The Meteoric Return of the TSX Venture Index

tsx venture index soaring on higher gold and silver prices

The TSX Venture index is having one heck of a summer so far, thanks in large part to gold’s bull market. It very much reminds us of the summers of 2009 and 2011. No exchange benefits from a gold bull market like the TSX Venture. More than half of its issuers call the resource sector […]

Read More…

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 […]

Read More…

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. […]

Read More…

Governments “deliberately pushing the world economy down”

mervyn king says what central bankers must do

Former Bank of England Governor, Mervyn King, believes what happens next will depend on people’s behavior. The ongoing Covid-19 crisis has brought forth uncertain, volatile times. The Dow soared more than 10% – its biggest single-day gain since 1933. For a market that is falling faster than it did during the 1929 crash, it was […]

Read More…

Lords of Finance

Lords of Finance

Lords of Finance by Liaquat Ahamed won a Pulitzer Prize for its detailed and entertaining breakdown of the lead up to the Great Depression, and its aftershocks. The book focuses on the decision making from four critical central banks (England, France, the United States, and Germany) and how the men leading these financial institutions were […]

Read More…

Why this Junior Gold Miner Raised $100 Million

calibre mining project

Tensions in the Middle East are running high again. Despite a labour market at full employment, the US ran a deficit in 2019 that topped $1 trillion for the first time since 2012. Interest rates across much of the world remain near historic lows. The Fed has increased its balance sheet by roughly $400 billion […]

Read More…

What’s next for gold in 2020?

gold 2020

At first glance, momentum for the price of gold appeared to be carrying over from 2019. After all, we were just one week into 2020 when gold managed to reach a new 7-year high of US$1,613. However, gold is now struggling to break out of the US$1,500s. What’s more, some analysts believe a retracement for […]

Read More…