Eric Nuttall, senior portfolio manager at Ninepoint Partners, talks with Financial Post's Larysa Harapyn about how we shouldn't hold our breath for Keystone XL.
Keystone is an import pipeline from Canada and that oil is about to receive a 25% tariff (even though the Americans get Canadian oil at a discount). Canada would be wise to shift the export of their oil under the circumstances to a more stable customer like China. It's clear that a customer that wants to punish you is not one to trade with indefinitely.
Yes, we must look for other large trading partners both in the short term and long term. Trump is starting a trade war, and other countries to dovetail their pushback against Trump aggression be it a tariff war or somthing else. Trump is a warmonger and bully
Mr. Nuttall, each time you promoted your oil stock picks on BNN, I believed you and bought some. Now my net worth is way down. I am so disappointed in your picks.
So IMHO, if Trump were to approve the Keystone pipeline, it would only be for the long term purpose of national energy security knowing that in the long run, the US may need to import energy from Canada
Thank you so much for this amazing video! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
Unfortunately predicting with confidence doesn’t mean you’re right. With the economy slowing down oil prices will stay low. This is a far cry from the $100 a barrel he was talking about a few years ago.
Even if Trump were to backtrack on its menace to impose a 25% tariff on Cdn products exported to the USD, the message has been sent to all international investors that he may come back with this menace at anytime for any reason he feels justified. Don’t expect investment in Cdn energy or car industries to increase from here, only to go down as the prospect of exporting to the USA at a competitive advantage has taken a dramatic beating. Trump may be not serious for high tariffs right now but he is deadly serious about the USA consuming American energy and American made products. Even electricity exports to the USA are in danger since Trump would prefer that the USA produces electricity using American natgas.
All Canada has to do to avoid tariffs is to control crossings from their side of the Canada-US border, as Trump said. You should be doing that regardless.
I wonder if they still believe “Their eating the dogs, their eating the cats, their eating the geese!” My god what craziness. Trump hasn’t said anything about the dogs, cats and geese since election night.
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Keystone is an import pipeline from Canada and that oil is about to receive a 25% tariff (even though the Americans get Canadian oil at a discount).
Canada would be wise to shift the export of their oil under the circumstances to a more stable customer like China.
It's clear that a customer that wants to punish you is not one to trade with indefinitely.
China are not Canada's friends either.Just wait for their retaliation for the EV tariff.
China canceled its contract for TMX
Yes, we must look for other large trading partners both in the short term and long term.
Trump is starting a trade war, and other countries to dovetail their pushback against Trump aggression be it a tariff war or somthing else. Trump is a warmonger and bully
And the cost of transportation to China is?
@mikeloughnane5436 Cheap. It's not expensive to float it there in super tankers.
Mr. Nuttall, each time you promoted your oil stock picks on BNN, I believed you and bought some. Now my net worth is way down. I am so disappointed in your picks.
So IMHO, if Trump were to approve the Keystone pipeline, it would only be for the long term purpose of national energy security knowing that in the long run, the US may need to import energy from Canada
Are you calling it a pipe dream?
😆😆
Thank you so much for this amazing video! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
Mr $100. Oil…..😂
He gave it up! I thought if he stuck with it for long enough, he'd eventually be right.
Unfortunately predicting with confidence doesn’t mean you’re right.
With the economy slowing down oil prices will stay low. This is a far cry from the $100 a barrel he was talking about a few years ago.
Yeah he was predicting $100 oil for so long he finally gave it up.
Do you know how hard it is to predict oil price rep years out ?
To many variables
First Nations would have to approve and I don’t think that they were happy about the pipeline last time.
they will approve is they get income from the deal
Canada should apply “supply management “ principles on our depleted non renewable natural resources
Even if Trump were to backtrack on its menace to impose a 25% tariff on Cdn products exported to the USD, the message has been sent to all international investors that he may come back with this menace at anytime for any reason he feels justified. Don’t expect investment in Cdn energy or car industries to increase from here, only to go down as the prospect of exporting to the USA at a competitive advantage has taken a dramatic beating. Trump may be not serious for high tariffs right now but he is deadly serious about the USA consuming American energy and American made products. Even electricity exports to the USA are in danger since Trump would prefer that the USA produces electricity using American natgas.
Trump is an idiot! he doesn't have the first clue about economics. ONLY his personal "bribe me" economy!
All Canada has to do to avoid tariffs is to control crossings from their side of the Canada-US border, as Trump said. You should be doing that regardless.
KeystoneXL is dead.. No private company is going to take that risk after what happened.
You mean no Canadian company.
Hard pass on the advice of this snake oil salesman
Trump’s supporters are so naive. They’ll believe anything he says.
@@maxpayne7419 indoctrinated
Biden supporters were the ones that thought he was coherent. LOL.
I wonder if they still believe “Their eating the dogs, their eating the cats, their eating the geese!”
My god what craziness. Trump hasn’t said anything about the dogs, cats and geese since election night.
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Nah already dropped a billion or two already and the Nebraska aquifers are still a problem. . The world needs corn.
Aquifers will be fine as long as nothing leaks. There are such things as sensors.
Alaska baby! He is correct, dump Canadian energy stock and go 100% US energy.
Good luck getting Alaska crude into US Midwest.