A Comment -- General Comments From an Expert (A Commentary)

Gov’t Canada Bond. 5.75% (Matures June 1st 2033) Considering interest rates you can expect 8-11% total return.

Prov. Ontario Bond. 4.95% (Matures Nov 28th, 2016) A U.S pay. The spread on bond has widened. Can get 16-18% return.

RRV’s. Real return inflation protected bonds. Safe against increasing inflation.

Canada is an export based economy, the raising value of the dollar is great for investors, you’ll get bonus when dollar turns.

He is reluctant to commit any new cash to this market, so any of his Buys or Top Picks are not meant to imply that you Buy immediately, but wait to see what happens to the market.

Government Bonds - Believes the US has started a serious economic slowdown and could go into a recession. Hard to say if Canada would follow, as our resources are so strong a part of it would, which would keep rates from going up. Also short-term rates c

View on the market - Short term paper and long-term assets crisis is giving concerns. This will elongate summer correction. There will be further problems. A lot of companies not affected and basically the market is sound. An important factor is consumer

Gold - If the market really gets nailed, there’s no really good place to hide, but some sectors may be less hurt than others. Gold would probably be one of those sectors. A lot of the gold companies are having difficulty making money. Cost of production

Micro Cap Golds - Junior exploration companies got hit very hard with the subprime debacle because people were running from anything that had perceived risks attached. Still in the midst of a very choppy market and a mid-caps and large companies are goin

Dow Industrials vs. Transportation - For the economy consider transports as the canary in the mine. If transports are busy, the economy is busy. Using last February as the pivot point, The Dow Industrials rallied solidly above it and are still above it.

TSX Financials vs. Gold Index – The Financials 10-month rate of change has been above zero for about 5 years. The Gold has been below zero. The chart shows a Bear in 06 and into 07. He feels the Financials are getting tired as the rate of change is getti

Junior Gold vs. Senior Gold - In the first stages of a Bull, Juniors are the place to be. As the Bull matures the Seniors get moving. At this stage of the Bull he would not go for the Juniors.

S&P 500 has done a perfect reverse head and shoulders, but it is not very big. To be a valid head and shoulders, it will have to take out a new high. If it only rallies to about half way then it will retest its low, which is when the nail biting time com

Natural Gas - Thinks it is trying to bottom. He usually uses a spread between crude and natural gas. Gas is trying to put in a higher low.

Molybdenum: - In the short term, he expects a lot of volatility because that is what we will get in all of these markets. In the very long term, expect demand increases. This is a very good metal to use in alloying steels. It imparts numerous, very benef