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  • What Does The Weyerhaeuser-Plum Creek Merger Mean For Timber Investors? [View article]
    How about Canadian West Fraser Timber (WFT)? They are also consolidating holdings in this industry and are well diversified. Any comments?
    Nov 23, 2015. 09:54 PM | 1 Like Like |Link to Comment
  • Leveraging Retirement Income: The Most Important Investment Technique [View article]
    We've followed exactly the same formula for 32 years of living in Holland and Belgium, before we retired to return to our family home in the Ontario, Canada countryside. There are scenic views of "The Lake" through our front windows. Swimming & boating summers for little or no cost; skating in winter or biking and walking through the abundant woodland trails. A low cost, relatively low tax, very safe environment, among "Amish" & "Mennonite" Christian workmen and tradesmen-farmers who have helped us completely restore, modernize and upgrade/winterize our 1956 era house to the best 2015 standards. We burn locally supplied firewood in the winter to keep energy costs low. The people who live here are honest, reliable and never charge us more than $15 to $20 USD max./hour wages for a very honest day's work on home or car. Abundant local farm-fresh food; inexpensive home-made wine and beer, every bit as good as the best we've consumed in Belgium or France & Italy, at lower prices, are available. A weekend "meal out" at the many area country churches costs about $10 per plate with home-made pies for desert. Imagine dinner for two, well served: $20.
    We are looking forward to your many added suggestions for the good-life at bargain prices, with travels around the world in 2016. There's still more to learn.
    Nov 23, 2015. 09:07 PM | 1 Like Like |Link to Comment
  • Goldcorp: My Thoughts On The Third Quarter And The Future [View article]
    Dear 603; I am Canadian. I visited GoldCorp offices, (then in Toronto) in 2002 before I invested a considerable sum, but less than 10%, of our family assets. The share price was about $14.50 then. We have known some of the founders of this firm and two of its CEO's, (Rob McEwan and Ian Telfer) for a very long time. Present CEO, Chuck Jeannes is also known to me, but not as well. I have done careful due diligence on this company ever since I purchased those shares. When Ian Telfer first set up Silver Wheaton, (SLW) we took a sizeable position in these shares. Our average cost was $4.11. Both firms are still very well managed, with good records of steady reductions in production costs. None of GoldCorp production is hedged. Its excellent properties are in "safe" North American/ Caribbean & South American jurisdictions. Morningstar rates it 4 stars and BMO Nesbit Burns "Outperform". It is therefore the very best major Gold producer in the world. It has really only one drawback: the horrible commodity market prices of gold and silver. Despite many pro and con opinions, there is certainly credible evidence of downward price rigging of precious metals, not unlike the LIBOR scandal exposed. Rigged markets are much too likely, today. Many astute analysts are confident both gold and silver prices shall rise substantially by 2017. All things together, if you seek to own a solid gold miner, this is the one to buy for the long pull. Recalling that similar firms did exceedingly well from 1932 to 1937, such an "insurance policy" against a major economic collapse, is not a bad choice. The company has paid dividends since 2003 and is well able, despite extremely low gold prices, to keep paying through 2016-'17. Its current yield is 2%. Nothing is certain, but lower gold/silver prices are much less likely than higher prices 3 to 5 years ahead. Be patient, collect dividends (in GG and SLW), and prepare for better prices and share values in future years. Keep the faith!
    Nov 18, 2015. 11:06 PM | 1 Like Like |Link to Comment
  • Why Isn't Herbalife Paying Off Its Credit Card? [View article]
    How true. How long did all the investigations of the tobacco industry take? From 1954 until well into the 1990's this terrible source of health hazards, cancer and human misery fought the same sort of rear guard action as appears to be going on with HLF. Even today, tobacco shares are sold and touted by Wall Street as good, high dividend paying, issues. The industry is still a legal, lawful trade in the USA. Does that make aggressive 1950's style sales promotion of its products in Africa and Asia morally defensible? Some stocks are just not suitable for investors who honestly care about the impact such a business model has upon other people's lives.
