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Posted on October 18th, 2014 by Jeff Pollock

Gold bugs have been disappointed with the performance of bullion since the precious metal topped $1,800 per ounce several years ago. It closed at $1,220 on September 26th.. The USD has appreciated for eleven straight weeks, a streak unseen since 1967. This comes as investors foresee an end to the Federal Reserve’s QE3 money printing […]

Posted on October 18th, 2014 by Jeff Pollock

As the market continues to appreciate north and south of the border, finding value becomes more difficult. This year alone, after including dividends, the TSX is up almost 15% while the S&P 500 has gained more than 10%. Finding value is less difficult when searching for companies less closely followed by Bay Street. One good […]

Posted on October 18th, 2014 by Jeff Pollock

Market bears have been calling for a correction – in some cases, by as much as 20% – since the start of the year. So far, they have been wrong. Perhaps the best reason is that unlike past calms before the storm, this market isn’t that expensive. The S&P 500 is currently trading at 14x […]

Posted on October 18th, 2014 by David Baskin

GRADING OUR OUTLOOK 2014 FORECASTS The proliferation of social media, blogs and others forms of self-publishing has swamped consumers with information. Most can’t remember where they read the last piece of data, and as new information floods in, old things are quickly forgotten. This works in favour of those who make predictions. If the predictions […]

Posted on October 18th, 2014 by David Baskin

Long term holders of Tim Hortons have now, counting dividends, about quadrupled their money. Now that’s a double-double we can all love. So it is with regret that we have sold our holdings in this long-held core position. Here are our reasons: 1. The price is very attractive. We thought the stock was expensive in […]

Posted on October 18th, 2014 by Stephen Barook

As investors digest this week’s slew of bank earnings, slower loan growth appears to be a recurring trend. Last Friday, the Royal Bank of Canada reported its mortgage book grew an unexciting 4 percent year-over-year. More information about the state of Canada’s housing market will become known in the quarters ahead. While Canadian housing prices […]