Has the Fed Gone Too Far?

In today’s world of record monetary stimulus and inconceivable deficits, investors are rushing to the safety of gold. Gold producers, including Barrick Gold and Kinross Gold hit 52-week highs this past week. The extreme monetary and fiscal measures recently enacted by the Federal Reserve and U.S. government are fuelling demand for an alternative to the […]

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Covid-19 Economic Recovery Will Not Go as Planned

We hate to be the bearer of bad news, but there is no ‘V-shaped’ economic recovery coming. Not in the U.S., and especially not in Canada. Last week, Canadian Prime Minister Trudeau stated, “. . .We’re facing a unique challenge. But I know that if we pull together, our economy will come roaring back after […]

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IPO Financings Fall 97% MoM on TSX Venture

One of the best ways to determine market sentiment is by way of IPO financings. Whether they are rising or falling in frequency along with the amount of capital raised can often provide a sense of market strength. For Canada’s junior index, the TSX Venture, prone to collapses in confidence, its month over month decline […]

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Record Stimulus and Deficits to Drive Gold in 2020

No asset influences the global markets more than the U.S. dollar, the world reserve currency. It’s held this hegemonic status for decades, dominating global commerce while serving as a constant reminder of America’s unparalleled economic, military, and political strength. Now, it appears that the only way to save the U.S. economy is by crushing the […]

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Why Central Banks Will Give Money Directly to Spenders

central banks

In an almost frightening foreshadowing of the future, Ray Dalio outlines in 2016 how central banks will deliver stimulus in the future. Dalio contends that central banks will get so desperate they will give money away. With upwards of $6 trillion committed from the U.S. government and the Fed, this has now become a reality. […]

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Premiums on Silver Eagles Jump Almost $8 | Selling for $21.86 per Ounce

silver eagles are flying off the shelves at record premiums

Just an hour ago I was quoted $21.86 to buy one ounce Silver Eagle coins – a near $8 premium! People are scrambling to buy what gold and silver is available as central banks unleash trillions in new currency to stave off a depression. Max Keiser and Stacy Herbert are back to discuss the end […]

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Member ‘Scoby13’ Wins March 2020 Stock Challenge

scoby13 is the march 2020 stock challenge champion

At last, one of the most volatile contests in Stock Challenge history has come to an end… While it was a close battle between members ‘Scoby13’ and ‘Joe Knows’, Scoby13 managed to power through and finish in first place with a return of 89.15%! Well done Scoby13; few Stock Challengers managed to achieve returns of […]

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The impact of coronavirus on North American small businesses

A street filled with North American small business (SMEs)

Small businesses across North America continue to take the brunt of Covid-19, despite aggressive actions by the Bank of Canada and U.S. Federal Reserve. In Canada, a survey by the Canadian Federation of Independent Business found that a third of Canadian small businesses say they cannot survive the economic impact of coronavirus for more than […]

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Bailout Nation – Six Trillion Lies – Markets Soar on QE Infinity

here comes the largest bailout in history

In what is becoming the largest bailout in US history, some investors are not rejoicing. While the markets soar and money rushes in, is anyone asking about the cost and the ability to repay the trillions upon trillions that the Fed and US taxpayers are now comitting to? Furthermore, what damage to the US dollar […]

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Why the Fed Can’t Stop Covid-19 & Economic Fallout

federal debt is about to explode

As soon as I saw the ticker tape, I knew it wouldn’t last. Dow and other U.S. index futures were down 5% Sunday, before yet another emergency Fed meeting. While the intial headlines reversed sentiment and saw exchanges up 1-2% before the open, the relief rally failed. All indices are now in the red, down […]

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