Eric Coffin and Gwen Preston: On Gold, Zinc, and Copper

Written by MrStockFox. Posted in Videos

Eric Coffin, editor of the HRA Journal, and Gwen Preston, editor of Resource Maven, discuss gold, zinc and copper companies that show growth potential. The two newsletter writers provide in-depth commentary on Constantine Metal Resources Ltd., Precipitate Gold Corp. and Rockhaven Resources Ltd. Coffin and Preston also give an overview of what they learned during their recent mining site visits.


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GLD Quick Update

Written by MrStockFox. Posted in Trade Ideas

Gold is currently stuck inside a trading range at the lower end of its support.  Should there be continued downside from here then I believe we could be in for another retest of the lows possibly even a false breakdown below the lows.  One thing going for us is that we are heading into the strong season for gold with the Indian wedding season.  Any breakout above 127 would be very bullish.  As for the Gold Stocks they continue to show strength but any breakdown below 25.60 would be negative.


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Weekly Purchases - 8/23/14

Written by MrStockFox. Posted in Weekly Update

yellowstone

Photograph(above):

To add some variety to the website, I am going to start providing images from some of the amazing trips I have experienced over the years.  The following photograph was taken in Yellowstone National Park in 2005.

I Bought:

Dividend Income Portfolio (Total increase in income = $147.85)

This week ended up being a record breaking week for my dividend income.  Never I have added so much Financial Freedom in a single week.  At this point I am only $32 from my end of year goal of $2000 in future dividend income.  I started this year at around $800 and so far have managed to increase my income of approx $1200 year to date.  I am not sure how much I plan to raise my goal by but would imagine that the new total will be around $2300-$2400 by the end of the year.  One of the big reasons that I hit my goal early was that Centamin initiated a bi-annual dividend which you can read more about here.  Wishing all the best to be readers....

Going forward this coming week I plan to buy additional positions in MCD, MAT, WMT

$150 of McDonald's (MCD) - This will add $4.79 to my annual dividend income.

$50 of Mattel (MAT) - This will add $2.15 to my annual dividend income.

$50 of Target (TGT) - This will add $1.79 to my annual dividend income.

$200 of Visa (V) - This will add $1.60 to my annual dividend income. 

$300 of Ensco (ESV) - This will add $18 to my annual dividend income.

$800 of Callinan Royalities (CCNMF) - This will add $36 to my annual dividend income.  This is a new position which I don't plan on adding any additional funds to for the time being.  This company could be take over target from Altius, Franco, or possibly Royal Gold, but most likely will be Altius.

$750 of Toscana Energy Income (TSCEF) - This will add $83.52 to my annual dividend income.

Commodities

$1000 of Primero Mining(PPP)

$450 of Junior Miners ETF(GDXJ) - I pretty much sold GDXJ around these levels 2 months ago.  The reason I got back in was that the gold stocks have had ample time to consolidate and are holding up very well going into the strong season for gold.

$50 of Newmont Mining(NEM)

$500 of B2Gold

I Sold:

If you wish to view all my completed trades, you can find them located here.

4 shares of ROST for an overall gain of gain of 15% - When you make 15% in 3 weeks you take the money and move on to your next position


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Dividend Increases - 8-15-14

Written by MrStockFox. Posted in Dividends

rogers

Rogers Communications (RCI) declares $0.4575/share quarterly dividend, 9.18% increase from previous dividend of $0.419. Forward yield 4.60% Payable Oct. 1; for shareholders of record Sept. 12; ex-div Sept. 10.  My portfolio consists of 4 shares of RCI, which increases my annual dividends to $7.32. My yield-on-cost is is 4.7%.

rogers

Bank of America Corporation (BAC) declares $0.05/share quarterly dividend, 400.0% increase from prior dividend of $0.01. Forward yield 1.30% Payable Sept. 26; for shareholders of record Sept. 5; ex-div Sept. 3.  My portfolio consists of 6 shares of BAC, which increases my annual dividends to $.30 My yield-on-cost is is 1.2%.

aqua america

Aqua America (WTR) declares $0.165/share quarterly dividend, 8.6% increase from prior dividend of $0.152. Forward yield 2.80% Payable Sept. 1; for shareholders of record Aug. 15; ex-div Aug. 13.  My portfolio consists of 1 share of WTR, which increases my annual dividends to $.66 My yield-on-cost is is 2.7%.

hershey

The Hershey Company (HSY) declares $0.535/share quarterly dividend, 10.3% increase from prior dividend of $0.485. Forward yield 2.28% Payable Sept. 15; for shareholders of record Aug. 25; ex-div Aug. 21.  My portfolio consists of 1.3 shares of HSY, which increases my annual dividends to $2.94 My yield-on-cost is is 2.2%.

kelloggs

Kellogg Company (K) declares $0.49/share quarterly dividend, 6.5% increase from prior dividend of $0.46. Forward yield 3.00% Payable Sept. 15; for shareholders of record Sept. 2; ex-div Aug. 28.  My portfolio consists of 1.5 shares of K, which increases my annual dividends to $3.07 My yield-on-cost is is 3%.

walgreens

On August 6th, Walgreens announced a quarterly dividend increase to $0.3375 per share, or $1.35 per share on an annualized basis. This distribution, which represents a 7.1% percent increase over the $0.315. My portfolio consists of 1 share of WAG, which increases my annual dividends to $1.35. The yield based on Friday's closing price is 2.2% and my yield-on-cost is is 2.3%.


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