This episode analyzes the structural performance of the Canadian energy market. We compare the total shareholder returns of companies like CNQ and Suncor against tech giants like NVIDIA and Google. The focus is on capital allocation efficiency and why management commitment , rather than just oil prices, drove these stocks to outperform the broader U.S. market since 2020.

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Simultaneously released on our YouTube channel :⁠https://www.youtube.com/channel/UCTWez8K8OMi93WGvEgP-Icw⁠

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Thank you for reading the notes. Stay logical.

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Disclaimer:The materials presented on this channel are provided for informational and educational purposes only. They reflect personal opinions and analysis based on sources believed to be reliable; however, no representation or warranty is made as to their accuracy, completeness, or timeliness.Nothing contained herein constitutes investment, financial, legal, or tax advice, nor should it be construed as a recommendation to buy or sell any security, commodity, currency, or other financial instrument.The creator does not take into account any individual viewer’s specific investment objectives, financial situation, or needs. Viewers should conduct their own research and consult with qualified professionals before making financial decisions.Market conditions may change without notice. Past performance does not guarantee future results.

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#Investing #Macroeconomics #StockMarket #EnergyStocks #NVIDIA #CanadaEconomy

Capital Allocation Efficiency, Negative Cost Basis, Oil sands break-even prices

The economic cycle is shifting. Are the traditional patterns finally coming to an end? In this video, we dive deep into the current macroeconomic landscape to analyze why the old rules of economic cycles might no longer apply.

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Watch the video version of this episode on YouTube:https://www.youtube.com/channel/UCTWez8K8OMi93WGvEgP-Icw

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Thank you for reading the notes. Stay logical.------------------------------------------------------------------------Disclaimer:The materials presented on this channel are provided for informational and educational purposes only. They reflect personal opinions and analysis based on sources believed to be reliable; however, no representation or warranty is made as to their accuracy, completeness, or timeliness.Nothing contained herein constitutes investment, financial, legal, or tax advice, nor should it be construed as a recommendation to buy or sell any security, commodity, currency, or other financial instrument.The creator does not take into account any individual viewer’s specific investment objectives, financial situation, or needs. Viewers should conduct their own research and consult with qualified professionals before making financial decisions.Market conditions may change without notice. Past performance does not guarantee future results.

Why hasn’t silver exploded in price despite years of structural supply deficits?

In this episode, we explore one of the most overlooked factors in the silver market: inventory. While industrial demand continues to grow and supply remains constrained, the real story may lie in the dramatic decline of financial silver inventories over the past decades.

We examine how silver evolved from a monetary metal into an industrial commodity, what happened to global silver reserves during this transition, and why rebuilding inventories could require substantial physical accumulation.

Understanding this hidden dynamic may help explain why silver prices have behaved the way they have — and what could potentially drive the next major move.

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Watch the video version of this episode on YouTube:https://www.youtube.com/channel/UCTWez8K8OMi93WGvEgP-Icw

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Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode of The Edwin Notes, we explore why silver prices may be rising despite years of supply deficits.

While many analysts focus on industrial demand, the real driver may lie elsewhere — in the broader credit environment and the rebuilding of monetary inventories.

Watch the video version of this episode on YouTube:
https://www.youtube.com/channel/UCTWez8K8OMi93WGvEgP-Icw

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.