(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.

Would begin taking a position, or in any of the other pipelines. But be strategic. Don't put all your money in right now. Whatever's going to happen in the next year, the yield will increase because the stock price will come down. When the market gets hit, the funds sell whatever is liquid and the dividend yield gets pushed up because everyone is selling, and that's a great time to buy.

Hard to take a position because of the differential. Would want to see the commodity price higher before he started a position. Go international instead if you want to play energy.

Why is gold higher, but the companies are stuck in the penalty box? Producers have come down in a big way, because no one's coming into the sector. But that's the opportunity. AEM continues to move because if produces at $650 CAD, while gold is at $1800. Same with KL. He doesn't look at Barrick or Goldcorp, because they're like looking at IBM vs. Microsoft circa 1985. He doesn't want to play the waiting game.

A new, up and coming royalty. His replacement for Silver Wheaton. Have financed quite a lot of projects. Should get good, solid dividend growth. As well as capital gains, as the prices of gold and silver move. Yield is 1.1%.

The markets will continue to rise because Trump will continue to pressure the Fed to print money; Trump needs to fund a lot of infrastructure to get re-elected. The IMF has warned that America won't bail out the European banks during the next crisis and he feels that Trump won't. He feels gold will rise in price; since April 1, gold has become a tier-one asset again, not since the 1970s. Gold has been physically flowing to Asia and Russia. China has transferred 18,000 tons of gold since 2008 to its banking sector. So, if we see another crisis, then China raise the price of gold just like Roosevelt did in 1933. For Trump to really succeed, he needs to kill the value of the USD by restructuring the monetary system through gold with international help. Who? He thinks China will help through a currency re-structuring.

IPL vs. ENB He likes both and owns four in his portfolio. ENB pays a higher yield at 5.95% and has had a nice rebound. He likes pipelines for cash flow. ENG pays a slightly higher rate of return. There's little risk in buying pipelines, because we're not building them. He prefers ENB.

IPL vs. ENB He likes both and owns four in his portfolio. ENB pays a higher yield at 5.95% and has had a nice rebound. He likes pipelines for cash flow. ENG pays a slightly higher rate of return. There's little risk in buying pipelines, because we're not building them. He prefers ENB.