December 29, 2010 · 1 comment
in 2011, Canadian, Canadian economy, TSX, commodities, distributions, energy, income, income trusts, news and updates, oil, resources
Pengrowth Energy Trust (TSX: PGF.UN) will be making the conversion to a corporate structure effective January 1, 2011.
Pengrowth will trade under the symbol “PGF” on the TSX and under the name “Pengrowth Corporation.” On the NYSE, Pengrowth will likely trade under the ticker “PGH.”
Should You Sell Your Trusts Before 2011?
Pengrowth New Monthly Dividends
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From the trust’s [...]
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December 3, 2010
in commodities, gold, indicators, inflation, market reports, market trends, mining, oil, prices, technical analysis
You don’t see many analysts talking about the gold-oil price ratio. Usually it’s the gold-silver ratio, or gold-EUR or gold-AUD and other currencies that gold is measured against.
The past two days, following the settlement of the EU-forced bailout of Ireland (Ireland itself resisted as long as it could), have seen oil prices hitting fresh 25-month [...]
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May 30, 2010 · 4 comments
in ADRs, BP, CEO pay, FTSE, SRI, UK, bailout, commodities, credit, economy, energy, environment, international stock market, market reports, oil, stimulus, stock picks
As if it wasn’t bad enough that BP is probably going to suspend its dividend if it can’t plug the leak, there will be all kinds of charges and damages awarded to BP, but possibly also to Halliburton or TransOcean once this disaster comes full sweep.
Those who follow me on Twitter know that I’m not [...]
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May 30, 2010
in ADRs, FTSE, NYSE, SRI, UK, collapse, dividends, earnings, economy, energy, environment, foreign investment, investing, market trends, news and updates, oil, pound, regulation, resources, risk, stock picks
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The Deepwater Horizon oil catastrophe may soon start to effects of the oil leak spilling over onto the world economy. Before this happens, though, BP share prices are going to continue to decline and the valuations of most Brits’ pension funds are going to drop, since BP comprises a majority holding in most UK indexes.
BP [...]
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May 30, 2010 · 15 comments
in 2010, ADRs, FTSE, SRI, business, capitalism, economy, energy, environment, executive compensation, foreign investment, news and updates, oil, pound, resources, sovereign debt, sustainability, unconventional energy
Estimates suggest the Deepwater Horizon oilspill has already cost BP plc about one billion pounds. This does not even take into consideration total clean up costs going forward if the leak were to somehow suddenly stop right now.
But so far we haven’t heard much about the wider economic effects that the Deepwater environmental disaster will [...]
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March 8, 2010 · 11 comments
in CAD, Canadian, Canadian economy, S&P/TSX, TSX, US debt, US economy, USD, commodities, currencies, depression, diversification, economy, energy, financial planning, foreign investment, forex, gold, hedging, international economy, international stock market, investing, mining, oil, precious metals, preparedness, recession, stock picks, wealth protection
With the US dollar increasingly perceived to be walking on shakier ground, and no significant signs in sight that the US will be able to pay off its debts without radical quantitative easing (i.e., effective devaluation of the dollar); continued unemployment levels near 10% and no short-term fix in the ongoing housing slump (more foreclosures [...]
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January 30, 2010 · 6 comments
in BRIC, China, G20, G8, GDP, India, OPEC, US debt, USD, capitalism, currencies, emerging markets, exchange rates, foreign investment, forex, gold, government, international economy, international stock market, market trends, oil, wealth, wealth protection, wealth transfer, world order, world reserve currency
With the phenomenal growth in sovereign wealth funds over the past thirty or so years – but especially in the last ten – it’s good to stop and take a look at where this new investment phenomenon is at today in 2010.
Here’s a list of the current top 10 sovereign wealth funds around the world.* [...]
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