With tongue in cheek, I sit here writing about the past week in trading.
Is this market upswing in juniors old enough to be potty trained? It is getting a bit more difficult to WEED out the the best deals, as the picture is very SMOKE-filled with all the new arrivals. The growing BUZZ is coming from the medicinal Marijuana entries. Gold stocks will now be harvested and not drilled, as the players look for JOINT venture partners in this new field. Agricultural specialists are joining miners in their quest to bring stocks to a HIGHer level. As with any new market event, the GRASS cutters will be out to undermine the attention taken from their stories. 7/11’s and depanneurs are stocking their shelves where rumoured production plants are to be built. Companies canvassing College campuses for technical advisors, no degrees necessary. In different times people would be STONED for acting strangely in public.
Ok enough, now I will tell you how to make money from this. Who is going to provide fertilizer and nutrients to these specialized growers. Security systems and companies offering guards will be in demand. Take a look at the companies who provide equipment and lighting. There will be a lot of companies involved in this new adventure.
Profits are made from disasters to historic events, and all in between. It doesn’t matter if you are not in favour of this industry, you are in the market to make money. Hurricanes and floods make builders and wood companies profits. Shooting sprees and horrific deaths make money for gun and ammo companies as people flock to buy before regulations are implemented. This industry is going to be HUGE and it is Government backed. 2 US states sell to the public and 20 states sell medicinal. The move is afoot and you have a choice: moral standards or profits. In a short time you will own these companies in your RRSP’S and not know as over 90 % of investors don’t know what they have now. As always Do Your Due and be careful as there will be many pretenders in this sector.
Paul Benwell
President. Paul Benwell & Associates
t: (514) 233-1036
e: paul@paulbenwell.com
www.paulbenwell.com
Twitter. @paul899451
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