Tag Archives: euro

Why Europe needs America!

Being in a country like Canada, and being in the investment management business a very long time helps one have a broader perspective. In my experience (thirty years) global economic cycles tend to follow a pattern out of slumps: US … Continue reading

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Short Gold, go LONG Currencies?

Central banks stockpiling bullion? Based on their historically really bad timing, looks like the price of gold has more room to move……DOWN! “The Central Bank Gold Agreement (also known as the Washington Agreement on Gold) was announced on September 26, … Continue reading

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Commodity Conundrum – gold, copper, nickel…

Although gold is a metal, its price has very little to do with cycles in the global economy and more to do with psychology and a myriad of other variables – and which are important at a given time is … Continue reading

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US stocks show promise; Canada not so much!

Once (or perhaps I should say “if”) the political bickering about the U.S. deficit is resolved, it should take very little time for the stock market south of the 49th to rally. Fundamentally, things are looking pretty good. As you … Continue reading

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MARKET CORRECTION — The day after you buy stocks!

FORECAST – Sunny with Chance of Showers I was asked to speak at the Alternative Investment Conference in Calgary over the weekend. As you know, I don’t believe in predictions (for reasons covered at length in my new book); I … Continue reading

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Stock market will be a wild “ride” this week!

I saw this news item from Canadian Press: “The TSX finished last week little changed as earnings failed to provide lift, with investors driving share prices lower in companies as diverse as Canadian Tire Corp. (TSX:CTC), BCE Inc. (TSX:BCE), Air … Continue reading

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