Monthly June, 2012
Canadian Oil Sands Prices as an Indicator In recent months there has been an anomaly between world oil prices and the price of oil coming out of the Canadian Oil Sands. Because of transportation issues Canadian heavy oil has been receiving less value than the world price of oil. They say that this is a...
In my Blog of June 30, 2012, www.cymorfund.com I discussed how there is greater Political Risk in certain jurisdictions than others. I suggested that when considering investing in companies, one should give a higher value to companies operating in “Safe Jurisdictions”. Portfolio Composition Today, I mention some examples of why I consider Jurisdiction Risk and...
Scary Stories from South America Cymorfund www.cymorfund.com has long advocated a policy for investors of avoiding political risk. The investment community often uses the same metrics to value the shares of exploration and production of resources companies in different parts of the world. This is so very wrong, yet it continues. Why Safety from Political...
Lawrence Cyna: Look for value in a depressed market Lawrence Cyna, CEO and Fund Manager of Cymor Strategic Growth Funds www.cymorfund.com , doesn’t lose any sleep over the current state of the markets. He takes it all in stride because he’s seen it before and knows he will likely see it again. In this exclusive...
Urgent News to Gain our Attention We www.cymorfund.com are smitten daily with instant news from around the world. This overload of information colors our understanding of events occurring around us and makes the seeming urgency of today’s news distort our understanding of longer term trends. Whether Greece will leave the EU, or whether Japan has...
I Love Coffee I have always loved coffee. I don’t love Latte’s or Cappuccino’s. I love good American coffee. Black coffee. Without sugar and without cream. Just good coffee. I love my coffee hot. I have always drank 5 or 6 cups a day, much to the chagrin of those around me. There has always...
In my last two blogs, I discussed how the world was not coming to an end. I discussed how the stock market reacts by moving to the extreme up or the extreme down, depending on the current mood. I discussed how the supposedly incomprehensible debt could be dealt with, and I gave the example of...
In our last Bl9og, we talked about the current downturn in the market and the ever climbing Wall of Worry. We referred to the never-ending economic cycles that have always existing and always will exist. They mirror the fluctuations in human emotions, which range from higher highs to lower lows, always exceeding in either direction...
The Stock Markets Compared to 2008 We are in a sustained downtrend for junior commodity stocks. Some juniors have lost 50% of value and some have lost 80% of value. The Wall of Worry continues and this fear that pervades is driving stock prices lower. Many are comparing the current period to the dramatic falls...