Tuesday , 14 May 2024

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Lassonde on Gold: "What can we expect? I think we can expect fireworks…." Here’s Why (+2K Views)

“There’s no cliff here. There’s no need to panic whatsoever...[In] the two previous bull markets in gold, 1980 and 1934, gold ended at essentially a 1/1 ratio with the Dow Jones and the Dow today is over 13,000. Would I be surprised to see gold past $10,000? No. I know it sounds crazy but it sounds a heck of a lot less crazy than it did five or six years ago.”

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Statistics Canada: Typical Borrower Owes $115,000+, Albertans $158,000+, Home "Owners" $161,000+

StatsCan released a major report Friday that outlines the overall debt situation of Canadians... It only measured what is owed by Canadians who carry any form of debt, not those that are debt free, and according to the report, the typical borrower owed an average of $114,400 as of 2009. That number, however,...is almost certainly higher today due to...[the fact that] low lending rates have been at 1% since early 2008...More worrisome could be that two-thirds of all Canadians who carry debt owe more than the average. Words: 585

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The Surprising Side Effects of Rising College Costs

The rising cost of college tuition translates into many students re-evaluating higher education, their future professional careers as well as other major life decisions. Find out more in our very enlightening infographic on The Surprising Side Effects of Rising College Costs.

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6 Bull Market Sectors at Risk of Becoming the Next Big Bubbles

As those familiar with the basics of Austrian economics can attest, an increase in the supply of money and credit [often leads to] asset bubbles in whatever sector(s) the new money and credit find their way into. With the U.S. economy so robust it will not go down easily and, as such, there is still the possibility that the Fed's radical inflationary policies will not break the dollar, but just kick the can down the road one more time, and unleash one more bubble before the bill for 40+ years of monetary madness is finally due. What sectors are most likely to be the recipient of a bubble? [Let's look at the possibilities.] Words: 1212

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The Bull Market In Equities is NOT Over! Here's Why

In spite of all the bearishness out there - the S&P 500 falling to 1,000 (David Tice),the market is overbought (John Hussman), its looking like the bear market of 2011 all over again (David Rosenberg), for example - I tend to disagree for 4 fundamental reasons. Let me explain. Words: 595

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