’ll provide a few updates on other stocks, and a couple […]
It seems we’ve officially entered a period of another “Fed Put” — Fed Chair Jerome Powell’s statements yesterday were widely interpreted to mean that there will be no interest rate hikes this year, or maybe ever again, and that the Fed will stop its “quantitative tightening” in six months or so, leaving a huge and […]
I’m going to get to several updates on Real Money Portfolio stocks at the end, including those questions “What to do with Qualcomm (QCOM)?” … but first, I’m going to go through the stocks where I’ve completed my Annual Review this week. Each year I promise to re-analyze and reconsider my opinion about each stock […]
Happy New Year to the best readers in cyberspace! I hope your 2019 is fabulous… and that you don’t have too many heart palpitations following the last couple weeks of market and political brinksmanship. I haven’t written to you in a while, thanks to my much-appreciated time away with family and friends in the mountains, […]
Happy holiday season, campers! What’s up with the Real Money Portfolio as we head into a slow Thanksgiving week? The most brutal takedown of the week was NVIDIA (NVDA), which I’m sure many of you noticed this morning — that’s a stock that hit a stop loss a while back for us (I was watching […]
There was an election on Tuesday, I hear. I voted. The counting is almost over now. Apparently the world did not end, and now we begin the campaign for the next election… everyone raise their hand who wants to vote for austerity and deficit reduction and lower spending and higher taxes and delayed Social Security […]
Since the other part of today’s Friday File is all about a biotech stock tease, I thought I’d start out this week’s look at my Real Money Portfolio stocks in that sector. I avoid the drug developers, for the most part, but health care should be a huge sector and a growing one, in general, […]
Hello, dear friends — I have a few portfolio updates to start with as I get you updated on a few trades that triggered since I last wrote, so adjustments to the portfolio (including a few buys and sells) will be the focus of today’s Friday File. The latest update to the Real Money Portfolio […]
The last time we were inundated with a junior mining promo from Nick Hodge it was about that “tiny 50 cent mine” that was about to get the “green light” from Trump’s EPA, and that one has done quite well so far — that was Midas Gold, which I wrote about back when they started […]
A few updates and thoughts to share with you on this fine May Friday, starting with a more detailed look a the new healthcare-related stock that I added to my portfolio a little while ago and haven’t discussed much yet. That stock is Premier, Inc. (PINC), a truly generic name for a pretty interesting company. […]
We’ve seen a long stream of earnings reports and other worthwhile bits of data on Real Money Portfolio stocks since I last wrote to you, including some that actually included some interesting news, so prepare for a lot of quick updates…. Medical Properties Trust (MPW) reported another quarter of ho-hum… pretty much met the forecasts, […]
So… what’s been happening to the Real Money Portfolio stocks this week? What else caught my eye? No transactions this week, but plenty of stuff to think about… Clean TeQ Holdings (CLQ.AX, CLQ.TO, CTEQF) announced a somewhat surprising equity raise a couple days ago. It seems inspired largely by urgency — they can’t really claim […]
For this week, the focus of my Annual Review moves to natural resources. I’ve owned a bunch of stocks in this sector over the years, though it has grown more concentrated of late in the mining area — mostly gold, though not entirely. To start with, I should share my basic strategy — or my […]
Annual predictions time! People are feeling a bit wealthier after this long stretch of bull market, I imagine, though the Fear and Greed Index is highly volatile and and has swung back and forth between extremes at least a couple times a year over the past few years, with 2017 being no exception, and that […]
So… what’s going in in the Real Money Portfolio this week, as we close up shop and get ready for a bit of time with family and friends? I do have one buy to share with you today, I decided to pick up some shares of the stock that I wrote to you about a […]
Lots to talk about today… we’ll start with a quick teaser solution, then move on to some big picture thoughts, updates on the changes in my portfolio (a couple small buys), and some other little updates and cogitations. The teaser comes from Mike Cintolo’s Cabot Growth Investor, which is just what it sounds like: a […]
How about that bitcoin, eh? Those of you who’ve been following my personal portfolio and reading these Friday Files closely know that I sold pretty much all of my cryptocurrencies back in September, when it got to be a large enough position that I found the cash more valuable. Lots of you think I’m crazy […]
So what’s going on in the world this week? Uranium caught my eye… dominant uranium miner Cameco (CCJ) is suspending production at some of their Saskatchewan operations, so the other uranium names took that as a good sign, with the juniors in the space seeing their stock prices pop (the whole sector, as represented by […]
