Bitcoin price circles $44K as analyst asks, ‘Who remains to sell here?’
02/16/2022 1:02 PMBitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding after an overnight dip to $43,725 on Bitstamp. In a tightening...
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Schachter’s Eye on Energy for February 16
02/16/2022 11:35 AMEach week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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Stat of the Day
02/15/2022 1:56 PMInvestment lesson/warning: Twitter's sales have grown from $535 million at its IPO in 2013 to over $5 billion today. But its stock is 20% below its 1st day close in 2013. What happened? Investors were paying 41x sales at its IPO and 6x sales today. Lesson -- the price...
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Before you make another comment on COVID, read this by Dr. Vinay Prasad, Master of Public Health, Assoc Prof, Department of Epidemiology and Biostatistics at U of C San Francisco, practising oncologist
02/15/2022 1:38 PMThe main federal agency guiding America’s pandemic policy is the U.S. Centers for Disease Control, which sets widely adopted policies on masking, vaccination, distancing, and other mitigation efforts to slow the spread of COVID and ensure the virus is less morbid when...
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Russia And China Ink Huge Oil Deals As Ukraine Tensions Soar
02/15/2022 1:17 PMMoscow’s state-owned oil giant, Rosneft, signed a US$80 billion 10-year deal to supply the China National Petroleum Corporation (CNPC) with 100 million metric tonnes of oil. This increase in crude oil delivery volumes and mechanisms to China is part of a broad-based...
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“Is this necessary?” Calls grow to end BC’s vaccine passport system
02/15/2022 12:14 PMSome British Columbians say the vaccine card program isn’t necessary anymore in BC. Dr. Kevin McLeod, an internist who treats COVID-19 patients at North Vancouver’s Lion’s Gate Hospital, took to social media this month to voice his view on the passports. “Vaccine...
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Quote of the Day
02/15/2022 11:59 AM“The federal government has not met the threshold necessary to invoke the Emergencies Act. This law creates a high and clear standard for good reason: the Act allows government to bypass ordinary democratic processes. This standard has not been met... Governments...
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Metro Vancouver gas prices smashed the all-time record high. Here’s what to expect now
02/14/2022 1:39 PMMetro Vancouver gas prices reached an all-time record high this weekend. On Sunday (Feb.13), several outlets in the region were selling gas for 180.9 cents per litre, which broke the previous record of 176.9 cents set on Feb. 6. Dan McTeague, the President of...
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Quote of the Day
02/14/2022 1:19 PMAs you watch the "Emergencies Act" - the most illiberal of policies - being proclaimed, consider that the Prime Minister acknowledged the divisive consequences of instituting vaccine mandates. Yet according to two Liberal MPs, implementing the profoundly divisive...
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Stat of the Day
02/14/2022 1:14 PM40% of the US public doesn’t have $1,000 in savings. This is why inflation is a political problem for the Biden Administration with mid-terms in November, which in turn pressures the Fed to focus on inflation with aggressive rate hikes rather than worry about the...
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