Saturday, April 27, 2024

Resource Stocks

Resource stocks can be an important part of an investment portfolio. These are basically companies extracting and processing oil and gas and various minerals. Major minerals are copper, iron, aluminum, nickel, zinc, lead and uranium, plus the precious metals: gold, silver, platinum and palladium.

Oil & Gas (integrated): Chevron (CVX), Exxon Mobile (XOM), Imperial Oil (IMO), Suncor (SU)

Oil & Gas (extraction): Athabasca (ATH), Strathcona (SCR), Ovintiv (OVV), Arc Resources (ARX), Tamarack Valley (TVE), Baytex (BTE), Cenovus Energy Inc. (CVE)

Natural Gas: Tourmaline (TOU), Expand Energy (EXE), Antero Resources (AR)

Oil & Gas (royalty): Topaz (TPZ), Freehold Royalties (FRU)

Gold & Silver: Newmont (NEM), Barrick (ABX), Agnico-Eagle (AEM)

Silver: Pan American Silver (PAAS)

Minerals (various): Anglo American (AAL), BHP Group (BHP), Glencore (GLEN.L), Teck Resources (TECK.B), Rio Tinto (RIO)

Oil & Gas Services: PHX Energy Services (PHX)


Minerals Specialized

Coal: Alliance Resource Partners (ARLP), Stanmore Resources (SMR.AX), Yancoal (YAL.AX)

Copper: Freeport McMoRan (FCX)

Uranium: Cameco (CCO), Mega Uranium Ltd. (MGA)


Resource ETFs

Silver: Sprott Physical Silver Trust (U.UN, GlobalX Silver Miners (SIL), iShares Silver Trust (SLV)

Uranium: Sprott Physical Uranium Trust (U.UN), Sprott Uranium Miners (URNM)

Thursday, April 18, 2024

Doug Casey

A long time advocate of alternative investing and international diversification, Doug Casey is a valuable resource for those seeking a safe haven in these perilous times.

His website, International Man, has many articles and resources to aid in designing a strategy of wealth diversification. He also has a free newsletter available at Crisis Investing.

Similar to Andrew Henderson's Nomad Capitalist, Doug advocates "going where you are treated best"®, which means typically moving to a non-Western country that does not over-tax and over-regulate your economic life. He also is a critic of fiat currencies and advocates protecting your wealth with some exposure to precious metals and other hard resources. For political freedom he recommends having multiple passports.

Real Inflation Rate

The Consumer Price Index (CPI) in Canada is the index used to show the general inflation rate. This is occasionally publicized to show how t...