Well, we finish out the week with yet another dramatic performance from the market-dominating tech stocks. Alphabet (GOOG) did better than expected and popped a bit, climbing further through the day, almost as much as the gains Microsoft (MSFT) made on a more dramatic ‘beat’ of expectations (though analysts have always been better at estimating […]
So… what’s going on this week? The world watched Congress actually pass something last night, on the 30th anniversary of the 1987 stock market crash (they passed their spending framework bill for 2018, which is importantly mostly because it sets the stage for tax reform legislation to proceed in the coming months), so that made […]
I’m always interested to see what kind of big-growth ideas are being teased, particularly in a market that already feels so expensive, so a Cabot pitch caught my eye again this week — this time it’s from Mike Cintolo for Cabot Growth Investor, and this is what grabbed my attention: “My Expectation: A 25% Jump […]
We’re all growing more and more immune to hyperbole, I hope, but the combination of hype-filled newsletter pitches, shallow commentary from attention whores on CNBC, and clickbait headlines is enough to put you off investing in the market at all… how many times can you hear words like “collapse” and “beaten down” and “nightmare” applied […]
I’ve been asked a few questions about the gold stocks in my portfolio, so I thought I’d run through a few of them today and provide whatever updated opinion and assessment I can for you — including a few portfolio adjustments I’ve just made. And, as an added bonus, I’m adding one new gold stock […]
We’ve got a veritable smorgasbord for you this week — first, a quick update on one of our Real Money Portfolio stocks, then I’ll take a very quick look at the “Seven Deals” teased by the new Rick Rule Alliance pitch by the Money Map folks, and, finally, I’ll dig into the little hints that […]
Before I get into some updates on my Real Money Portfolio, I’ve got a quick look at a teaser that several of you have asked about: Keith Schaefer’s pitch for his Oil and Gas Investments Bulletin about a “perfect business model” and “everything you want as an investor.” Here’s how Keith gets our mouths watering: […]
I’ve got some notes (mostly brief, I hope) to share about the various quarterly earnings reports that have hit my Real Money Portfolio stocks this week… but I have gotten a pile of reader questions so I wanted to start with a look at Sandstorm Gold (SAND), which announced a pretty big deal earlier in […]
I spent last week vacationing in Sarasota, Florida, near the old stomping grounds of one of my favorite authors, John D. MacDonald… so I ended up re-reading several volumes of his Travis McGee series as part of my vacation escape from the world. But MacDonald always included some social or environmental commentary in his novels, […]
I’ve got a hodgepodge of ideas and small news items for you this week, plus a few transactions in my Real Money Portfolio that I’ve mostly noted for the Irregulars in quick notes earlier in the week. The market is expensive, but there’s no reason for a long-term investor to sell just because it’s expensive […]
Just an FYI for folks who follow my personal “real money” portfolio — today, following Kerrisdale Capital’s short attack on Northern Dynasty (NAK), I sold an additional part of my warrant position when it hit my mental stop loss level of about C$2.50 (the stock was nearing C$3). That books a total profit of roughly […]
More to come for the Irregulars tomorrow as I finish up my Annual Review, but since I did a little buying and selling today this is just a quick note to let the Irregulars know that I’ve made a small purchase of shares in Luna Gold (LGC.TO in Canada, LGCUF) following their decision to merge […]
Each year I check in on every company that I own and cover for the Irregulars, even those where my opinion doesn’t change much from month to month (or even from year to year, in some cases)… but we’re going to do it a little differently this year. This is all part of what will […]
Astute Irregulars may notice that I didn’t formally talk up an “Idea of the Month” for October or November, though I did post some Friday File articles that were similar in intent to our usual Idea of the Month pieces and I did make one or two small buys over the past couple months. There’s […]
I’m going in for an eye treatment today that will keep me from being able to type for most of the day, so… expecting that I won’t get a new article written for you during the day, I’m opening up this Friday File commentary that I originally shared with the Irregulars on September 26. There […]
Regular investors are getting interested in gold again, after the big run it had in the first half of this year… and many of us also remember the ludicrous returns that many folks got from buying bitcoin early on… so it’s only natural that this ad puts our greed receptors into overdrive: “The time to […]
