Fuelled by an increase in demand for mortgages and new car loans, Canadian consumer debt is surging again. Via BNN Bloomberg, “In its latest quarterly report, Equifax found total consumer debt rose 3.8 per cent to $2.041 trillion in the third-quarter of 2020 compared to the same period last year.” As a result, Canada has […]
Darrell Brookstein, financial services serial entrepreneur, author in gold mining, biopharma & hi-tech investing, trading & speculation speaks with Justin Jaye Gold. Justin is an author, lecturer, and pioneer in the study of human behavior in finance, competition, & risk-taking. He is also a teacher of meditation and consciousness for 40 years. On Brookstein, Gold […]
As America continues to churn in an amalgam of post-election jubilation, disappointment, and confusion, we want to take a step back… Despite the S&P 500 and Dow Jones trading near all-time highs last week, the U.S. is grappling with an uncertain future. While many in the United States are hoping the country will begin to […]
Perhaps more than anything else, Trump is known for cutting taxes. The Tax Cuts and Jobs Act of 2017 cut the maximum corporate federal income tax rate from 35% to 21%. Furthermore, it “…greatly expanded first-year depreciation write-offs for business equipment additions”, according to a February 2020 MarketWatch article. With seven days until what may […]
A new Stock Challenge Champion walks among us… member ‘Barry Pynn!’ Barry Pynn selected Regulus Resources and Kodiak Copper to achieve a stunning return of 237.23% this month, followed closely by second place member ‘traderguy’ (230.95% return) and third place member ‘firefly’ (80.08% return). If you’ve been following Stock Challenge this month, then you know […]
According to Lyn Alden, “Equities by most metrics are very expensive. But, actually compared to Treasury yields, they’re not that expensive at all.” Tuesday was another frightening one for speculators long tech stocks on the Nasdaq, which fell 4%. As the markets continue to crater, some investors are hiding in the relative safety of gold. […]
Let the games begin! Member ‘traderguy’ is leading this month’s Stock Challenge with a return of 103.27%, followed closely behind by second place member ‘Barry Pynn’ (98.06% return) and third place member ‘Atlevan’ (37.43% return). The returns of traderguy and Barry Pynn are pretty phenomenal, considering that most of the Top 10 has returns in the […]
It’s clearer than ever before that gold moves the TSX Venture. Fueled by gold’s rise, the TSX Venture – which is home to over 900 mining/exploration companies, the vast majority of which are junior gold miners – soared from a March low of 338.80 to a high of 761.84 this month, marking a gain of […]
This month’s contest is night and day compared to July so far… While numerous contestants had achieved triple-digit returns at this point in last month’s contest, the same cannot be said for August. Member ‘bob parker’ is currently in first place with a return of 44.21%, followed by member ‘avispa’ in second with a return […]
Higher gold prices have many gold stocks trading at their highest levels since the beginning of the last decade. David Erfle, a professional mining investor, talks about how to value junior gold stocks. The interview took place on August 3rd, one day before gold rocketed to a record close above $2,000 an ounce. Gold was […]