The Ten Under $10 portfolio has been trashed in this sell off in the first half of 2022.

Never-the-less, we are very comfortable with the positions held in the Ten Under $10 portfolio.

Natural Resources, mineral and fossil fuels, are still within the theme of “Commodities will rule in this decade”. They are volatile yes and the miners are crushed at this moment.

Keep in mind that in my opinion, is very little risk of these companies going out of business. Personally, I have been or would be dollar-cost-averaging (DCA) into all miners listed in the portfolio below. I like  Uranium as well which is not in the portfolio except for some royalty positions held by GoldSpot. Continue reading →

First of all – I have no clue if the metal miners are going lower in price or if this is the bottom. What I do know is that at today’s ratio of the Gold Miners to the price of Physical Gold, they are very cheap. Very Cheap! Too cheap to wait to buy. Of course, use your preferred strategy to buy. Dollar-cost-average (DCA) into a position or just add some at today’s prices. DCA is a well-known strategy.

In the chart below we have the GDX (Gold ETF) divided by the GLD (physical Gold price) to show the relationship. Continue reading →

Continue reading →

We are adding two new purchases to positions already held in the LOTM: Ten Under $10 for the Double.

• WonderFi (WONDF)* $0.42
• Galaxy Digital (BRPHF)* $4.11

Both are Canadian companies, and both participate in Blockchain and Crypto. We own both from higher prices. This is a dollar-cost-averaging move to lower our average cost but is to also build position size. Continue reading →

• Futurist, Peter Zeihan’s dramatic predictions on Globalization, Demographics, Geopolitical and Where to Position Money
• David Rosenberg, now independent, former economist with Merrill Lynch and Gluskin Sheff Assoc., believes we are at peak inflation, deflationary trend has started, and the Fed will begin lowering interest rates sooner rather than later. Look forward not backwards, in seeing what is happening – Rosenberg. Market Peak was January 2022/ Bear markets lead recessions/ Bull markets lead economic recoveries.
• Jaime Carrasco, Investment advisor Canaccord on where he’s positioned and how he believes this inflation / recession will unfold.
• Kevin O’Leary on the “New Oil for the economy”.

Continue reading →

• IBM is Breaking upwards in this market. New three-year closing high.
• Soluna Computing (SLNH)*

Three-year chart IBM

Stats on IBM from Finviz: Continue reading →

In this blog:

• Are we seeing early signs for a positive market trend change?
• A Bitcoin bottom?

Are we seeing early signs for a positive market trend change?

The markets are no longer fearful of Inflation. If they fear anything, it is the recession or even a depression.

It is way to early to call the end of the correction, but there is the potential for a two to three month counter-trend rally. Perhaps a rally between now and November elections and then we have to see what follows the November event. Continue reading →

LOTM: Comment on Soluna, Galaxy Digital and more…

• Soluna and Galaxy Digital’s problem is more liquidity related than Company Problem
• Junior Gold Miners are cheap and not going way but requires patience.

The price of Soluna went below $4.00 today – trading as low as $3.72. Continue reading →