There’s not one “big thing” that jumps out at me this week to blather to you about for your Friday File edutainment, but I do have a smorgasbord of thinklinations to share… including a few “quickie” teaser solutions as we go along. First, for those who have been asking: Yes, I have now covered my […]
This is not a fundamental look at any of these stocks, but just a quick update on my personal portfolio. Like you, I have many priorities in my life… and some of those priorities changed a bit over the last week or two, so we’re considering some real estate transactions that make it important for […]
So… what’s been happening with the stocks I follow and write about for my favorite Irregulars? We’ve had a couple weeks pass since I last checked in, thanks to my vacation and the Pan Mass Challenge, so there’s a bit to catch up on… (and thanks again to those who sponsored me, once I get […]
Today we’re looking at a pitch from Tom Dyson and his colleagues at Palm Beach Letter, they’re selling their Palm Beach Confidential service — and one of the ways they’re selling it is by promising that they’ve got an investment that could return eight times your money if gold goes up just $150. What? OK, […]
Jim Rickards, an economist and lawyer who has been peddling newsletters for Agora for a couple years, has a new ad out for his Strategic Intelligence newsletter that tries, as so many have for the past five years, to lather readers up into a panic about the imminent demise of the U.S. Dollar. And, of […]
That headline is a quote from Charlie Munger from today’s Annual Meeting for Berkshire Hathaway (BRK.B) here in Omaha, and it’s one of the ones that really caught my ear. He was responding to a question about how he and Buffett avoid making big predictive calls about the economy, or assessing the near-term health of […]
Porter Stansberry is probably the best marketer out there in the financial newsletter world, and has access to the biggest email lists both within his company and in partnership with all of Agora’s other subsidiaries and affiliates… so when one of his ideas or letters gets a big marketing push, it tends to have a […]
I have a little hodgepodge of updates and thoughts for you today about a few of the companies I own or have covered for the Irregulars… no real changes in my personal portfolio this week, though I have boosted cash reserves a bit by trading parts of a couple equity holdings for call options going […]
Several folks have asked about the state of Altius Minerals (ALS.TO, ATUSF), which I’ve written about for you many times and have owned for about seven years (time flies when you’re having fun!). They just released their quarterly filing, and the initial impression is “more of the same” — the business is chugging along, cash […]
I’ve got a few thoughts to share with you about GSV Capital and a few other areas where I’ve seen questions or interest from readers recently, but first I want to get a quick teaser solution or two out for my favorite Irregulars…. One pitch that’s sent a lot of questions our way of late, […]
Each year I go through all of the stocks that I either own personally or have brought to the attention of the Irregulars (there’s quite a bit of overlap on those lists), and I make sure to update my thoughts and opinion on that stock in an organized and, hopefully, disciplined way — that helps […]
This ad about a “Donald Trump investment” is sending a lot of questions our way, so we’re going to take a look at it for you in today’s Friday File… and I’ve also got an update on Sandstorm Gold to share, plus a quick look at the idea of “protection” from market declines and how […]
I’m feeling a little bit old today because my fourth baby, Stock Gumshoe, just celebrated its eighth birthday. Eight years of solving teasers, sharing thoughts, and defusing marketing hype… and it’s still such a cute little fella! I certainly never expected this to grow and get the attention of so many people when I sat […]
More on this tomorrow as I get into more detail in the Friday File, but I thought I should let the Irregulars know that I made a few transactions in my personal account today. Even taken all together this does not amount to a major transaction — but it does away with or decreases a […]
I’ve got a half dozen notes and comments on companies I own and follow for your Friday File pleasure today, but first I want to toss out a teaser solution for you to chew on… it’s a fun one. The pitch is from Keith Kohl for his new High Yield Energy Report, a newsletter that […]
I like Frank Curzio’s podcast (now called Wall Street Unplugged), and I generally find his way of thinking interesting, so after he was laid off by Porter Stansberry I was half hoping he’d go off on his own and build his own newsletter business from scratch (he edited Phase 1 Investor and Small Cap Specialist […]
December is the time of year when most people (including me) think about selling, not buying. For those with taxable accounts, this is the opportunity to cut your tax bill a little bit by turning those paper losses into actual cash losses by selling stocks that have gone down. But that also creates some opportunity. […]
