Chilling references to a potential (likely) financial crisis in Canada keep cropping up in official statistical data releases. First it was concerns about the housing bubble there and the high level of personal debt to income, now it's about how hard manufacturing is getting hit there in spite of the loonie (Canadian dollar) dropping 17% against the US dollar in the past 15 months. It really begs the question "Oh Canada, Are You Prepared For What's Coming?"
Read More »Monthly Archives: June 2015
Relax! Greek Default NO Threat to EU Financial System – Here’s Why
True, the markets are nervous, but there is virtually no sign that an unpleasant resolution to the Greek crisis presents any threat to financial markets or even the Eurozone economy. Here's why.
Read More »Apple’s SmartWatch: The Ultimate In Wearable Technology Success
The Apple Watch is the first smartwatch that matters according to Tim Cook, CEO of Apple, and, based on initial sales numbers, this appears to indeed be true as illustrated in the infographic below.
Read More »Just don’t do it. Don’t buy diamonds. Here’s why
Just don't do it. Don't buy diamonds, either shares of diamond miners and distributors OR as a personal "investment". Simply don't do it. Here's why.
Read More »Stock Market Not Likely To Crash Soon & Here’s Why
History shows rather clearly that the stock market is prone to extreme events, aka crashes. The challenge is deciding when the risk for a repeat performance is unusually high... The leading factor, of course, is the business cycle but internal market issues can't be ignored either. With that in mind, I've developed what I think of as a crash-risk index for the U.S. stock market (S&P 500), which draws on signals from ten metrics that are reflecting different factors...
Read More »A Sneak Preview Of 10 Charts From the World’s Most Read Gold Report
On Wednesday, June 24th, Ronald Stoeferle's 9th edition of the “In Gold We Trust Report - 2015", with a global reach of some 1 million readers, will be released to the public at large. THIS ARTICLE highlights 10 interesting charts from said report.
Read More »The Problems With Copper Seem Insurmountable – Here’s Why (+3K Views)
Copper is among the three most used metals in the world, and high quantities of the red metal must be mined every year but the problem is that copper is not being discovered fast enough to meet upcoming demand. There are several reasons as this infographic illustrates.
Read More »If Greek Financial System Implodes the Rest Of Europe Will Soon Follow (+2K Views)
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Why? Because neither the Greeks nor the Germans are willing to give in, and that means: there is very little chance that a debt deal is going to happen by the end of June; we will likely see a major Greek debt default and, potentially, even a Greek exit from the eurozone and, if Greece does leave the euro, we are going to see financial carnage happen all over Europe.
Read More »Average U.S. Individual & Household Incomes Surprisingly Low – Take A Look
For a consumption based economy asking “how much do Americans earn?” is a vital key to our long-term stability. Each household has a propensity to spend and the ability to consume is largely derived by income. Debt has made it easier for households to spend future wages but these two important reference points measure the health of total wages for households and that of individual workers.
Read More »Throw A “Gold Party” & Have Fun Making Money – Here’s How
"Gold parties" are an easy way to do something unique, have fun, and make some extra cash for both you and your friends - and their friends too. Here's how to go about having one of your very own.
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