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Over the past few years, policy leaders worldwide have grown accustomed to kicking the can down the road with each step in this ongoing financial crisis making incremental moves rather than cultivating viable long term solutions. More recent attempts seem to have evolved into simply just trying to kick the can out of the driveway. Now we fear there may not be enough firepower left to simply kick the can over. [Having done so, we are left between the proverbial rock and a hard place.] If lawmakers do nothing, by all accounts we are likely to see a recession. Should lawmakers extend the Bush-era tax cuts, you make no progress towards long term deficit reduction, potentially raising the risk and magnitude of a future financial crisis. [Let me discuss this predicament further and how best to invest in such precarious times.] Words: 1602

In a recent article* Morgan Stanley tobacco analyst David Adelman compares the average price of a package of cigarettes to how long it takes to buy that package based on minutes of work. How many minutes do you think it takes to pay off a pack of cigarettes in Canada, the U.S. etc.? Words: 557

Industrialised countries today face serious risks – for their financial sectors, for their public finances, and for their growth prospects. This column explains how, through our financial systems, we have created enormous, complex financial structures that can inflict tragic consequences with failure and yet are inherently difficult to regulate and control. It explains how this has happened and why there are more and worse crises to come. Words: 2434

I had the pleasure today of attending a presentation by Passport Potash Inc. (TSX.V:PPI & PPRFT:OTCQX) that is "Cultivating Global Growth" in its pursuit of profits. It is an interesting story. Let me share it with you. Words: 560

QE3 looks like a desperate act to feed money to large banks, offload MBS toxic waste from their balance sheets, devalue the dollar against houses, commodities, and other currencies and create significant collateral damage in the form of consumer price inflation according to a number of respected economists and critical thinkers on the subject of QE3. [Let's take a look at what they have to say.] Words: 1661

I believe that the engine of global economic growth for the next five-year period will be China. I firmly also believe that it's not only appropriate, but critical for investors, even those whose focus is trading rather than investing to now take a look at China equities based on long-term investment horizons. [This article does just that with some specific investment suggestions.] Words: 1581

While many of us don't like making price predictions, and certainly ones accompanied by a specific date, it's hard to ignore the correlation between the U.S. monetary base and the gold price. That correlation says we'll see $2,300 gold by January 2014 - and $2,500 by the end of 2014. [Let me explain.] Words: 567

For the past few months, existing home sales levels have been weaker than expected. The focus, however, should not be on the weakness of the headline numbers. In actuality, the softening in existing home sales is showcasing the potential for acceleration in new home sales. [Let me expain.] Words: 1205

...Gold is about to undergo a profit-taking event...as a result of the USD beginning a rally, probably beginning today. I'm looking for the dollar index to test the downward sloping 200 day moving average [see chart below] before rolling over and continuing the secular trend. This should drive gold down into a final intermediate degree bottom around $1694 or so before testing the all-time highs at or slightly above $1900 sometime before the end of the year. [Let me explain why that is most likely going to happen.] Words: 401

Optimism has seized stock markets in the past month on the back of better economic data in the United States and a late-summer lull in the euro crisis. Market volatility is at its lowest level in years. [That being said, however,] BofA's top economist Ethan Harris...thinks the U.S. economy is "in the eye of the storm" right now. Below is what Harris sees on the horizon. Words: 363