I’ve owned shares of Sandstorm Gold (SAND) for several years, and it was one of my larger holdings for a while, so readers ask about it with some frequency — particularly during times like these, when it is wildly volatile. So is Sandstorm Gold a buy today? Well, I haven’t sold any shares recently. But […]
A hodgepodge of thoughts and comments to catch up with thoughts on a few companies that have reported quarterly results or had other meaningful news as I was on vacation — and a quick note on a small buy. First, I need to let you know that I bought a few JP Morgan warrants (JPM-WT) […]
Jeff Opdyke has a pretty inflammatory ad going around these days for The Sovereign Investor, it’s all about how the consistent export of gold from the US — as reported in form FT-900 — will lead to America experiencing it’s “next 9/11” moment in April of this year. The basic argument is that the US […]
Have you heard or seen the pitches for “Secret Income?” The spiel is that President Obama is not just earning his regular salary as President of the United States, but is also earning $72,000 a month in “secret” income. Wowzers! Of course, we’ve seen it all before — whether it’s called “Mainz Income” or called […]
I’m traveling today so I’ll try to keep it brief for you (“for a change,” sighs the patient reader) … this morning I had a limit buy order triggered on a stock I haven’t written a lot about for you, and there were also some quarterly reports that have made me think over the last […]
Happy October Friday, Gumshoe friends — I shared a special teaser-solution article with the Irregulars this week on Agora’s “Miracle Water” tease and have written briefly about a new buy that I made during the week (that was TGS Nopec, which I wrote about briefly here — not ready to go into more detail on […]
I have a few companies that I’ve been meaning to update my thoughts on of late, so that’s going to be the majority of today’s Friday File — there’s real news from a few, an active and vociferous debate between shorts and longs on one, and plenty of room for opinions to change as Summer […]
We spent a fair amount of time talking about Chris Mayer’s favorite royalty stock yesterday — the main stock pitched in the newly reborn “Chaffee Royalty” teaser ad that’s been circulating lately. You can see that one and my thoughts on it here, the tease was for tiny little Sandstorm Metals & Energy. But Mayer’s […]
We first heard the “Chaffee Royalty” pitched a little more than five years ago, back when Chris Mayer was touting the “next Franco-Nevada” with a pitch about passive mining royalties — and, as you’ve probably guessed if you’ve read this far, it’s baaaaack! The basic idea of royalty investments is familiar to most Gumshoe readers […]
We brought you Myron Martin’s latest column for the Irregulars this morning, which included some new ideas in the junior resource stock space — that’s not where I prefer to invest most of the time, but I know a lot of you like those kinds of stocks so hopefully you find his musings to be […]
Those who’ve been around these parts for any length of time know that I like to get the minerals and mining exposure in my portfolio primarily through royalty companies and their ilk — the firms who put in cash or exploration properties in exchange for a share of future production but who don’t actually do […]
It’s been an interesting year so far — this week has helped to heal some wounds but my personal portfolio has lagged the market for much of the year, thanks largely to some substantial positions in stocks that were sensitive either to interest rate rises (like Retail Opportunity Investments Corp, ROIC, a favorite REIT) or […]
“One unique type of gold investment (that most Americans have never heard of) based in British Columbia has outperformed every asset class in existence – rising twice as fast as gold. “The average investor in this gold secret made over 80% a year for 20 straight years – even after gold crashed last year. “But […]
This week there were a couple things that cropped up on the site as articles for the Irregulars — I made one purchase, adding Ligand Pharmaceuticals to my personal portfolio, I answered a more detailed question about a Thai investment I had covered in the past, and I took a quick look at a legal […]
Americas Bullion Royalty (AMB.TO Canada, AMBCF pink sheets) is in a bit of a pickle again — last time around it was because they were shot down on the development of their Brewery Creek mine in Canada, and therefore lost the ability to split the royalty company and the mining company into two entities, and […]
Sandstorm Metals and Energy and Sandstorm Gold have made a small offering to Canadian Zinc (CZN in Canada, CZICF on the pink sheets) in exchange for a 1.2% NSR royalty on their Prairie Creek Mine. This is a zinc and lead mine with substantial silver resources, formerly known as the Cadillac mine back when the […]
I try to share my opinions with readers like you in a variety of different ways, from my notes on each teaser stock I cover to my more thorough looks at “idea of the month” picks or stocks that I buy personally … but investing is a very quantifiable thing, so even though my investment […]
Disappointing SAND
SAND is a severe disappointment. What’s your take on it now, Travis?
