Stop looking to gold for the answers. The only thing you need to know about where the gold price is headed is what the U.S. dollar is doing.
Read More »15 Things to Give Up to Make Your Life the Absolute Best It Can Possibly Be! (+7K Views)
This site is devoted to enlightening oneself regarding the economy, the markets and investment options to strengthen one's financial wellbeing. That being said, occasionally I think a meaningful site should share other ways to improve one's life to make it the absolute best it can possibly be - and this is one such article. Read it, reflect on it, implement its words of wisdom and pass it on to your contact list (and tape it on your refrigerator as a constant reminder). It deserves to be shared!
Read More »World’s Largest Real Estate Bubble Is In Toronto; Miami Ranks #10
UBS published its 2022 Global Real Estate Bubble Index this week, and Toronto took the top spot. Vancouver remains at #6 and Miami is the top American city at #10.
Read More »Buy Silver Instead of Gold & Get a Good Night’s Sleep (+3K Views)
While it is never too late to buy gold one look at the current gold:silver ratio clearly suggests that silver and/or the stocks and warrants of quality gold and silver miners and royalty companies is a MUCH better buy than buying gold at its current price.
Read More »Silver Rally Will Not Cause Gold/Silver Ratio To Drop To 15:1 – Even 30:1 – Even 45:1. Here’s Why (+4K Views)
The gold/silver ratio has rather shockingly continued to rise steadily, and this month it has even broken above 90:1 but don't expect some kind of automatic reversion of the gold/silver ratio down to dramatically lower levels in favor of silver just because the current ratio seems very high. It is much more likely that future silver rallies will peak and top out around a gold/silver ratio in the range of 50:1. Here's why.
Read More »Here’s What’s Coming! Warning: Reader Discretion Is Advised! (+7K Views)
Warning: Reader discretion is advised! You are about to read a fictional account of what we could be faced with in the coming years - perhaps as early as 2024 - based on events that are already taking place in America today. It is most alarming but, unfortunately, after everything I’ve seen during my time inside Wall Street, inside the CIA and inside the halls of the Pentagon, that’s the path America’s heading down.
Read More »A Moderate Recession, NOT a Systemic Crisis, Is Likely In Canada
The Oxford Economics Financial Indications Index shows a recession in Canada is almost certain at this point. It’s unlikely to be a brief one either,
Read More »Toronto Has More High-rise Construction Than Any Other N.A. City
Construction cranes for residential housing in Q3 2022 in select North American cities. 0 25 50 75 100 125 Toronto Seattle Denver Chicago Calgary Los Angeles Washington Portland San Francisco Phoenix Honolulu New York Las Vegas Boston Cranes San Francisco Residential: 4 Region Residential Toronto 126 Seattle 36 Denver 23 Chicago 14 Calgary 12 Los Angeles 10 Washington 7 Portland 5 San Francisco 4 Phoenix 3 Honolulu 2 New York 1 Las Vegas 0 Boston 0 Source: RLB; Better Dwelling. In contrast, the next most residential cranes were located in Seattle (36), Denver (23), and Chicago (14). Once again, what’s happening in Toronto isn’t even close to anywhere else. The scale is reminiscent of the 2006 boom in Dubai. Hopefully things work out a little better.
Read More »There’s Blood In the Streets! Here’s Why & What To Do About It
Rarely has there been a market where both stocks and bonds have fallen so hard at the same time and, if you’ve tried to hide in cash, well, inflation is crushing you too. From an investor standpoint, there is blood in the streets, and things can still get much worse, especially considering...
Read More »The 25 Best Countries for Retirement: Canada Ranks #15; U.S. #18
The French investment bank, Natixis, ranks 44 countries using factors that affect financial security and material well-being, including unemployment and income inequality keeping score with its Natixis Investment Managers Global Retirement Index. This year the U.S. came in at #18, down one spot from last year and down from #16 the year before that. Canada came in at #15 this year down 5 spots from the previous year. Here are the reasons why.
Read More »