Category: Economics
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Mid Tier Gold Companies Since June 11th 2019
Yamana Gold, $ 1.92 USD to $2.55 USD for a 32 per cent move Eldorado Gold (EGO), $ 4.11 USD to $6.22 USD for a 51 per cent move New Gold (NGD) went from $0.72 CAD to $0.94 CAD for a 30 per cent move Detour Gold (DGG) went from $13.25 CAD to $16.58 CAD…
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What is Shadow Stats?
It’s a newsletter written by John Williams. John received his degree in economics from Dartmouth in 1971. He considers it his duty to help the interested understand street level economic indicators in real terms as opposed to the terms expressed through nuance by government agencies. For example, John will take the unemployment statistic and incorporate…
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Ever Been Blind Sided?
One reduces the risk of being blind-sided with awareness. The problem with awareness is that we are lacking it due to the imposition and acquiescence to life’s complexities. Even when one deploys discipline in erecting barriers to special interests, variables outside our control compel us to accommodate for the sake of functional conformity. So, here…
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Steve Eisman Is Shorting Canadian Banks
Over at bnn.ca they kept the video link front and centre for three days. The fellow gained notoriety for correctly calling and profiting from the U.S. financial meltdown in 2008 having suspected issues with collateralized debt obligations. Now, he is shorting Canadian banks. It’s no secret. Housing prices are under pressure. Mortgage qualifying criteria has…
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Trudeau’s Year Ending News Conference and The Pipeline
Not that I’m a fan of Justin Trudeau’s politics but he certainly outperformed the journalists posing questions today. I give Trudeau credit for his thoughtfulness, tact and consistency in articulating positions. He is certainly well spoken. Naturally, the security concerns of Canadians travelling abroad are important, but half the question period was unfortunately taken up…