Copper Prices Hit 6-Month High | Due for a Correction

Okt 16th, 2017 | By brinvest | Category: AaronsBlog

Copper prices have had a strong run.  Starting around June of this year, we have seen the price of copper, react to falling copper supply. Hence, copper’s price has increased more than $0.50 to the current price above $3 per pound. Copper hit a fresh 6-month high this morning of $3.219. However, from a technical trader standpoint we are getting nervous. This article was written last week at a time when the price action had begun to weaken. There are a ... [more]

CMC Acquires Golden Point Gold Project in British Columbia’s Golden Triangle Bordering Teck Resources

Okt 16th, 2017 | By brinvest | Category: AaronsBlog

CMC Metals Ltd. – (“the Company”) (TSX-V: CMB) — is pleased to announce that it has acquired a 100 percent interest in the Golden Point gold prospect strategically located in British Columbia’s Golden Triangle bordering Teck Resources. The Golden Point Project comprises 87 claims totalling 1,518 hectares in the Skeena Natural Resource Region (Liard Mining Division). Michael Scholz, Director of CMC stated, “We are thrilled to have been able to acquire this new gold project in the heart of the Golden ... [more]

A Divided Canada | Energy Pipeline Failures Spark Division

Okt 15th, 2017 | By brinvest | Category: AaronsBlog

Canada is arguably the most divided it has been since Confederation, or at least since Pierre Trudeau implemented the disastrous National Energy Program almost forty years ago. Pipeline chaos makes Canada a divided nation Now, with Justin Trudeau’s Liberals in power, Conservatives in Alberta (a province which was, up until 2014, the economic leader of North America), and many around the country are feeling left out of economic opportunity. Due to dramatic income tax code changes, a forced ... [more]

‘Rainendown’ and ‘mjca’ lead October Stock Challenge with Global Blockchain Technologies

Okt 12th, 2017 | By brinvest | Category: AaronsBlog

Global Blockchain Technologies (BLOC: TSXV) is the latest blockchain deal to mint millionaires in Canada. Two Pinnacle members saw this coming and are up huge in October’s Stock Challenge. But first, what exactly is blockchain? Robert Hackett from Fortune defined blockchain in 2016, writing, “…the blockchain is actually a way to structure data, and the foundation of cryptocurrencies like Bitcoin. This coding breakthrough—which consists of concatenated blocks of transactions—allows competitors to share a digital ledger across a network of computers without ... [more]

Fiore Intersects 2.67 Metres at 381 g/t Silver and 1.0 Metre at 501 g/t Silver at Cerro Tostado

Okt 11th, 2017 | By brinvest | Category: AaronsBlog

FIORE GOLD LTD. (TSXV: F) (“Fiore” or the “Company”) is pleased to announce the results of the Phase I diamond and reverse-circulation (“RC”) drilling program at its Cerro Tostado project in Chile, following up on high-grade epithermal silver mineralisation previously intersected by three of eighteen holes drilled between 2010 and 2012 by Sociedad Quimica Y Minera de Chile SA (“SQM”).  Cerro Tostado is located just south of the main and Fortuna zones of Yamana Gold’s flagship El Peñon Mine (Figure ... [more]

American Corporations Now Control Your Portfolio

Okt 8th, 2017 | By brinvest | Category: AaronsBlog

According to corporate bond spreads, the fear of an American recession has fallen to the lowest level since July 2007 – a euphoric time right before the Great Recession. New data points on the U.S. economy, perhaps the most convincing in over a decade, suggest it is building real momentum… The manufacturing sector is on fire while a sinking trade deficit sent U.S. stocks to new all-time highs this week. That aside for a moment, there is one chart, one ... [more]

Canadian Stock Market Valuation According to CAPE

Okt 6th, 2017 | By brinvest | Category: AaronsBlog

Buy low and sell high is the most common investment axiom.  Buy stocks or ETFs when prices are low, and hold them until they are high.  Rinse and repeat.  Easy, right?  We wish it really was that easy. During any investment career, a participant will learn – sometimes painfully – that no matter how well you buy a stock based on rigorous valuation analysis, there are market factors at play that will impact how well that stock does. For Canadian stocks, one ... [more]

Buffett: Dow Headed to 1 Million

Okt 1st, 2017 | By brinvest | Category: AaronsBlog

Forget about 30,000 Dow; Warren Buffett recently stated that he expects the Dow Jones Industrial Average to be “over 1 million” in 100 years. We’re betting monetary policy, not U.S. economic growth will be the main driver to Dow 1 million. Although the Oracle of Omaha has the track record to back up this grand target, these types of statements from some of the world’s most influential people in finance routinely occur near market tops. Furthermore, Buffett is a perma-bull as his ... [more]

Member ‘firefly’ Rides Garibaldi Resources to Silver Bullion Glory

Sep 30th, 2017 | By brinvest | Category: AaronsBlog

Ladies and gentlemen… we have a new Champion! Long-time member ‘firefly’ has won the silver bullion; and, if the bullion and Pinnacle swag wasn’t enough he has finally gotten that monkey of defeat off his back! firefly posted a personal best, combined average return of 98.05% in September’s Stock Challenge. Feel free to bask in all the glory that comes with topping hundreds of Challengers by selecting two stocks that outperformed the rest in one month. Don’t wait to register ... [more]

Golden Triangle Could Carry the Day

Sep 29th, 2017 | By brinvest | Category: AaronsBlog

For investors who’ve stayed long, Golden Triangle juniors have made it feel almost as if money grows on trees. Garibaldi Resources is a perfect example. The junior miner traded for under 0.10 cents less than 12 months ago and is now $0.25 off its high of $2.06 per share. Garibaldi rallied 7% Thursday and may well deliver firefly his first-ever Stock Challenge win. A member of more than three years, ‘firefly‘ will take a 92.33% combined average ... [more]