2021 (4)

Peak Press 2021

LaPresse_PEAK now targets $20 billion in assets under management_translation by DeepL.pdf

 

http://docs.peakgroup.com/news_letter/Documents/2021/01-janvier/LaPresse_PEAK%20now%20targets%20%2420%20billion%20in%20assets%20under%20management_translation%20by%20DeepL.pdf

https://www.lapresse.ca/affaires/2021-01-16/gestion-de-patrimoine/peak-vise-maintenant-20-milliards-de-dollars-d-actif-sous-gestion.php

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Bidding The Biden

On Saturday, President-elect Joe Biden’s chief of staff, Ron Klain, outlined Biden’s plans for his first few days in office.

The primary theme: Donald who? The measures Biden plans to enact are geared toward undoing some of President Trump’s most controversial policies. That includes 1) scrapping the travel ban on majority-Muslim countries 2) rejoining the Paris Agreement and 3) establishing a path to citizenship for 11 million undocumented immigrants. Biden also plans to cancel the Keystone XL pipeline permit on his first day, CBC News reported yesterday.

The second theme: addressing the pandemic. To that end, Biden plans to 1) issue a mask mandate for all interstate travel and on federal property and 2) push for a meaty new round of stimulus. 

  • Last week, he outlined plans for a $1.9 trillion stimulus bill. But remember, Congress controls the governmental purse strings, so Biden and his entourage will have to work with folks on Capitol Hill, including members of the opposing Republican Party. 

Zoom out: The average fingernail among Biden staffers probably isn’t in great shape. The administration will take office amid a triple threat of economic, public health, and social crises. 

 

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A Little Silver Lining

"A silver lining is a sign of hope or a positive aspect in an otherwise negative situation. The phrase is often seen as part of the proverb Every cloud has a silver lining, meaning that there's hope or something good to be found in every bad situation."

With excess returns, interest goes up. Silver is one of them that comes to mind today.  A recent inquiry from a dear old friend of mine brings up this topic today and the basic research done to respond with some sense of duty. 

Dear friend, I hope you have had a chance to check out the link I sent yesterday. Silver is up 127% from it’s low point last year, for a return of 47.4%. It was one of the fast growing asset classes last year. I am not sure about your thoughts of investing directly in silver.  1000 ounces works out to be a lot of money, getting you in the  $35,000 range is a lot to specialize with.  It might be fun to own a little silver, but that would be the extent of it for me. If you do get some, I would buy 5-10 Ounces from you.

I am not going to give you any advice on this. Sounds like your doing your own research.   

Here is a few  links that I found which I found interesting.

https://www.bullionvault.com/silver-price-chart.do

 

https://www.kitco.com/charts/livesilver.html

 

https://moneyweek.com/investments/commodities/silver-and-other-precious-metals/601707/silver-price-boom-or-bust

 

https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/what-was-the-highest-price-for-silver/

 

“Silver hit US$48.70 per ounce, the highest silver price to date, towards the end of the 1970s. The metal’s bid price was driven by the Hunt brothers, two wealthy traders who attempted to corner the market by buying not only physical silver, but also silver futures. They then took delivery of that silver instead of taking legal tender in the form cash settlements. Their exploits ultimately ended in disaster: On March 27, 1980, they missed a margin call and the silver market price plunged to US$11.”

 

Silver is an interesting asset, it is on the high risk level of a portfolio, as other precious metals are.  Here is a group of charts in our system that you may also find interesting .

 

https://www.visualcapitalist.com/?s=silver

  

Here is a link to the Dynamic Precious Metal Fund, I am attaching a Fund Fact sheet as well. If you would like to invest some money in this portfolio, we could meet to discuss this. This is the F series of the portfolio and our advisory fee per year would range from 1 to 1.5 % depending on volume invested.  There is other portfolio’s available, I think this would be representative of the asset class , and  this is not a deep dive into the asset class. This portfolio is more diversified than a direct silver only fund. Less risk, similar reasons for increased demand for precious metals.  

 

https://funds.dynamic.ca/fundprofiles/en-US/H81K/F/CAD

 

Manager of the portfolio

https://dynamic.ca/en/talent/investment-teams/portfolio-managers/equity-income/robert-cohen.html

 

Hope this helps you with your decision’s , please  let me know if you would like to pursue this further.

Thanks

Tim

 
Subject: Metal info

 https://www.visualcapitalist.com/how-every-asset-class-currency-and-sp-500-sector-performed-in-2020/

 

Timothy Ross, Family Advisor, CEO & Founder, Brock Shores Financial

Mutual Funds offered through PEAK Investment Services Inc.

This transmission is intended solely for the individual or entity to whom it is addressed and is confidential in nature.  Please be advised that any distribution, reproduction or other use of this document by anyone other than the addressee is strictly prohibited.  If you have received this communication in error, please notify us immediately.  Thank you for your assistance

 

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“I told myself that some families we get without asking, while others we choose.
And I chose those two. I think that’s what you’d call a silver lining.”
― Jenny Valentine, Broken Soup


“It was a melancholy day indeed when the sister of solitude was Sunday's silver lining.”
― Alethea Kontis, Enchanted

 

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