Keith Schaefer

Gold hit a 7.5 year high of US$1742.60/oz on June Comex futures on April 7. Gold has definitely been one of the best performing asset classes during the COVID-19 financial scare.  With QE Infiniti now in place to replenish the world economy, I see a strong future for gold. Gold stocks, however, have definitely not kept […]

This is not a time for investors to sit on the sidelines and suck their thumbs. Now is the time to act. Now is the time to buy, buy, buy! Why? Because the U.S. Federal Reserve just released the biggest fiscal monetary policy BAZOOKA in history. The Fed has completely taken all of the risk […]

Yes it’s true.  Ensign Energy Services ESI-TSX has an official dividend of 24 cents per year—6 cents paid quarterly.  And the stock trades for 24 cents. Ensign is a Canadian-listed drilling company, but is one of the most international stories, with oil and gas rigs around the world.  Only about 30% of its EBITDA comes from […]

Oil is rocking up today, but the social fallout of the very low oil price in western Canada could deep, and for a long time.  If a lot of wells get shut in–I’m not sure people really understand what that means for rural communities. Oftentimes, the largest two expenses for an oil and gas company […]

The gold miners and gold itself endured a rough week last week. There are plenty of explanations of what contributed to the fall.  There was the reversal in long-bonds (see bottom of this article) the flight to sell what is liquid just the overall panic that pervaded all asset classes. But I think that something […]

  The man who has made me more money than ANYONE – Nathan Weiss – is hosting a special conference call on the latest Coronavirus, COVID-19.   On this call, you will learn   Why there will be vast improvement in treatments in the next 1-2 months (the response by the global medical community is […]

  The Market had its biggest UP day in history Monday, with the Dow up 1294 points, as central bankers around the world committed to liquidity for the Market.  That will mean lower interest rates and making more money available to keep the global money flow going! Of course, this was in response to the first, […]

Financial markets have an impressive ability to discount (or predict) major events days in advance. For example, think of the market declines leading up to 9/11–the S&P 500 declined 7.79% over the ten trading days prior.  NOW, over the past five trading days, the S&P 500 has declined 12%, as market chatter is focused on […]