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Canada thread

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Thread replies: 18
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File: 2016-10-25 19.53.52.png (131KB, 1048x1318px) Image search: [Google]
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Anyone else riding the best rally of any index this year?

Or anyone waiting for energy to pick up so we can get back on our feet?
>>
>>1587141
>energy to pick up

It's funny how when Fort Mc burned down, oil prices went up and stocks shot right up.

Now oil prices are up at the same level, but oil stocks are doing nothing
>>
>>1587141

Yeah, my "boring" stocks (banks, REITs) are outperforming all of my shitty ass gold and mining juniors this year. I'm sitting on double digit losses on most of them.

I don't even know why the fuck that happened since gold only lost like 3% at the start of September.
>>
I must have bought during the dip because I'm up like 8-10% XIC btw
>>
>>1587358

Same.

What exactly happened between fall/winter of 2015 and early 2016 when it all rebounded. I know the commodities lifted off, but what was driving all of it?

There seemed to have been no news or analysis. Was it simply a season trend?
>>
>>1587400
I can't remember exactly. Probably something to do with the forest fire plus Alberta recession and the election
>>
>>1587400
Oil went down, way down. There were fears of
>oil companies will go broke
>real estate bubble in Alberta will pop
>rest of country will follow
>banks will go

but luckily the saudis said they would consider reducing output and oil went up $20 a barrel
>>
>>1587141

Sold all my CGC stocs before they started to fall. Now I'm banking on 'Alliance Mining Corp' to rocket.
>>
Yeah mining is about to pick up - gold is going I to an exploration phase again which means they think it's going to have its day again.

Oil and gas must be about to see a heap of mergers realised, now that they're all so confident the worst is over (and have given everyone the sack, so there's some money floating about...)

Our options are diminishing though - looks like TD Ameritrade is gonna buy Scottrade
>>
no, because none of that will give me the gains like WAVES will. stay cucked nocoiners
>>
>>1587839
Yeah go back to second life, nerdmeister
>>
>>1587839
Waves just droped drastically
>>
Bumpity
>>
>>1588758

I'm surprised how much attention the ASX regulars have and how shitty Canadian threads are.

Seems Aussies are way more savvy than Canucks. We are literally a country defined by DUDE, WEED
>>
>>1588994
thats what we get for having LE WEEDMAN as our pm.
(funny cause weedstocks make sense to invest in :^) )
>>
>Passive Investment
O I am laffin

Excuse me while I enjoy my 22% gain over the past week swing trading

Looking at just shy of 90% gain for the year
>>
>>1588994
Yeah it's quite amazing... Not that it's just 4chan either but Canadians in general seem awful at investing - the only two I know who get involved have no research other than bloomberg on all day (incidentally makes them very boring to chat with)
>>
File: cacodemon reaction.png (185KB, 466x492px) Image search: [Google]
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No. my only direct exposure to Canadian markets is in the cannabis sector and an REIT ETF. I also picked up a materials ETF this summer, which is includes about 30% Canadian holdings. Good returns so far.

I'm also researching some Canadian mining companies with good fundamentals to invest in, but focusing on cannabis and health sector companies right now.
Thread posts: 18
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