Budget winners are likely defense companies such as MAL, CAE. BBD.B, PNG. CCO could benefit with nuclear development. We do not really see many public company losers, but job cuts and the deficit in general will have a negative economic impact on many companies.
XAU has been around a while, but is doing well this year, up 40%, bringing market cap to $137M. Insiders own 39%. It is growing again, but the revenue base is half of what it was several years ago. Debt is quite high, adding risks. It has no analyst coverage, but earnings are increasing nicely this year. It is very cheap on valuation. Goldmoney Inc. acts as a custodian, trader, and platform provider for physical precious metals investment and related services, with a global vault network and a technology-driven transactional platform for precious metals savings and payments. Its prepaid spending card back by gold is interesting. All in, though, we would consider it quite risky, and trading is thin. We would not see it as a need-to-own stock.