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Frankly Speaking: Another Market Disconnect
Description
Welcome back to another episode of Frankly Speaking!
We're officially in a stock picker's market.
The gold and junior mining sectors are not what they were two years ago.
You used to be able to just take a dart, throw it, and be up 200% - 300%...
But market dynamics have shifted. These are sectors that have recovered significantly since record-level lows.
And now that the market has gone up, extra homework on the individual companies is a must.
To begin today's show, I explain exactly what investors need to look for in these risky markets... and how to tell if their flagship mining projects are worth betting on.
Switching gears...
I then talk about the difference between American and Canadian stock exchanges... and why I always push listeners away from the OTC.
Many of my stock recommendations fall under Canadian listed exchanges. And as I explain on the show... the more volume, the safer the exchange.
Then, to end the episode, I share with listeners one of the biggest market disconnects today.
This is a popular stock that has recently come down 8, 9 points and is currently sitting at a bargain price.
Don't bet against Warren Buffett here.
This particular company is spending a lot of money in all the right growth markets. Your'e getting paid to wait.
Other topics talked about: An updated outlook of a stock I recommended 6 years ago - Steel Dynamics (STLD)...A break down on how private-placement offerings work... And an update on Amir Adnani's GoldMining (GOLD)
Special thanks to Luke, Paul, Jared, Daniel, and Michael for all the great questions.
Keep em coming!