Thoughts from Myron
Ed. note: Today we’re experimenting with adding some more voices to the world of Stock Gumshoe to add a different perspective and cover some sectors in more detail. We’ve asked longtime reader Myron Martin, who spends a lot of time with junior mining stocks and other small caps, to share his perspective with you — […]
There’s been quite a bit going on in the companies that I follow both personally and for the Irregulars, so I want to check in on a few of these today — I’ll be taking at least a quick look at Sandstorm Metals and Sandstorm Gold, Invensense, Xerox, and maybe some other stuff will leak […]
I’ve got a handful of updates for you, including one on a stock that I bought yesterday and a few other notes about recent quarterly reports from stocks I follow, but first … a teaser to solve … When I wrote about Marc Lichtenfeld’s pitch for “Spread Trusts” yesterday, I promised to also try to […]
Sandstorm Metals and Energy, with their latest quarterly report, is clarifying some of the restructuring they’ve been forced into over the last year — nothing that is shocking or new to share with you, but it is nice to see it all down in one document. You can listen to their annual report conference call […]
Today I’ve got a teaser to decipher for you (that’s where our florid headline comes from today), and some shuttling around in my personal portfolio that is actually related to the stock being teased. To give it to you straight and sweet up front, since you’re one of my favorite people: Jim Nelson is teasing […]
Today is a fun day for every value investor out there — it’s the day Warren Buffett’s annual letter to shareholders comes out. So for God’s sake, don’t waste too much time with your friendly neighborhood Gumshoe if you haven’t read that one yet. You can get to it here if you’re curious, or check […]
The latest teaser ad for the Energy Inner Circle newsletter (edited by Dr. Kent Moors) is pitching the next great shale oil area — and it’s in Australia. The tease tells us that a tiny town called Coober Pedy, which is in an almost uninhabitable part of South Australia, is about to become an immense […]
Sandstorm Gold (SAND) surprised quite a few investors this week when they made a deal in Mongolia, the headline-grabber of late when it comes to political uncertainty for mining companies. They also brought sister company Sandstorm Metals & Energy (SND.V STTYF) along to the party, to pick up a small copper stream to go along […]
Yes, I’m going to write some about royalty investments again — and about a personal buy that I just made in the royalty space as a new speculation. First, I do want to share with you that I put the results of our Annual Review into a new spreadsheet that has moved into the “Irregulars […]
Several readers have recently sent in questions about a recent teaser ad from Big Gold, the “entry level” resource investing newsletter from Doug Casey’s newsletter stable … they’re pitching the idea of “Golden Tollbooths” that they think represent one of the best business models in the world, and though they hint around about a couple […]
Everyone in the investing punditry game has to make predictions, so I’ll go out on a limb here and let you know which of the stocks in the Gumshoe universe I’m most excited about for the coming year. I’m also, so you know, going to be revamping how I present and track the “Idea of […]
We spend a fair amount of time picking on the worst teaser picks made by newsletter publishers in their advertisements … particularly around Thanksgiving, when we highlight the Turkey of the Year for a bit of fun (and to help remind folks of how far story stocks can fall, regardless of the smooth words of […]
Sandstorm Gold
Travis: When you refer to Sandstorm as a key holding, are you referring to the stock itself or the warrant? At the risk of asking personal advice, what are your thoughts on warrants in general?