    Nov 18, 2015. 11:36 AM | 1 Like Like |Link to Comment
  • Why Isn't Herbalife Paying Off Its Credit Card? [View article]
    George Soros must need the money badly, since his fund has reportedly (in latest 13 F) lost 40% of its value or $4 Billion. George Soros is a very intelligent and shrewd investor. Nobody ever said he wasn't well connected, politically; so he sees ahead in Washington. All readers of these debates should ask: Why would George Soros come back to purchase HLF now that he has exited the position? This roller-coaster ride in an increasingly unstable and risky company should give any intelligent investor much pause. When Warren Buffett starts to buy HLF I shall change my tune. Otherwise, my advice: get out now before the whole scheme collapses.
    Nov 18, 2015. 11:09 AM | 1 Like Like |Link to Comment
  • Feds to announce criminal and civil actions related to dietary supplements this afternoon; major players slump [View news story]
    He always does! His many gifts to the Democrats and causes favourable to Obama begin to make sense now. Pity he didn't "have a word" with his buddy Carl. I've tried to send Icahn a friendly tip, but I'm one Canadian who can't get the same 1% N.Y. Yankee ear as Justin seems able to these days.
    Nov 18, 2015. 02:18 AM | Likes Like |Link to Comment
  • DOJ indicts dietary supplement maker USP Labs for criminal conspiracy to sell toxic substances [View news story]
    In Canada there have been similar inquiries published about USA sourced vitamin supplements and similar dangerous products that are banned in The True North Strong and Free. Many Canadians who travel to the USA still buy them at retail, consume them and even import them for personal use; (not illegal, I am told). It is a very sad old American tradition, begun with the proverbial frontier snake oil salesmen to offer such "elixers of life". Teddy Roosevelt and others had the FDA set up to curtail such "Business opportunities" long ago. The FDA is still chasing the wayward frontiersmen to this day. No doubt some have found a home at Herbalife. The sham, goes on! They continue to outwit the Lone Rangers of FDA.
    Nov 18, 2015. 02:07 AM | Likes Like |Link to Comment
  • Why Isn't Herbalife Paying Off Its Credit Card? [View article]
    Don't count on that because they come cheaper by the score. People like that are in great supply in Washington and the supply always exceeds the demand.
    Nov 16, 2015. 11:53 PM | Likes Like |Link to Comment
  • Why Isn't Herbalife Paying Off Its Credit Card? [View article]
    Reminds me of the Keystone XL deliberations. They took 7 years before Obama made his obvious political decision, after his nemesis, Stephen Harper left office and Obama's new little sycophant, Justin was safely in Ottawa.
    Nov 16, 2015. 11:50 PM | Likes Like |Link to Comment
  • Why Isn't Herbalife Paying Off Its Credit Card? [View article]
    A quaint little archive of sound advice it shall become! With even fewer key stock holders to control 90% of the float, soon you'll be all alone to help steer HLF onto the rocks. Remember, your midas touch of HLF paper profits won't turn to gold until you sell those inflated shares. Today we learned George Soros finally came to his senses and bailed out, selling all his 2 million shares in time to save his ill gotten gains. His 13 F also revealed his fund's value has plummeted nearly $4 Billion, recently, so clearly he needed the money. icahn1, since it's all about "me, myself and I" in your stratospheric 1%-er world, think of yourself yet again, bail out and sell. Now's the time to retire.
    Nov 16, 2015. 11:42 PM | 1 Like Like |Link to Comment
  • AT&T and GM among Buffett's Q3 adds [View news story]
    More importantly, Direct TV was considered by Buffett to be a good investment in itself. Adding DTV to AT&T adds real value to T by this reasoning. Despite much negativity, AT&T is in transition to being a different, growing and much more profitable company. Let us wait, patiently, for further clarifications from (BRK.A or B) before we jump to conclusions. Keep in mind that, in 3/31/2014, Buffett's 13F filing indicated he had acquired 11 million Verizon (VZ) shares. In 2015 he reported holdings of 15 million. Thoughtful analysis of comparisons between VZ and T definitely shows T is a much better/rewarding investment than VZ is today.
