With Tesla’s market cap clearing $1 trillion and US stocks hitting fresh record highs, I have proof that the majority of the middle and lower class are largely missing out on the current recovery. The answer is in the ever-declining velocity of money. Money Velocity Continues to Crater Despite Fed’s Best Efforts I’ve personally written […]
September’s Stock Challenge is done, numbers are in, and here we go… With an average return of 73.82%, please join us in welcoming our brand new champion, member ‘Brian Sandford’! It’s always good to see a veteran player reap the rewards of staying in the game! Well done ‘Brian Sandford’, you closed out a wicked […]
With inflation surging across the West, due in large part to unprecedented money-printing and borrowing in the wake of the pandemic, gold is staying top of mind. The precious metal is hovering between US$1,700 – US$1,800 per ounce and continues to find support. In July, Matthew Fox of Markets Insider reported on Goldman Sachs’ thesis […]
If you’re not already a member of our newsletter and you invest in TSX Venture and CSE stocks, what are you waiting for? Subscribe today. Only our best content will land in your inbox. […]
Here’s the lowdown from the last two weeks… Notice how tight it is at the top… Top 10 Leaderboard So far, about a third of contestants are averaging positive returns. The Stock Challenge Index got off to a decent start, but dipped into the red-zone yesterday and remained stuck there today. Uranium stocks are coming […]
It’s time to crown another champion! You may recall July being a harsh month for contestants, and, regrettably, this month’s Stock Challenge read a similar script. However, a few factors made August a thrilling month for some Challengers… In the final days of this month’s Stock Challenge, member ‘viciousvic‘ rode meme stock Vinco Ventures Inc. […]
Mitigating investment risk is a common practice amongst institutional and sophisticated investors globally. To better position themselves in the event of a financial crisis, black swan event, or just a basic correction, investors seek ways to diversify and hedge their investment portfolios. For years, flocking to gold and other precious metals has succeeded in shielding […]
In July, inflation recorded its highest level in nearly two decades, prompting investors to question the Fed’s transitory narrative once again. Investors are now beginning to worry whether the government will begin tapering or raising rates sooner than anticipated. However, despite inflation soaring, government debt is dramatically exceeding record levels, and raising interest rates may […]
July’s Canadian inflation rate remains above 3% for the fourth consecutive month, rising to its highest level in over a decade. Take a look at the chart below. In July, Canada’s annual inflation rate quickened to 3.7% – its highest level in over ten years! To boot, the last time inflation rose above 3.7% was […]
We have reached the halfway point of August’s Stock Challenge! Following July’s harsh month for Challengers, contestants remain treading in rough water — approximately 74% of contestants find themselves sitting in negative territory! As the Stock Challenge Index (SCI) currently rests around -6%, August is proving to be another tough month for contestants… Take a […]