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Turquoise Hill Resources  TSX:TRQ  NYSE:TRQ  shares jumped 15% on Dec. 13 after an announcement from Rio Tinto  NYSE:RIO  affected the mining company. Rio Tinto holds a 51% stake in Turquoise Hill.What happened Turquoise Hill became affected by Rio Tinto   cancellation of a $2.3 billion loan from the Mongolian government. This comes as Rio Tinto plans to accelerate its work on its Oyu Tolgoi stanley cup  copper and gold project. Oyu Tolgoi holds one of the largest deposits of copper and gold in the world. Given its close quarters with China, accounting for half the consumption of copper, this is a huge appeal to the company.In fact, it   even tied to the electric vehicle  EV  sector, with copper needed three stanley website  to four times more than an internal combustion engine vehicle. Chin stanley cup a continues to be the largest producer and consumer of EVs in the world.The mine is 34% owned by the Mongolian government at this point, with the rest held by Turquoise Hill. Rio Tinto, meanwhile, holds a 51% stake i Lbsp Why BlackBerry Ltd. Is the Only Tech Stock in My Portfolio
With stock markets now exhibiting signs of overheating, and the melt-up we ;ve seen for the better part of a year now turning into a meltdown, investors may be looki stanley mugs ng for safe places to stash their funds until we find a bottom.I believe that it is impossible to time financial markets. However, I ;ve pointed out in the past my feeling that stocks have been overvalued in recent years. This is due, in part, to record-low bond yields and interest rates, which have spurred risk-taking, en masse, by financial markets.Investing in stanley nz  defensive stock stanley vattenflaska s is one way to avoid financial calamity, while retaining exposure to equity. Here are three of my top picks.TD BankAs far as Canadian banks go, Toronto-Dominion Bank  TSX:TD  NYSE:TD  remains my top pick for long-term investors seeking safety and income in today   market. TD   stock price has largely traded sideways of late, despite the massive sell-off we ;ve seen in financial markets. Part of this is due to