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  • Surprising Upturn for the Energy Sector [View article]
    The USD broke a key support level last week, closing below $83.45 It is headed below $80 which will onlu fuel more commodity buying. Hoping for a USD rebound is an exercise in futility.


    On May 09 03:32 AM Alan von Altendorf wrote:

    > I expect oil and natgas to move lower again. The pop was spillover
    > from the financials. This whole market is starting to feel like a
    > dollar devaluation hedge, which pushes up nominal USD prices.
    May 11 15:24 pm |Rating: 0 0 |Link to Comment
  • 11 Top Canadian Dividend Stocks Available as ADRs [View article]
    Just to clarify something about Canadian energy trusts. They were not created by establishing a tax loophole. The Canadian Govt made a decision to further encourage exploration and development of oil, nat gas, and coal properties that the oil majors were not interested in developing (due to poor economics). This was a wise decision which the current Ottawa Govt has completely forgotten as Canadian reserves have grown over 100% since CANROYs were established. Besides this fact would anyone claim that US REITs were established out of a tax loophole? Don't think so. Loophole is a bogus word in this context.
    Aug 31 16:19 pm |Rating: 0 0 |Link to Comment
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