--- title: "Category Archives: Uncategorized" url: https://independentstockanalysis.com/category/uncategorized/ description: "Category Archives: Uncategorized - 22 archived posts from Independent Stock Analysis, the weblog of J.J. Butler." published: 2020-04-04 updated: 2020-04-04 --- # Category Archives: Uncategorized Published 2020-04-04 ## [Portfolio Update](https://independentstockanalysis.com/portfolio-update/) Posted on by J.J. Butler Independent Stock Analysis continues to be in a state of peaceful happiness with it’s portfolio: 100% invested in PHYS; gold as cash. For the first quarter of 2020: PHYS rose from 12.18 to 13.12, a gain of 7.7%. Compare this to the S&P… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Franco-Nevada](https://independentstockanalysis.com/franco-nevada/) Posted on by J.J. Butler Franco-Nevada (FNV) is the premium precious metal equity investment. Conservatively financed, low risk royalty operations, upside optionality, with an institutionalized management attitude to be patiently opportunistic. In extraction… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) > “Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate… it will purge the rottenness out of the system.” – Andrew Mellon ## [Insightful Commentary](https://independentstockanalysis.com/insightful-commentary/) Posted on by J.J. Butler Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Gold is Money](https://independentstockanalysis.com/gold-is-money/) Posted on by J.J. Butler “Money is gold, nothing else.” J.P. Morgan The Independent Stock Analysis portfolio begins with the dawn of the new decade, 1-1-2020. The entirety of the portfolio is be invested in gold, using the Sprott Physical Gold Trust, ticker PHYS… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) > “We are living through the greatest improvement in human living standards in history” at The Spectator . Yet a speed bump is coming… ## [Gold as the Cornerstone](https://independentstockanalysis.com/gold-as-the-cornerstone/) Posted on by J.J. Butler Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) Posted on by J.J. Butler The bearish Evergreen Gavegal suggests that in 2020 bonds could sell off while stimulus could boost equities in a “re-rating could be surprisingly strong.” Legendary Stanley Druckenmiller gives a pragmatic, insightful and thoughtful interview to Bloomberg in which he explains the reflation case… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) [Favoring the Precious Metal Complex](https://independentstockanalysis.com/favoring-the-precious-metal-complex/) > “I think the road-map ahead is a market crash, followed by obscene fiscal stimulus. As always, I’m trying to think a few steps ahead here. I’m making a list of beat-down sectors who benefit from this change in government policy. I want to be ready to buy as soon as they get serious about unleashing the stimulus. You… ## [The Order: Sector Rotation](https://independentstockanalysis.com/the-order-sector-rotation/) Posted on by J.J. Butler Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Opportunity in Overvaluation](https://independentstockanalysis.com/opportunity-in-carnage/) Posted on by J.J. Butler The world changes fast. Fifteen years ago the energy future of U.S. was bleak as it appeared the world was going to be short of energy: Stateside conventional natural gas production was in trouble along with peak oil. But markets work… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) > “Markets breaking out to new highs. But is the breakout a fake out?” Northman Trader ## [Navigating the Inflation-Deflation Paradigm Is Exasperating](https://independentstockanalysis.com/navigating-the-inflation-deflation-paradigm-is-exasperating/) Posted on by J.J. Butler Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [The Environment and the ISA Portfolio](https://independentstockanalysis.com/the-environment-and-the-isa-portfolio/) Posted on by J.J. Butler Your dear editor would prefer to spend his time evaluating the common stock of wonderful businesses which contain moats ( Vaneck ). Instead, the outrageous imbalances and the inevitable implosion seem to see most of our attention. The… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) > “Crude oil production increased by 790,000 barrels per day (bbl/d) between 2011 and 2012, the largest increase in annual output since the beginning of U.S. commercial crude oil production in 1859.” EIA ## [Big Specifics](https://independentstockanalysis.com/big-specifics/) Posted on by J.J. Butler Filed under [Premium](https://independentstockanalysis.com/category/premium/), [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Flush Inventory & Tight Supply](https://independentstockanalysis.com/flush-inventory-tight-supply/) Posted on by J.J. Butler Oil Rises on U.S. Supply Forecast, Venezuela Blaze at Bloomberg . Isaac Set to Reach Hurricane Strength on Way to Louisiana ( Bloomberg ). More than three-fourths of Gulf oil production shut down at Fuel Fix . Isaac’s latest path at… Filed under [Natural Gas](https://independentstockanalysis.com/category/natural-gas/), [Oil](https://independentstockanalysis.com/category/oil/), [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Default or Debase](https://independentstockanalysis.com/default-debase/) Posted on by J.J. Butler Or better, how much defaulting before the debasement? Stocks rally on report central banks ready to move: Marketwatch The acrimonious version from Zero Hedge . Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) > “Greece continues to receive billions of euros in emergency assistance from a so-called troika of lenders overseeing its bailout…it is flowing directly back into the troika’s pockets. The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the… ## [Stimulate Me!](https://independentstockanalysis.com/stimulate-me/) Posted on by J.J. Butler Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) Posted on by J.J. Butler Global oil demand growth accelerating: IEA North Dakota has 213 rigs running, tying record, and a few comments on efficiency gains: Million Dollar Way Nuclear power by region: EIA It’s not that Chesapeake is ‘sticking by growth plans’, but that they must drill their brains out. CHK has a ginormous… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) [Undulating Plateau](https://independentstockanalysis.com/undulating-plateau/) ## [Reversal](https://independentstockanalysis.com/reversal-2/) Posted on by J.J. Butler I am not much for forecasts and predictions, but today’s reversal would be powerful if it held. Energy and material stocks are off less than the market and tck is green. The S&P 500 looks like a inverse head and shoulders intra-day. But… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Housekeeping](https://independentstockanalysis.com/housekeeping/) Posted on by J.J. Butler New readers are encouraged to bookmark / into their favorites . New posts typically come to start the workday and after lunch , so check back often. Moreover, feel free to share the blog with your broker, clients and fellow investors… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [MHR and KOG Results](https://independentstockanalysis.com/mhr-and-kog-results/) Posted on by J.J. Butler MHR and KOG released Q1 results and had their conference calls: Riddle me this: How does a company with a $700 million market cap raise $600 million? Answer: Sell some equity and tap the high yield market to replace all the short term… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Industrial Metals Supercycle](https://independentstockanalysis.com/industrial-metals-supercycle/) Posted on by J.J. Butler Taking the perspective of those with alternative views can be instructive for the investor. FT Alphaville typically sports a bias against the industrialization of China meme. Digging down into the wealth of information in their recent post… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Minor Change](https://independentstockanalysis.com/minor-change/) Posted on by J.J. Butler The blog here at Independent Stock Analysis is now the home page. If you have us in your favorites , you may need to adjust the path to / . Our intent is to post daily before breakfast and after lunch. Check back often. Thanks! Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) ## [Getting Creative…](https://independentstockanalysis.com/getting-creative/) Posted on by J.J. Butler As we navigate trying to understand the investment world, this blog tries to wade through the sludge to improve our understanding. I post anonymously. In the spirit of pioneering financial writers from Larry Livingstone to today’s… Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) Posted on by J.J. Butler Eagle Ford and Bakken are ginormous: Hat tip Million Dollar Way . Perhaps gold moves sideways this year: Daily Wealth But contrarian Rick Rule is the smartest investor I’ve ever met and he is excited: Casey Research Teck Resources and royalty commentary: John Tumazos Teck Resources Q1: Results Filed under [Uncategorized](https://independentstockanalysis.com/category/uncategorized/) [Smorgasbord](https://independentstockanalysis.com/smorgasbord/)