Syracuse University, and the first ever African American quarterback in college and pro football history — that he also runs his own football vlog, Raiders Greats, which discusses great Raiders player of the past. He also is a soccer fan who supports Leeds Utd., as his father was born in Leeds, England.

 

In 1996, at the age of 18, David became the youngest person on record (that he knows of anyhow) to obtain the Canadian Securities Course (CSC) license to trade investment securities.

 

In the late 1990s, David felt that the market was becoming another epic bubble similar to the bubble of the 1920s, so he decided at the tender age of 20 to write his first book, Stock Market Panic!, which was published in 1998. Over the next decade, gold soared from $250 an ounce to nearly $1900, while the S&P 500 lost value.

 

In the same year that this book was published, he decided to start his newsletter, Addicted to Profits. The newsletter’s name was a spin on Robert Palmer’s famed song Addicted to Love. The irony was Robert Palmer recorded this song in the Bahamas ay the famous Compass Point Recording Studio, and David himself would end up moving to the Bahamas in 2005 (another Irony about David moving to the Bahamas is that his mentor Sir John Templeton also resided there).

 

David has made correct calls on the markets for many years. Here are examples of profitable predictions :

 

• In October 1998, David recommended that his subscribers purchase industrial stocks and call options, this call arrived within days of the bottom of the market. The call climbed nearly 200 percent in price.

• In December 1999, David notified all his subscribers that the internet bubble was about to burst , so he suggested they take profits in their internet positions. The timing of this bulletin was dead on.

• In November 2000, David authored an article published in Investor’s Digest of Canada predicting that the NASDAQ could fall another 60-90%, and should bottom out in 2002. Furthermore, David advised investors not to touch Cisco Systems (CSCO) and Sun Microsystems (SUNW) “with a 90 foot pole”. Subsequently, the NASDAQ fell by 70% and bottomed in October 2002. Cisco Systems, and Sun Microsystems lost approximately 90% of their value between November 2000 and October 2002.

• In late 2002, Dave recommended that his subscribers buy on the dip in gold stocks. Gold stocks soared in 2003.

• David stated that 2003 would be “The Year of the Junior”, stating that it would be the first year that junior gold mining stocks would outperform their larger compatriots. This is exactly what occurred as juniors led the way during the gold bull market that year.

• In 2003, Addicted to Profits was ranked 5th out of 300 market newsletters by stockfocus.com, for portfolio performance for the 2-year period, ending October 31, 2003.

• In addition, David placed second in the 2003 Globe and Mail stock picking contest after his selection, Eldorado (EGO), gained 95% in 2003.

• In the spring of 2004, David recommended a short term buy on gold stocks. This buy was issued on THE DAY most gold stocks bottomed.

• In January 2005, David was featured in the Globe and Mail’s Investment Section for his unique approach to the markets.

• Some of David’s best stock picks in the 2000s included gains of over 800% on Northern Dynasty, 500% on Desert Sun Mining, 300% on Full Metal Mining, 300% on Goldfields, 200% on Trigon Exploration, and 300% on Paramount Mining.

• In early October 2006, David recommended that his subscribers purchase on the selling panic of gold stocks. To date, this recommendation occurred within 3 trading days of the low for gold stocks. He also stated that the Amex Gold Bugs Index (HUI) would bottom in the 270-280 range, which is exactly where it bottomed.

• In 2008, David’s respect for Sir John Templeton led to a life changing opportunity. At a memorial service for Sir John, he happened to sit next to Christopher Ruddy, who is the CEO for American conservative news outlet Newsmax. This led to David’s second book, The Great Super Cycle, being published (which sold over 40 thousand copies and was the number one investment book on Amazon for a short period), and led to David editing Gold Stock Adviser. His book predicted that zero rates, trillions in deficits, and printed money would lead to the bursting of the bond bubble and much higher interest rates. Just over a decade later, bond prices crashed as interest rates climbed to 24 year highs.

• After the late 2000s financial crisis, David, along with his long time business partner and friend Mike Swanson, hosted a conference in 2009. While most of the other attendees were still reeling from the financial crisis, David thought the market was oversold, had become cheap, and was bullish at the conference. At the same time, he recommended Tata Motors TTM at $3.50 a share, which soared in price to over $35.

• In 2009 and 2010, David took advantage of the beaten resource sector, which he saw rebounding due to massive government stimulus from all over the world. He recommended Avion Resources at 6¢ which soared to over $2, he consolidated Thompson at just over $1 (which was eventually taken over by Cliffs Natural Resources at nearly $20 a share), and bought a 10¢ financing in Tinka Resources with a warrant (a right to purchase more shares) at 15¢. Tinka soared to 60¢ a share, and the money David made on this trade gave him the money to buy his house in the Bahamas (which he bought at the bottom of the market).​

• In 2012, David started to become very bullish on the PIIG countries in Europe. Most of them were going through a financial crisis and their stock markets had collapsed. The epicentre of this crisis was in Greece, where David Recommended Hellenic Telecom HLTOY at $1.40, a share which soared to over $7.

• On “Black Friday” in 2014, oil and Russian stocks collapsed. David recommended investing in Russia, and the Russian market rallied strongly over the following years.

• In 2014, in Financial Intelligence Report, a newsletter David has written for 15 years, David recommended buying Japanese stocks with the Nikkei down over 65% from its 1990 bubble highs. He thought that Japanese stocks were beaten down and out of favour. Since then, Japan has been on a huge run, nearly tripling in value.

• In 2014 and 2015, David was convinced the market would fall again and wrote Bear Market Rising. While the collapse did not happen, 2015 did see the largest market decline in 4 years and David’s largest short, Sketcher SKX NYSE, collapse in price, giving him and his subscribers several hundred percent gains on their put options. He also wrote numerous short reports looking at companies in depth. He still feels it was some of his best work to date.

• From 2016 to 2020, David saw the changing landscape of newsletters — the business was declining. Even large companies such as Agora and Porter Stansbury were seeing declines in subscriptions and sales. David decided to move into consulting using the contacts he had made over the years. He raised money for companies including Wallbridge WM.to at 8¢, Newfoundland Gold at NKG.v at $1, and Aftermath Silver AAG.v at 8¢, all of which gained over 1,200 times in value

• In 2023, David again decided to reinvent himself. Realising that media, podcasts, live streams and other areas of digital media were taking over, David started StockChartoftheDay, which is a daily vlog/blog which focuses on market trends while still using his long term value approach to markets.

• In 2024, believing that gold and stocks were again bottoming, David began to edit Gold Stock Prodigy through DollarCollapse.com . The service was launched in February 2024, and some of the stocks he had recommended, including Endeavour Silver, are up over 200% in price as of March 2025.

• In 2024, David moved into dividend investing. With value stocks being cheap compared to growth stocks and the Federal Reserve about to cut rates, he feels that dividend stocks will become more appealing over the next 12 to 24 months. He recently recommended three stocks yielding 9% or more, two of which are up 10 and 19 percent, where he recommended them plus the dividend in just a few months time.

• David’s next book, Mega Returns: Profit Through Maximum Pessimism, which focuses on the current fiscal situation in the United States as well as looking at undervalued assets to make money, is set to be published on April 22, 2025.