There’s been a lot going on among the stocks that I own and those that I’ve written a lot about for you over the years, so I have a bit of updating to share when it comes to my thoughts … first, some thoughts on two large personal holdings that I’ve never suggested in the […]
I’ve had several questions about Sandstorm Gold (SAND) come rolling in this week, because the stock that seemingly felt no gravity suddenly felt it good and hard over the last few days, falling a couple bucks from their all-time highs. There isn’t any big news, but there are a few pieces of relatively small news […]
Today I’m focusing on answering some questions from readers about a few stocks, some that I own and have suggested to Irregulars in the past, some that are new to me. As might not surprise you, much of this is about some of the royalty and streaming stocks, including one that several folks are whispering […]
“The last time this happened, early investors had an opportunity to make a fortune. Now one team of researchers thinks it’s happening again… with an unusual, little-known mining stock.” That’s the opening of the latest teaser from Frank Curzio for his Phase 1 Investor newsletter, and it’s not the first time we’ve heard the promise […]
SandStorm Gold Valuation
Hi Travis, Looking at Price to cash flows and PE, do you think Sand storm is overvalued? While they did sign the big deal recently, they’ve had an incredible run up prior to the NYSE listing and an almost parabolic growth after that. Earnings come in Nov. Seems like the stock has already priced in […]
Huh? Are the Canadian Maple Leaf silver coins going to suddenly become twice as valuable as the American Eagle silver coins? No, don’t worry, it’s not that simple and silver is still fungible, an ounce is an ounce is an ounce (well, a troy ounce, anyway). So what’s the idea of “Canadian silver” being somehow […]
It’s like sweet, sweet music in the ear of the gold enthusiast: “The Secret Return to the Gold Standard “A silent conspiracy will make gold a new currency on January 1st 2013. Central banks and governments are buying gold by the metric ton… “If you hold any dollars, here’s what you must do now to […]
We’ve had questions about several past “Idea of the Month” stocks in recent weeks, so for our last Friday File of August (we’ll be closed next week for vacation), I thought I’d try to update my thoughts on a few of the stocks I’ve suggested in the past. And yes, in case you haven’t yet […]
Gold Miners and Financial Challenges
Thought I’d share this with the community – especially given the focus here on SandStorm Gold (they’ve also been in the news lately). http://business.financialpost.com/2012/07/24/miners-forced-to-get-creative-as-traditional-financing-sources-dry-up/ While all of this seems to be to be great news for SandStorm over the long term (especially with gold prices holding steady – unlike coal and gas!), it does provide […]
Before I get into today’s idea for this month, which I’m borrowing from a yield-hungry newsletter guy, I did want to quickly address some big news from one of my largest holdings, and one of the stocks that you’ve probably noticed that I write about a lot — Sandstorm Gold. Sandstorm is a gold streaming […]
This month I have two stocks that are really catching my attention: one that I’ve held for many years and think is one of the most solid and steady companies you can buy, at a nice value right now; and one that caught my eye following a teaser writeup I did a couple weeks back, […]
[The “Mainz” Teaser Term has been used several times, click here for the most recent articles] Matt Badiali is again invoking the “Mainz” name as he teases royalty companies — the “Mainz” bit refers to the home of the Gutenberg printing press, which enabled mass-production of creative works for arguably the first time, and thus […]
The teaser ads are piling up again for companies that offer some sort of royalty interest in precious metals mining operations — and I think there’s a good reason for that. The royalty companies and streaming companies are ready to do deals and many of them are flush with cash, and junior miners are, after […]
Before I jump on today’s teaser unveiling, a few notes: There’s been some news and movement this week in a few of the stocks that I follow closely and that I know a lot of my readers find interesting — the Sandstorm Gold (SSL.V SNDXF) share consolidation went through as expected, and it did end […]
Just wanted to alert you that yes, I as I noted last week, I did end up selling a third of my Africa Oil (AOI.V AOIFF) shares — after the run up, selling a third of my position was enough to pull my initial investment off the table and let the rest ride. That lets […]
