A couple of tumultuous days, with upward momentum today. With the decline in interest rates, volatility has to be expected. Going forward, it's important to be diversified. Don't be 100% in equities. Everyone's focusing on the market, but global economy continues to slow down. Populist wave in Europe. Similar to the 1930s economic turmoil. Geopolitical shift driven by Trump, reflecting that the system isn't working anymore. So he's being more conservative with clients' money, positioning for volatility.

Allocation to precious metals. Producers are the better play than physical gold. You'll get leverage from the companies. Standard advice is to have at least 5%. But most investors have none. By having an overweight position, he'll benefit when the light goes on and the money really starts pouring in. If you don't own gold, you don't know history or economics.

The drama and volatility will last and be worse than the Great Depression? He'd agree. Once this change really starts to take place, it's never coming back. Having a new currency reserve is needed. Asia, US, and Europe will each have a separate system.

Likes it. He's holding onto dividend payers like this one, but in an underweight position. Has a $20 target, and is comfortable with the dividend. A utility like this one is a good place to sit for the dividend. Massive downturn offers a great entry point. Cautionary note is the Alberta economy.

Are we seeing a significant triple top and subsequent bear market? Current situation is not chaos. It's a blob on a platter, always getting bigger or smaller. Bond market is signalling bear, but stock market isn't. Fed is ready to start lowering. They're preparing for something, and how bad is it going to be? We need a monetary reset. We're heading for a slowdown, and it's best to prepare and be cautious.

If you own it, definitely take money off. The US has a way of breaking up anything that has more power than the government. After the .com bubble burst, that was the time to find the Googles of the world.

Blockchain platforms. The technology will prevail. Bitcoin ran up, then crashed, and now it's shorting out. Likes bitcoin technology. At the next correction, that's the time to take a position. But the big ones like Google, who've had such a run, will be under pressure and government scrutiny.

Not too concerned about the dividend. Pipelines are monopolies, and ENB is a primary beneficiary of not building new pipelines. No matter what, it will get a lot of mileage and a lot of money.

(A Top Pick Aug 14/18, Up 15%) Four criteria for picking gold companies: good solid management, low cost production, reserves on the ground, geopolitical importance. Not a producer, it gets royalties. Dividend is set to increase. Not just gold, it's diversified. He'd recommend it to anybody as part of a small percentage in your portfolio.

(A Top Pick Aug 14/18, Up 20%) In a stealth way, serious money is coming into the sector. Low cost producer in Canada. Solid assets with big reserves on the ground.

(A Top Pick Aug 14/18, Down 17%) Actually added to it. Takes profits in winners in the sector and rolls them over. Loves management. Execution is unbelievable. The only junior that bought a company in the last little while. Will continue to grow.

One concern is that with the bust in blockchain, lots of facilities are not in demand right now. It will be a while before this comes back. If you want to play the crypto craze, look at the ones that are developing the technology instead of at the computer end.

One of the few Canadian companies he likes. Because they don't produce in Canada, they benefit from higher Brent prices. Differential is getting even wider.

Hits all the checkmarks except one. Questions about the Guyana government, and management execution has been a bit of a problem. Cost of production is low. He would shy away.

One of the few Canadian companies he'd include in a group of oil companies, as they're so big. If you own it, be cautious because of oil prices and the slowing world economy. If you're overweight, definitely take money off. In a rebound, SU is the first place money will drift in.