The Liberal’s NAFTA Agenda Needs a Rethink
07/25/2018 1:37 PMGettting a new NAFTA deal isn't easy with the Trump Administration but the Liberals aren't helping Canada's cause by linking our interests with Mexico and saying that any new agreement must include the Liberal's version of gender and indigenous rights along with their...
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The Complete Show – July 21st
07/24/2018 10:23 PMAn editorial on the wonder of Canada's anti-free traders aligning perfectly with Donald Trump. Michael interviews John Johnston from Davis Rea. The Goofy Award, The Shocking Stat, Live from the Trading Desk and much...
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Google Joins The Race to $1 Trillion
07/24/2018 6:20 PMGoogle was already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company. Alphabet, Google’s parent company, substantially outperformed market expectations in its...
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Banks Are Falling Out Of Favor With The Wealthy
07/24/2018 6:06 PMSlowly but surely, cash is moving away from banks as depositors increasingly shift funds to products that pay higher yields. That much has become abundantly clear during the current earnings season whereby the big banks have reported an acceleration in deposit...
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Interest Rates Lock & Load or Stay Nimble?
07/24/2018 3:17 PMQUESTION: Hi Marty,I continue to read your blog and if I understand correctly, interest rates are going up.My question is, can one profit from higher interest rates such as buying CD or bank stocks like Wells Fargo? ANSWER: The one thing you do not want to do is buy...
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COMPARE PRICES in $CAD and $USD for Single Family Detached Houses in Vancouver, Toronto and Calgary
07/24/2018 2:48 PMCLICK CHART TO ENLARGE In June 2018 a single family dwelling in the hot metros of Vancouver, Calgary and Toronto is now 24% cheaper if purchased in USD as opposed to CAD. They were 28% cheaper in February 2016 and at the March 2009 Pit of Gloom, prices were 21%...
read moreGold & Digital Gold: Both Assets Are Great!
07/24/2018 2:43 PMJul 24, 2018
- In 2013 and 2014 I predicted the Fed would lead the ECB and the BOJ in a slow but steady reversal of central bank policy, from QE/low rates to QT and relentless rate hikes. Even more shockingly, I predicted this would create a money velocity bull cycle in most Western countries. I also suggested that during this process the world’s greatest asset (gold) would regain its position as the most respected asset.
- Please click here now. Double-click to enlarge. I’m predicting that the ECB joins the Fed in substantial balance sheet contraction in 2019, and the BOJ won’t be far behind.
- As that happens, I expect the dollar will resume its long-term bear market against gold and experience a substantial decline against the yen.
- Institutional money managers are becoming concerned about the decline in liquidity in many bond markets around the world. I would suggest this is only the tip of the inflationary iceberg.
- Please click here now. Double-click to enlarge. From a technical perspective, the US government bond market looks like a train going off the tracks on the side of Mount Everest!
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Is Government About To Drive the Price of the Kinder Morgan Pipeline Higher
07/24/2018 2:37 PMNow that Canadian Taxpayers are owners of the Kinder Morgan Pipeline, the Feds are forming a Crown Corporation to be in charge of building the $7.1 billion project. The question is, will people in charge of building the project will be chosen on the basis of gender &...
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Michael and Paul on Blockchain Investing
07/23/2018 10:48 PMMichael is joined by Paul Gill of Lomiko to try and make sense of the possibilities and scope of blockchain technology. And more importantly for our MoneyTalks audience, recommend specific companies that are potential investments - some that will surprise you!...
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Overbought or Oversold? Let These Mathematical Signals Be Your Guide
07/23/2018 6:34 PM
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Anticipate before you participate in the market. This is a classic piece of advice I like to give investors and have written about extensively in my CEO blog, Frank Talk. Financial markets are influenced by relatively predictable cycles and trading patterns, and by better understanding these we are able to react thoughtfully to headline noise or unexpected market developments.
How many of you remember the old police procedural Dragnet? In it, Sgt. Joe Friday famously uses the line “Just the facts, ma’am.” I’ve always felt this nuts-and-bolts attitude relates perfectly to how our investments team makes its decisions on where to allocate capital. Follow the models, look at the math—and leave emotions at the door.
A Sentiment Indicator for Contrarian Investing
At U.S. Global Investors, one tool that we find particularly useful to track the different market cycles is our U.S. Global Sentiment Indicator. This indicator tracks 126 commodities, indices, sectors, currencies and international markets to help monitor volatility and cash flow levels.
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