Dissent at the Fed
The release of January’s FOMC minutes had a fairly substantial impact on precious metals this week as on Wednesday alone we witnessed more than a 2 percent sell off in the price of gold.read more
Are Currency Wars Really our Concern?
The word “war” perhaps over-hypes the implications of these policies. None the less, measures to spur domestic growth have direct implications on a country’s exchange rate, and thus are much more far-reaching.read more
Could the US oil boom be the trigger for Canada’s Housing Bubble?
Canadians are overleveraged. We are holding to much debt. Why then, when there are present opportunities to relieve household imbalances are we balking at the opportunity to prosper as a nation?read more
Loonie Loses it’s Luster?
The Canadian dollar against its US counterpart had a very narrow trading range over the last few months. Not this week, as the loonie fall over a cent and a half and finished trading at close to 99 cents.read more
Germany wants its gold back—should we worry?
News surfaced this week that the Bundesbank, Germany’s central bank, was recalling gold that it holds outside of the country. But does it matter where Germany really stores their gold?read more
The Trillion Dollar Coin
The debt ceiling has been raised on 78 separate occasions since 1960, and pursuing alternative measures to avoid exhausting the US Treasury’s coffers will ultimately shock both creditors and rating agencies.read more
Calling the Fed’s Bluff
The price of gold has moved up significantly in response to the US central bank’s issuance of cheap credit, but the question then becomes what happens to the price of gold when the Fed takes the punch bowl away?read more
Lack of Governance
What is the real significance of America actually diving over this fiscal cliff?read more
Economic Reality is a Drag on Market Optimism
Stock markets seem to be carrying a false sense of optimism that economic growth is stronger than it actually is. The economic data, however, tells a story that is quite contrary.read more
Anemic Economic Growth
Does the moderate growth of the Canadian economy carry any implications for interest rates in the upcoming year?read more