“Justin has proven his worth by being more than an investment advisor. He tries to bring value to every interaction and is a name to watch in this industry going forward.” - Fabiana Lara, creator of The Next Big Rush
"Justin Hayek has been my investment advisor for over 7 years. I find his market knowledge invaluable. He has helped my portfolio grow, exceeding my expectations. I will continue to take advantage of his expertise and would highly recommend him to anyone looking for a fantastic advisor!" - Chase Shymkiw, Maple Ridge, BC
Over the last six years, the mining sector has had glimmers of hope. There have been too few successes to cheer about, although there have been a couple darlings in the space. One in particular that stands out is SilverCrest Metals (TSXV:SIL).
In this issue of the Mining Sector Update, PI Financial's mining analysts answer the questions:
With silver now trading north of US$ 19 / oz, hitting multi-year highs, what that does this mean for the silver equities? Will silver continue to outperform gold?
What are the new price targets for precious metals equities using silver at US$ 19 / oz? Find out what PI Financial's mining analysts think in this mining sector update.
With what appears to be a new bull market for gold and other precious metals, I am having more conversations with clients and other investors as to how they should be invested in the sector.
Interest rates around the world are trending towards or are now at record lows. This applies to GICs (guaranteed investment certificate) too. Just to give you an example of how much rates have declined; in the 1980's a 5 year GIC paid as much as 15% per year at the time, today 2% is the norm.
Gold is testing multi-year highs after making an incredible move in the last year, up nearly US $300 / oz (~25%).
Recently there's been significant coverage in the media about blockchain, Bitcoin and other cryptocurrencies. But what does this all mean and what are the implications? And of course, as investors, how can we profit on this?!
I recently came across an article in the Financial Post suggesting the cup of coffee you buy yourself every morning could be delaying your retirement by 4 months, 17 days and 9 hours.
Investors make a number of mistakes which lead to losses, heartache and steering them off the path to their financial goals. Here are the six worst investing mistakes and how to avoid them:
Not Having Clear Investment Goals and Objectives
Its taken about 7 years but it finally happened - the Bank of Canada raised its key interest rate. Though the rate increase was not much in absolute terms (from 0.50% to 0.75%) the path has been set and the implications to your finances and investments - your financial well being - may be huuuuuuuge (as Donald Trump would say). Here's why:
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