The Price of Gold In the CymorFund article of July 24, 2013, we noted that gold seems to have found a support level. We think GOLD is Attractive, so what is more appropriate than a picture of beauty in front of Gold. CymorFund Gold Stock Picks Some of CymorFunds Stock Picks in our Investment Letter… Continue reading Gold – What Price to Expect
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
CymorFund Stock Picks – Sell Facebook
CymorFund Investment Newsletter Stock Picks recommended buying Facebook at $26.00 on May 8, 2013 because of its immense market penetration and its dramatically growing mobile ad revenue. The above chart from Business Insider tells the story. In the latest published results from Facebook, mobile revenue grew substantially – exactly what CymorFund Investment Newsletter Stock Picks had advised its… Continue reading CymorFund Stock Picks – Sell Facebook
CymorFund Stock Picks Update
In our Investment Newsletter, we highlight stock picks that we believe have strong upside, and strong fundamentals. Today, we have a brief update on some of those picks. Our Winning Record In spite of a disastrous down plunge in the junior resource market, our picks are substantially ahead. We have closed three positions – all… Continue reading CymorFund Stock Picks Update
Gold Stocks Poised to Move Higher
Gold The following chart (thanks to Kitco) shows the continued drop in the price of gold this year. From a high of $1,900 US in 2011, gold has continually drifted lower. If you haven’t noticed, the price of an ounce of gold continued its fall in June. It hit a low of $1,180 US in… Continue reading Gold Stocks Poised to Move Higher
CymorFund Stock Picks – Close the Apple Short Position
CymorFund Investment Newsletter Stock Picks recommended shorting Apple (AAPL) on May 2, 2013 at $439.70. It is time to close that trade. Buy Apple today at $430.31. We Have a Profit That is a modest profit of 2.15% but it is a profit. Better to take a profit than fight the trend. Technical View… Continue reading CymorFund Stock Picks – Close the Apple Short Position
CymorFund Stock Picks – Sell Medicago @ $1.16
The CymorFund Investment Newsletter picks stocks that have a strong upward potential, and have good assets. Whats-Hot-or-NotWe pick stocks will a nice upward lift in value potential, and these stocks can have a 10 Bagger potential. Medicago is such a stock. We recommended it on February 21, 2013 @ $0.54. It had a nice run… Continue reading CymorFund Stock Picks – Sell Medicago @ $1.16
Deficits Fall, Revenues Increase, and Demand for Gold
The World is Unfolding as Expected Deficit is Reducing The Obama administration just released its latest numbers and projects that the federal budget deficit will drop to the lowest level in five years, $759 B for the year ending Sept. 30, as the economy improves and tax collections increase. As we have repeatedly commented, the… Continue reading Deficits Fall, Revenues Increase, and Demand for Gold
Where is investment money currently flowing to? Silver, Silver, and Silver
The Price of Commodities In our last blog, we talked about the value of the US dollar as compared to the price of commodities. Somehow economists and people are not relating the relentless increase in the price of pretty well all commodities to the fall in the US dollar. If you listen to some of… Continue reading Where is investment money currently flowing to? Silver, Silver, and Silver
Jim Rogers Opinions on the Price of GOLD
Cymorfund Comments We reprint the following article. In an interview, the famed commodity guru insists he knew the price of gold was dropping to $1,200 and could now drop further to $900, until all the gold experts have lost hope. Then he thinks the price will again explode upward. He joins many renowned gold ‘experts’… Continue reading Jim Rogers Opinions on the Price of GOLD
Investors – Reducing Deficit is +ve BUY THE DOW
An Update on the Deficit The fiscal debt situation in the USA is improving and investing in the stock market is improving with it. First we look at the deficit situation and then the Dow Jones Industrial Index. The Congressional Budget Office said that spending in May would’ve been $4 billion less than a year… Continue reading Investors – Reducing Deficit is +ve BUY THE DOW