Stockhouse

U.S. investment strategist Jeffrey Saut is a big fan of Canada and its natural resources. The Raymond James & Assoc. Senior vice-president, and chief economist is so fond of all things Canadian that he once told a Globe and Mail newspaper reporter that when the U.S. sent troops into Iraq back in 2003, it invaded the wrong country. “We should have invaded Canada,’’ he said. Six years later, Saut was slightly taken aback when reminded of the comment. It was actually a tongue in cheek...Read Full Story

Blood is running in the streets of Dawson City , Yukon . Not literally, of course. Dawson is the heart of the new Yukon gold rush. It's the most exciting new area for gold exploration in the world. I have no doubt that over the next decade or so, many investors will become millionaires because of the investments they make in the next few years. We already saw global gold miner Kinross Gold rush in and buy one project here. We've seen several other junior mining companies exploring...Read Full Story

Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. Peter Kennedy reports on why the U.S. should have invaded Canada in his Stockhouse Movers & Shakers column. Top Bullboards post: “Based on the corporate presentation they still have 20 million in the bank. The burn rate is around 2 million a month so there's no immediate urgency. 5 or 6 months from now you're right though, we're in a bit of...Read Full Story

Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. Chris Wilson explains why he believes oil sands Crown sales are falling out of favour. Top Bullboards post: “PEA proves that a mine would be ridiculously profitable ( $1b NPV, just short of 250,000 ounces of production a year over 11 years, with costs around $460/ounce). Great jurisdiction. Significant upside potential/drill results yet to...Read Full Story

I guess a lot of people wet their pants last night, as gold was down over 4% at some point. The chart incurred technical damage over the short term, and if current support fails to hold, gold could be headed for about $1,440 (or the equivalent of $140 on the SPDR Gold Trust (NYSE: GLD, Stock Forum), as we will discuss later on. Let’s first have a look at an article I wrote in August 2011 when I wrote: Gold 2006 vs Gold Today, Does It Look Familiar? When we look at the following charts, we...Read Full Story