Trump accuses Biden of wanting to ‘destroy the oil industry,’ as Democrat says it should be replaced ‘over time’
10/23/2020 12:00 PMHere's an article that our friends at Integrated Wealth Management thought you might enjoy. ~Ed. Well he said it in the waning moments of the presidential debate - Joe Biden wants to shut down the oil and gas industry. Did he just nail the coffin for Democrat hopes in...
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Sticking it to Young People
10/23/2020 6:16 AMAnd they don't even know it, which makes me wonder, is that why we keep them in the dark and don't teach them about finance and...
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Despite price rise, copper at historic low against gold
10/22/2020 11:11 AMAccording to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal’s use in widespread applications, from power generation and electricity distribution to iPhones....
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Are You Really that Gullible
10/22/2020 6:41 AM$450 billion in provincial and federal deficits this year but politicians who love bigger government tell us they won't raise taxes. Sure, and I've got a bridge to sell...
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Schachter’s Eye on Energy – Oct. 21st
10/21/2020 2:03 PMA plunge in US energy consumption last week of 1.4Mb/d to 18.1Mb/d weakened US crude prices by over US$1.50/b. And a breach of US$40/b is imminent. Josef feels the next target is US$36/b in the coming weeks. Each week Josef Schachter will give you his insights into...
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PayPal to offer crypto payments starting in 2021
10/21/2020 6:58 AMPayPal announced on Wednesday its entry into the cryptocurrency market, according to multiple reports. PayPal customers will be able to use cryptocurrencies to shop at any merchant in its large network starting from early 2021, the company said. The payments will be...
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I’ll Bet They’re Wrong
10/21/2020 6:41 AMPoliticians talk like there are no consequences to the massive buildup of government debt. Consider that if bond rates went back to where they were in January it would add about 30 billion a year in interest cost...
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RBC Just Forecasted Mortgage Defaults May Be Higher Than If The BoC Did Nothing
10/20/2020 7:59 AMCanada’s largest bank is prepared for the wave of mortgage defaults coming. Phew! Wait… what defaults? RBC Capital Markets sent a research note to clients last week. In it, the analysts mention up to a fifth of deferred mortgages are at risk of default. It’s great the...
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LGBTQ ETF Could List In Q1, Perhaps Sooner
10/20/2020 7:52 AMFinancial data company LGBTQ Loyalty Holdings, Inc. plans to launch an exchange traded fund linked to the LGBTQ+ ESG100 Index in the first quarter of 2021, and perhaps sooner depending upon on market conditions. What Happened: The Florida-based company planned to...
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Same Debate – Same Result
10/20/2020 6:38 AMBoth Alberta and BC have revived the debate over private medical care in Canada. And once again ideology trumps patient...
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