The Green Organic Dutchman

June 2, 2018

I had an informative chat with an investment advisor this week.  I asked them if the big mutual fund company they represent has a cannabis mutual fund.  They said no, because a lot of the fund managers are taking a “wait and see” approach on marijuana stocks at the moment.  Apparently they are worried that […]

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Gold – $1400 By Canada Day

May 26, 2018

Since you pay me the big bucks to read this silly little blog, I’ll make it worth your while by giving you a prediction: before the end of June, gold will hit $1,400. That may seem like a bold prediction, given that gold closed on Friday at $1,303.70. Or, that may seem like a not-that-bold […]

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Still the Same

May 19, 2018

I will keep this short, because it’s a long weekend here in Ontario, and we all have better things to do than worry about the markets. Tesla continues it’s implosion.  I sold all of my puts, at a nice profit, so I currently have no position.  Tesla appears to have a base of support around […]

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Short on Tesla, Long on Gold

May 12, 2018

I am short on Tesla.  I am on record as predicting that Tesla will file bankruptcy on or before September 13, 2019, and it would not surprise me if the date is September 13, 2018.  They are bleeding cash like crazy, and more importantly they have no idea how to build cars.  Deliveries are delayed, […]

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Canada is Going to Pot

May 5, 2018

I don’t use marijuana.  Never have.  But now that it is very likely that by the summer Canada will become the first G8 country to legalize pot, so whether you smoke it or not, there is an opportunity to play pot for profit. As an aside, I make no moral judgments on pot.  The fact that […]

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Amazon: The Week That Was

April 28, 2018

This week I decided to play AMZN – Inc.  Here’s how it went: On Monday April 23 I bought 100 shares for $1,529, then another 100 for $1,538.75, and then I averaged down and bought a final 100 shares for $1,511.  Average cost $1,526.25. By Tuesday it was down to $1,463.50, so I sold […]

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Moving up the Tesla Bankruptcy Date

April 21, 2018

Last week I predicted that Tesla would file bankruptcy on September 13, 2019.   That prediction is appearing excessively conservative.  It could be September 13, 2018. They are bleeding cash, and have no idea how to build cars, which is not good if you are a car company. I shorted the stock at $303, and it closed […]

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Tesla: What Day Will They File Bankruptcy?

April 14, 2018

September 13, 2019. That’s the day Tesla will file bankruptcy. How do I know? I don’t.  I just made it up.  I picked it because it’s a Friday the 13th, next year, which seems fitting.  The bankruptcy of Tesla could happen sooner.  Or later.  But it is inevitable. Even Elon Musk joked about it on […]

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The Turn in Gold?

April 7, 2018

Could be.  I don’t know, but it could be. NUGT performed well last week, and this week will be a turning point, as either the uptrend or downtrend line will be violated, which should tell us what happens next. We are entering a seasonally good time for gold, so my bet would be on a […]

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Is the Bottom in For Gold?

March 31, 2018

I have no idea.  It all depends on how you want to interpret the chart.  Here’s NUGT – Direxion Daily Gold Miners Bull 3x Shares NYSE + BATS: As you can see, there are four important bottoms so far this year: February 9 at $21.42 March 1 at $21.25 (which is worrisome, because it is […]

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