Take this opportunity to sell either half or all of your positions in these three stock picks from Byron and Nomi.
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The relationship between Russia and the U.S. is complicated. At times, it’s improved, and at times it’s worsened. Each time news of new sanctions on Russia arrives, this ETF takes a hit. It happened in April 2018, and it’s happening again here in August. So it’s time to cut our losses…
With gold’s recent rally, Kirkland continues to outperform the market with industry-leading operating costs and positive cash flow. Unless the Fed is as dovish as the market expects next month, a correction in gold is likely. So, let’s take 41% gains in this position.
With gold’s recent rally, Sandstorm has benefited greatly and we are now showing a double digit gain with this play. If the Fed surprises in next week’s policy statement, shares could retreat. Let’s take this 57% gain now.
With global demand for palladium and nickel going up, Norilsk has seen a significant increase in profitabliliy. We presently have a substantial double digit gain with this play. The metals that Norilsk is mining are sensitive to economic downturns, so let’s take advantage of this 58% gain now.
Jim’s view of the balance of risks in one of our investments has changed. It’s time to exit.
Even thought the natural resource sector has had a challenging environment in the past three years, Sprott Inc. has performed very well in an underwhelming industry. We took gains on half of this position last July. Let’s sell the remaining shares now for a 54% gain.
