Emerging Markets Boost Gold Holdings
09/21/2018 4:37 PMCentral banks’ demand for gold reached a three-year high, rising 8 percent during the first half of 2018 compared to the same period last year, according to a World Gold Council market update on central bank buying activity released today.... CLICK for complete...
read moreProtectionism in Canada
09/20/2018 3:21 PMThere are a few lessons from Donald Trump's trade protectionism that we should not...
read moreDebunking The A.I. Productivity Myth
09/20/2018 3:15 PMAutomation seems to be a never-ending source of fear-mongering. Judging from the commentary, robots will “replace us” and cause large-scale unemployment. With the entry of artificial intelligence (AI), and robots that make robots, the value of human beings as...
read moreWhy Oil Markets Can’t Escape OPEC, Russian Influence
09/20/2018 3:08 PMOPEC members and their Russia-led non-OPEC allies have yet to decide how to share the 1 million bpd production boost they pledged in June. when they saw the market started to tighten too quickly which pushed oil prices to $80 a barrel—potentially ringing in the...
read moreMorgan Stanley Turns Bullish On Gold
09/20/2018 3:02 PMCalls by big analysts to buy gold are pretty rare these days, so when the sixth largest bank in the U.S. comes out with a nudge, gold bugs start foaming at the mouth with righteous indignation. That’s exactly what Morgan Stanley has done—even if it really doesn’t like...
read moreNow That’s A Really Bad Idea
09/19/2018 4:01 PM238 academics signed an open letter to the European Union recommending a no economic growth agenda - better still, reduced growth despite the strong link in the research showing that the richer countries have better environmental records and higher individual...
read moreA Walking Contradiction
09/19/2018 3:54 PMInvestors and the media can’t seem to get enough of Warren Buffett. They hang on his every word as if he was sent from the heavens offering divine words of wisdom. Unfortunately, Buffett is a mere mortal, and like the rest of us, he tends to promote ideals that...
read moreSaudi Wealth Fund Pumps $1B Into Tesla Rival
09/19/2018 3:44 PMFirst Tesla. Now Lucid. Saudi Arabia’s Pension Investment Fund (PIF)—the Kingdom’s sovereign wealth fund—is gunning for electric vehicle glory, but it’s dipping its fingers in multiple pies. On Monday, Lucid Motors managed to close a $1-billion deal with Saudi Arabia...
read moreCoca-Cola Hints At Cannabis Product
09/19/2018 3:36 PMLess than a month away from the official launch of legalized recreational marijuana in Canada, some of the biggest names in beverages are scrambling to get on board, as drink gives way to smoke and future profits promise to quench the big thirst.... CLICK for complete...
read moreIt’s The Most Important Subject But No One Wants To Talk About It
09/18/2018 5:00 PMPoliticians hate talking about the implications of the aging population. You won't find one of them talking about the fact that there are 20% more seniors than just 5 years ago. The implications for healthcare spending, Old Age Security payments and pensions are...
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