Going Green Could Crush Canada’s Oil Industry
11/26/2020 7:37 AMAs Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry. The new bill requires Canada to meet multiple targets to reach its goal of net-zero emissions by 2050, one of the aims of the...
read moreTrump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
11/26/2020 6:55 AMBrian Armstrong is worried the Trump Administration is about to send the cryptocurrency industry a parting gift. The Coinbase CEO took to Twitter Wednesday night to blast the U.S. Treasury Department’s rumored plans to attempt to track owners of self-hosted...
read moreThe Woke Culture In a Minute
11/26/2020 6:23 AMSome staff at Penguin Random House broke down and cried at the thought of publishing Jordan Peterson's sequel to the mega best seller 12 Rules for Life. Incredible, with all that's going on, this is what they're crying about. (Photo:...
read moreSchachter’s Eye on Energy – Nov 25th
11/25/2020 2:06 PMThis week Josef expands on how a three week vaccine rally nears its end and why WTI crude has lifted US$5+/b over this time and is extremely overbought. Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of...
read moreThe European Central Bank Gives Answer to a Key Question
11/25/2020 8:22 AMSo how are governments going to pay off all that debt? By printing money - the big question is will it be worth anything. Judging by the rise of gold, silver, and bitcoin... not as...
read moreAir Canada (TSX:AC) Stock’s Monster Rally Could Pop Soon
11/25/2020 7:57 AMAir Canada (TSX:AC) stock has been on a massive hot streak in recent weeks. Ever since Pfizer announced its vaccine had a 90% effectiveness rate, the stock has been soaring. Airlines stand to benefit from an end to the pandemic, so the recent price action is likely...
read moreHigh-Flying Chinese EV Stocks Hit Roadblock Amid Domestic Regulatory Scrutiny
11/25/2020 7:41 AMThe buoyancy seen in the Chinese electric vehicles stocks faces risk in the wake of regulatory scrutiny by China. What Happened: Chinese EV makers Nio Inc – ADR, Xpeng Inc – ADR and Li Auto Inc. which were all in record territory ahead of Tuesday's modest pullback,...
read moreWhat is a construction mortgage?
11/24/2020 2:51 PMThe gang over at Green Mortgage Team sent us their latest blog which contains useful advice for anyone looking to do a something other than a conventional mortgage. ~Ed. A construction mortgage is set up very different than a conventional mortgage. Lenders finance...
read moreInvestors Go “All-In” Without A Net
11/24/2020 11:24 AMWe have recently written a couple of posts about the “exuberance” that has invaded the market since the election. Such is often seen near short- to intermediate-term peaks in markets as investors go “all-in” without a net. It was on December 5th, 1996, during a...
read moreBitcoin price has now only been higher one day in history
11/24/2020 11:17 AMNov. 24 is generating the second-highest daily price ever for Bitcoin, with November already its best month in terms of dollar gains. Bitcoin (BTC) is currently having its second-highest trading day ever as BTC/USD is hitting a new multiyear high of $19,330. Data...
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