Matt Badiali edits the S&A Resource Report, which is an “entry level” (ie, less than $100 a year) newsletter that’s currently “on sale” for $39, and his latest pitch for new members has caught the attention of many of the folks in Gumshoe Nation. He’s pitching something he calls “Secret Gold Societies” … and if […]
Several readers have asked about “consolidation” in Sandstorm Gold shares — this is not, mind you, the chart-speak kind of “consolidation,” which means the stock is moving down, but the actual consolidation of a reverse split. So since Sandstorm Gold (SSL in Canada, SNDXF on the pink sheets) is my largest holding and I know […]
I get questions about my personal portfolio every day, and you know that I always write about the personal stock buys and sells I make on this site for you, my favorite Irregulars — so every now and then I like to share some updates on what my top holdings are and, particularly when there’s […]
I’ve spent the past couple weeks going over my updated opinions on all of the past “Idea of the Month” stocks (or at least, those that haven’t already been dropped from coverage over the years), and I promised to put them all in one big list in order of likingness (yes, I know it’s not […]
Some of the stocks I’ve already covered in our annual review so far this year have been commodity related — Pembina Pipeline, for example, or Dorchester minerals or Seadrill, picks that also have high dividends or that trade largely as income investments. But I’ve suggested quite a few other commodity-related investments over the years, so […]
Just a quick note that, as I said I would eventually do, I’ve begun rebuilding my Sandstorm Metals & Energy position — I sold most of my holdings in this base metals and energy streaming company in December to take tax losses, and have now bought in to about a third of the position size […]
Just a quick note — as I tried to remind folks to take advantage of some tax loss selling as we close out the year, so I’ve moved a bit in that direction myself. I don’t carry a lot of my individual stock investments in taxable accounts, but there are enough positions in those accounts […]
What is a good price for Sandstorm metal?
Hey Travis (and irregulars), What is a solid price to buy for Sandstorm metals? I was thinking anything under .40, but was curious if anyone had a valuation that is making them target a certain price. It has really gotten creamed as of late. Any valuations or price thoughts on Sandstorm gold are welcome as […]
Crazy days, no? The overriding fear among investors seems to be that we’re headed back to something like the Fall of 2008, a “Lehman moment” if Europe doesn’t get its act together and Greece or one of the other weaker pups of the EU actually defaults on their debt … or defaults in some extra-bad […]
Today there are lots of things I could be talking about on a macro level — certainly everyone’s looking at gold, so I can give you a couple thoughts to take home with you on that: If you think that gold prices will stay well above $1,700 then Sandstorm Gold (SSL in Canada, SNDXF on […]
Many of you remember well or are still enjoying the terrific surge that my favorite gold stock, Sandstorm Gold, enjoyed on the heels of a big push from both Stansberry’s Phase 1 and Peter Krauth’s Global Resource Alert — you can see my latest free article on that one here, and all of my past […]
The markets are debt-obsessed once again, I’m afraid — not corporate debt, as they were in 2008 and 2009 when any company with leveraged was thrown out the window, but gummint debt. I don’t know whether this will be a real “reckoning” for the US government, when we really take stock of our obligations and […]
It seems like I’m starting to get into a bit of a rut — many of the stocks I’ve profiled for you recently have been somehow involved in the commodities space, whether little oil stocks, or oil services, or what have you. And despite my fondness for a number of other stocks right now, including […]
Just a note to let you know that I’ve moved about a third of my Sandstorm Gold (SSL in canada, SNDXF on the pinks) common shares into a SSL.WT/SNXXF warrant position (ie, sold the shares and bought the warrants — the original warrants, not the Series A) — with the warrants trading exactly at the […]
Here’s the lead-in to the latest ad for the Global Resource Alert “I’m Peter Krauth and I’d like to tell you a story about a “private vault”… “A ‘vault’ that contains nearly one million ounces of 99.9% pure gold bars ready for market, ready to sell for nearly $1.4 billion at today’s spot price. “This […]
I always love to see a new teaser from Phase 1 Investor, the high-price newsletter offered as the “ultimate upgrade” by the Stansberry & Associates folks — the stocks usually are interesting, they’re often tiny and move like crazy after the teaser campaign, and the marketing language is always plenty florid to justify the $5,000 […]
