In this podcast, Alex and I talk about the brutal week for the TSX Venture and small/micro cap stocks. We also delve into the current challenges of investing in this inflationary environment and what to look for in public company filings.
This week's episode began with Alex raising some concern about the price of gold and where it's headed. Be that as it may, in comparison with bitcoin and other crypto assets, gold has performed relatively well, and we talk about why we think that is.
Trading liquidity on the TSX Venture remains near historic lows, which, believe it or not, is welcome news for Canadian small and micro cap investors in a down market. At the same time, Venture financings were back up in April to almost CAD$1 billion from about CAD$670 million the previous month.
We also get into a discussion about the "big question" of interest rates and how much of an influence they have on inflation and the markets in general. One of us thinks interest rates aren't as big a deal for inflation as many would have you think.
Towards the end of the show, Alex and I give what we both consider critical advice for anyone who's thinking of buying or holding TSX Venture stocks today. It's so important that I'm giving you the timestamp here. Go and listen right now...it's 30+ years of combined experience in the Canadian small and micro cap world condensed into less than 2 minutes.