    Nov 16, 2015. 10:05 AM | 9 Likes Like |Link to Comment
  • Ackman Seeing Red; A Bottom For Kinder Morgan? - Bezek's Daily Briefing [View article]
    HLF attracts a certain type of warped "investor-apologist" or "moralizing" short seller, alike. George Soros, Carl Icahn and Bill Ackman are part of this unholy sport club, playing opposite sides of the table, (mostly with other people's money). Kinder Morgan and Richard Kinder's style, Bernie Madoff, Dick Fuld, Al Dunlap, World Com, Nortel, Valeant, the list of examples gets longer every day. We simply don't have effective standards for sound executive analysis. These should very carefully illuminate managerial integrity, honesty, track records of propriety and basic freedom from sociopathic tendencies. These analyses are sadly lacking in all but the rarest of instances for the retail investor to examine when preparing to invest our life savings wisely. When we find rare managers; executives whose honesty we can start to objectively trust, we can invest in their companies, with one caveat: "Trust, but verify!" Use due vigilance; constantly. Always follow-up.
    Nov 14, 2015. 12:53 PM | 1 Like Like |Link to Comment
  • Canada to ban oil tankers on north Pacific coast in blow to Enbridge [View news story]
    I recall good 'ol Pierre Elliott Trudeau's off the cuff remark, in paraphrase: "shucks, I guess I'm just a softie". Soft on sound economic policies, soft on deficit financing, soft on spending other people's hard earned incomes for "social" policies that accomplished little, if anything, of lasting benefit to Canada or the world. Recently, Justin has responded in a similar vein on his campaign trail. He's soft on ISIS or ISIL, whatever we call it. His response: we're going to withdraw all Canadian forces in the fight. We'll offer humanitarian aid and take in 25,000 refugees driven out of their homes by ISIS cowardly murders, but this fight in the middle east is not our fight. In a nutshell: "get soft on terrorism"; yes, back to the future with another good 'ol softie making policy in Ottawa.
    Nov 14, 2015. 11:27 AM | 6 Likes Like |Link to Comment
  • Canada to ban oil tankers on north Pacific coast in blow to Enbridge [View news story]
    P.S. Yes, I have owned Enbridge for years but now am considering selling it and transferring the funds abroad, (maybe to a Russian oil company shares?).
    Nov 13, 2015. 05:10 PM | 2 Likes Like |Link to Comment
  • Canada to ban oil tankers on north Pacific coast in blow to Enbridge [View news story]
    I'm Canadian and voted for Harper's Conservatives. Canada lost an experienced, well informed economist as Prime Minister and an excellent, business oriented government. In place we got a handsome, 43 year old "Rock Star", ex-school teacher, Justin Trudeau; son of an equally miscued Liberal P. M., the late go go Pierre Elliott Trudeau. Justin never ran a business, never met a payroll and knows less about economics, or cold hard world trade out there, than his inept transport minister. If theoretical environmental economics, so-called "goodwill" and "getting along with Obama" could pay taxes, hire and feed the hungry, Justin's decision would make perfect sense. Imagine: Justin has performed a previously impossible feat for any Canadian P.M.: he's pleased the Saudi's, Obama and Putin simultaneously (at our expense). His Brilliant idea? Kill our oil market access; destroy good jobs, boost Saudi & Russian oil exports, borrow to balance Canada's budget shortfall & fund the unemployed mobs of first nation hunter-gatherer's on our western shores. It sets B.C.'s economy back 200 years. It offers canoes, teepees, bird killing windmills and reservation food rations.
    Nov 13, 2015. 05:04 PM | 17 Likes Like |Link to Comment