SELL
(Market Call Minute.) In the oil sands and doesn’t have as good leases as some of the others.
BUY ON WEAKNESS
(Market Call Minute.) Heavy oil and should be producing very shortly. Production should grow very rapidly.
COMMENT
For all practical purposes, he feels their process is real and their earnings are accelerating. He just sold his stock because it has reached its old high. When it goes down again, it can be repurchased.
BUY
Very bullish the whole agricultural complex because of rising demand from India, China and other parts of the world. Actual supply of grains stored all over the world is at the lowest it’s ever been. Has had a nice correction.
HOLD
Has never understood why this name always falls between the cracks. Maybe it’s because globally people just don’t know the name. Very cheap. Longer term you’re going to do fine. He is very bullish on oil. May be ahead of itself right now. He is waiting for a pullback of maybe 5%-10%.
BUY
One of the few who stocks that hasn’t taken out its old high. Numbers are accelerating in this name like everything else. Loves the name.
BUY

Gold: - Although gold has been going down, he expects it to be going a lot higher. The macro commodity trade is still on, seasonally this is a time when gold does poorly. Almost all stocks are down. This is a great time to be buying. Sitting almost right on its 200-day moving average and getting ready to go higher. When they move, they will move very quickly.

BUY
Coal tends to rise with energy prices. Metallurgical coal is going up because steel prices have been skyrocketing.
DON'T BUY
Not very bullish on the whole forest products industry. There is way too much supply in the world. Demand has been flat to declining.
TOP PICK
Gold stocks tend to trade more on the commodity and less on earnings. Right now the commodity is at the bottom end of its channel. You might as well buy an index; you don’t need to buy a name. On this one you get 2 times what the large-cap gold stocks do. If they go up 10%, you make 20%.
TOP PICK
A whole bunch of urea plants were knocked out of service because of the earthquake in China. Food is very, very tight in the world. He expects urea prices to accelerate.
TOP PICK

Top Short A lot of the consumer names have recently rallied. He still sees the numbers going down in almost all the financials and all the consumer stocks. The numbers just keep getting worse for this company. Also, when input prices start going up, they are going to skyrocket and that will squeeze the margins. (The average investor should not use shorts.)

DON'T BUY
Uranium prices have been coming down for the last year in spite of the stronger oil prices. At some time this will be a great buy but he doesn’t know when this is going to happen.