Michael Campbell’s MoneyTalks – Complete Show
01:07 – 07:12 – Issac Newton’s 3rd law states “For every action, there is an equal and opposite reaction”. We have seen this physical law govern the investing world when for example the dot-com bubble rose spectacularily in 4 years to its highs, then reversed and collapsed all the way back to its starting point three years later. Anticipating when a major trend is going to change is arguably the underlying factor determining profits and losses. Newtons 3rd law is also applicable to to society in general, and with the rise in societal extremism the only thing we can count on is that there will be an equal and opposite reaction. The question? How will that reaction manifest.
08:58 – 18:06 Michael Levy on the massive changes coming down the pike in the energy market.
01:40 – 04:09 – Rick Bekkering of Pi Financial recommends a super defensive low volatility stock for growth and income portfolios. Emera Inc. (EMA.TO) operates in the electricity generation, transmission and distribution business throughout eastern North America. 11% dividend growth and 4.5% yield.
04:16 – 05:23 – Michael has 2 quotes this week that will go a long way towards protecting you from indoctrination
05:24 – 19:49 – The last time Mike interviewed Ryan Irvine Feb 25th 2017 he recommended Saskatoon’s International Road Dynamics not once but twice to MoneyTalks listeners in January and February. And lo and behold that $2.60 stock was taken over at $4.25 in June. He also recommended an energy services company that tripled in value while increasing their dividend 3xs, and a Canadian auto body company the Boyd Group (they fix cars) at $87.02 as a recession resistant investment. It closed August 4th @ $94.90. Be sure to catch Ryan’s latest recommendations in this compelling interview. One, PHO.V is one of his favorites, as it has what he calls a fortress balance sheet with 32 million cash in bank.
21:11 – 23:41 – Al Gore is in the news for more than his sequel to The Inconvenient Truth. After being criticized for having a home that consumed 20 times more than the average home, Al got to work to pare down his consumption. This weeks shocking stats tells you just how well that went! Safe to say anyone with a conscience would be very ashamed.
25:08 – 31:06 – Ozzie Jurock on a huge misconception that some people have when they invest in real estate. Plus hot properties.
32:36 – 36:35 – Victor Adairs says it’s an interesting combination: The major US stock indices keep making new All Time Highs, the USD has fallen ~11% since December with bearish sentiment at an extreme, credit quality spreads are narrow and volatility is extremely low across asset classes. In other words, the markets look to be set up for “change.”
36:40 – 38.40 – This weeks Goofy, President Trump wins the Goofy for a statement about his speech to the Boy Scouts
00:50 – 08:14 Michael’s Weekend Editorial “Defying Common Sense”
09:14 – 14:42 Top Business Stories with Michael Levy
15:17 – 18:55 – Mike’s Big Fat Idea with Ethan Dang, CFA, MBA Portfolio Manager McIver Capital Management
01:04 – 02:04 – Quote of the Week on the movie Dunkirk
02:05 – 19:14 – Featured guest is Eric Coffin who notes that there is usually a couple of periods a year when precious metals are positive and we are just beginning the stronger of the two that will run into this fall. Eric also notes that the committments of Traders (COT) was as bullish two weeks ago as it was in late 2015 just prior to the $329 rise in Gold thru the first half of 2016. Eric explains why he recommends San Marco Resources Inc. (SMN.V) and Vendetta Mining Corp. (VTT.V)
20:20 – 22:18 – Talk about a hot product in this weeks Shocking Stat
24:40 – 31:30 With so much talk on Foreign buying in real estate, Michael & Ozzie offer a startling idea of where a large portion foreign buying of US Real Estate is coming from. Also what the new Government in BC is likely to do in the real estate market. Also a waterfront condo for $205,000.
32:25 – 36:04 – Victor on the USD index which had its lowest weekly close in 15 months, down 10.5% from the 14 year highs made in December when bullish sentiment was at its peak on Trump’s “Make America Great Again”. While Victor thinks the US Dollar is near a turn higher, he has taken a position in Gold Calls and is also short the Canadian Dollar.
36:25 – 38:14 This weeks Goofy is just so wrong!
– Michael’s Editorial
– Two Big Stories via Michael Levy
– Solid Growth & Dividend Income in this week’s Big Fat Idea
0:26 – 01:07 Quote of the Week
01:08 – 17:40 – Don Vialoux addressses Seasonal market patterns have been around since the first crops were traded. Michael gets the latest update on how to profit from those seasonal patterns from Don, founder of www.timingthemarket.ca. Key in on summer trends that can juice your portfolio performance during the dog days of summer. Special focus on movements in precious metals.
21:30 – 25:14 – This weeks shocking Stat. No make that fascinating stats!!!!
25:41 – 31:29 – Ozzie on yet more changes to mortgage eligibility rules.
32:46 – 36:54 – Victor on the US Dollar Index has fallen ~10% from January’s 14 year highs. This week’s close was the lowest in 15 months. The USD made its highs on enthusiasm that Trump was going to make America Great Again and as the Fed was tightening monetary policy while other central banks were not. The USD has been falling since January as Trump’s plans appear to be increasingly bogged down in “Political Turmoil” and, not coincidentally, as the Fed seems less inclined to tighten further while other CB’s appear willing to do so.
Also this week we had a wonderful example of the relative impact of “Political Turmoil” when Draghi sounded more dovish than expected following the ECB meeting. But the Euro didn’t drop, as you might have expected, it rallied due to Special Prosecutor Muller “expanding his investigation” into Trump and family. The Euro ended the week at 2 year highs.
Sentiment plays a big role in the currency markets and right now sentiment is very negative the USD, just as sentiment was very bullish the USD as it was making 14 year highs in December.
37:16 – 39:24 – This weeks Goofy could be a peak in media fawning towards Justin Trudeau.
Following the first rate hike in Canada in 7 years, Kyle joins Michael to share some ideas on how to protect yourself – and some of the unforseen pitfalls of the mortgage world.
First Half Hour
Second Hour