Today, dearest Irregulars, I’ve been a bit thwarted in my efforts to find new and intriguing investment ideas for you — that is, I’ve found some, certainly (they’re always out there), but they haven’t matched the template for what I generally like to share with my favorite readers (yes, that’s you). The first one I […]
As i mentioned a couple weeks ago, Sandstorm Metals & Energy has again gotten down to what seems like a reasonable valuation — and I have added more to my holdings to bring it back up to a reasonable-size position in my portfolio (not in the top ten holdings, but not trivial). I don’t have […]
I wrote a couple months back about opening a small position in Sandstorm Metals and Energy because of the management team and business model, even though I didn’t have much of a handle on an appropriate valuation … and then when the stock came close to doubling in a matter of days I sold half […]
I picked up Sandstorm Metals and Energy about three weeks ago, as I shared with the Irregulars at the time, and essentially lucked into a, well, sandstorm as the shares shot up by better than 50% in the couple weeks after my purchase (I could claim prescience, of course, but that claim would ring rather […]
After several years of touting (and sometimes teasing) microcap mining stocks for subscribers of Stansberry’s super-expensive Phase 1 newsletter, Matt Badiali is launching a new letter that focuses on these small stocks, picks that he says are too small and volatile for his inexpensive S&A Resource Report letter. This letter is called the S&A Junior […]
With Sandstorm Resources being among my larger personal stock holdings, I tend to keep a pretty close eye on what they’re doing. I also had a small holding in Sandstorm Metals and Energy, the company they spun out earlier this year to be a commodity “streaming” type of royalty company for base metal and energy […]
Now we know why Sandstorm Resources raised so much money a few weeks ago: They had a deal cooking. They just agreed to buy 12% of the gold stream from a producing mine (The Black Fox Mine, owned by Brigus Gold) that should have years of production and reserves increases ahead. Terms are not as […]
I’ve got a couple things to share with you for your Friday File cavalcade of fun today, including the answer to the latest Sovereign Society teaser that I think just started running yesterday — and of course, with gold getting everyone’s attention at these lofty prices, it’s a gold teaser. So on the topic of […]
There are a few things I want to share with you this week — I’ll update you on a few purchases I made for my personal account, including several add-ons to existing positions and one new purchase, I’ll give you my quick take on my (finally) updated tracking spreadsheets for this year, and I’ll check […]
I just added shares of Sandstorm Resources to my portfolio, after having it brought to my attention by one persistent reader and digging into the basics, so for today’s Friday File I thought I’d explore this stock for you, getting into some of the detail and the reasons why I bought. Before that, though, I […]
Comments
Travis, I'm a newer Irregular... how would you recommend starting to invest in gold royalty as of today? I see in the ...
$MZUX - McEwen Mining Reports Positive Exploration Drill Results from Grey Fox https://mailchi.mp/mcewenmining/mc...
If we can't count on "Fluorescent sand," how about the "Quantum battery?"...
ridi pagliaccio, now a new riddle. the wather predictors magi told FCC that the 5G wavelength present a problem (as thei...
In the Knick of time...from Thinko’ Yesterday this Rooter was on the search for literally essential small “parts....
I would love to be a copywriter except for one HUGE problem: I don't like lying. Fluorescent sand. Ha. Ha. Ha....
Travis, Does LGND have to follow the royalty model? SAND turned its fortunes when it broke the mold. Perhaps LGND is go...
True enough, here's the three month chart of Sprott (orange), followed by the one-year, compared to GDX (red), GLD (gree...
Just joined the premium bc I enjoy reading your content. Researching your portfolio now for some pick ups. Already in ...
$SAND Sandstorm Gold...latest presentation https://www.sandstormgold.com/investor-centre/overview-investors/ My se...
John Mauldin did a blog post about "Sandpiles." Months ago. It is about piling more sand on top of a sandpile until th...
As an cexample: A service has $SAND in the portfolio as a hold. A few days ago they said sell and re - enter at a future...
Overall, considering my entire portfolio, about 4% is physical gold and silver (roughly 75% gold/25% silver). I don't c...
Definitely not my favorite idea in gold, but I continue to hold on to a small stub of my warrant position from last year...