Dormant Bitcoin wallet holding 321 BTC activated after eight years
12/21/2021 11:06 AMA Bitcoin wallet containing millions of dollars worth of Bitcoin has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. The wallet had not been used since 2013, barely a few...
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Ottawa will challenge higher duties on Canadian lumber into U.S.
12/21/2021 10:59 AMOttawa is challenging higher duties imposed on Canadian lumber imported into the United States, in the latest turn in a trade dispute that has persisted for decades between the two countries. The challenge will be filed under the terms of the new North American free...
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Lithium miner’s woes may exacerbate strain in EV supply chain
12/21/2021 10:51 AMPilbara Minerals (ASX: PLS), one of Australia’s top lithium miners, slashed its forecast for shipments, further exacerbating tight supply for the key ingredient in electric-vehicle batteries. The Perth-based company cited a raft of issues — from delays in...
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Trading Desk Notes For December 18, 2021
12/20/2021 12:36 PMAre you de-risking into yearend? Day-to-day and intra-day price action since Thanksgiving Friday has been very choppy. Big Cap Tech has been fading. Are Portfolio Managers de-risking before yearend to preserve stellar track records? Big Cap Tech fading? Big Cap Tech...
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BC forestry majors invested $6 billion elsewhere in 2021
12/20/2021 12:00 PMCanfor Corporation (TSX:CFP) is capping 2021 with another investment outside of B.C. – bringing the total investment of B.C.’s forestry majors outside of B.C. to roughly $6 billion this year alone. Canfor on Thursday announced it is buying Millar Western Forest...
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Bank of Montreal strikes US$16.3 billion deal for Bank of the West
12/20/2021 10:58 AMThe Bank of Montreal has agreed to buy BNP Paribas’ U.S. banking subsidiary, Bank of the West, for $16.3 billion in cash. The deal, announced Monday, would expand the presence here of one of Canada’s largest banks by combining the $105 billion-asset Bank of the West...
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Quote of the Week, Shocking Stat & Goofy Award – Dec 18
12/19/2021 12:26 PMQuote of the Week Well known historian, David Starkey on today's revolution by stealth - and where it leads. Hint: nowhere good. Shocking Stat Senator Elizabeth Warren thinks Elon Musk is “freeloading off a rigged tax code” - to which Elon replied, “Please don’t call...
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Mike’s Comment – Dec 18th
12/19/2021 12:20 PMIt's obvious what's led to the OECD's scary forecast about Canada's economy but no one seems to care...until it's too...
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December 18th Episode
12/18/2021 8:20 AMMike on the OECD's frightening economic forecast for Canada. Big Picture Trading's Patrick Ceresna on what the heck's happened to gold. Plus what's Elon Musk paying in taxes. And where's all the pandemic money gone? Hint - no one...
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Coming Up on Tomorrow’s Show
12/17/2021 11:36 AMAn "unbalanced market" has Mike and his guests looking for opportunities and pitfalls. When a few strong, massive cap stocks out-weigh the vast majority of under-performing stocks there is potential for big volatility. Patrick Ceresna of Big Picture Trading joins Mike...
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