Quote of the Week, Shocking Stat and Goofy Award
12/12/2021 1:17 PMQuote of the Week Possibly the most disturbing quote ever heard on this show. But it is time to start understanding the reality of the Chinese concentration camps. Shocking Stat Some advice on how to get young people interested in finance. Goofy Award Public Health...
read moreMike’s Comment – December 11th
12/12/2021 12:57 PM"It's Frank's world, and we're all just living in it." Sammy Davis Jr. Mike highlights the incredible disconnect between the educated elite decision makers and the reality of policies on the...
read moreDecember 11th Episode
12/11/2021 8:23 AMThe gloves are off on China. Award winning journalist and author Terry Glavin joins Mike to talk about Canada feeble response to date, a truly disturbing quote of the week, plus Ozzie on the implications of the Evergrande and Kaisa defaults. On the positive side Nick...
read moreKevin O’Leary has gone on a crypto binge, but his investment fund has different ideas
12/10/2021 1:47 PMBitcoin’s massive swings aren’t for everyone, but one investing shark is hungry for more cryptocurrency: Kevin O’Leary. The O’Shares ETFs chairman and Shark Tank personality bought his first coin in 2017 and has been picking up speed ever since. “I’ve grown the...
read moreElon Musk Calls for End to Government Subsidies in Build Back Better Act
12/10/2021 1:38 PMFifth Element cosplayer Elon Musk would like the government to knock it off with the whole trying to pass climate legislation thing. His beef with the Build Back Better Act? Among other things, subsidies for electric vehicles. Thus, Musk continues a long tradition of...
read moreBitcoin’s price could surge to more than $500,000 as institutional investors search for uncorrelated assets, Cathie Wood says
12/09/2021 11:45 AMBitcoin's price could surge to $550,000 as institutional investors ramp up allocations to the space, according to Cathie Wood. Wood told CNBC on Thursday that institutions are seeking exposure to uncorrelated assets and crypto fits the bill. "The move by institutions...
read moreSchachter’s Eye on Energy for December 9th
12/09/2021 10:55 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 &...
read moreIrish Central Bank Raises Gold Reserves By 33%, Worried About Inflation
12/09/2021 10:36 AMRecently the Central Bank of Ireland joined the ranks of sovereign gold buyers, adding 2 tonnes of gold to its monetary gold reserves in 2 months, consisting of a tonne of gold bought in each of September and October 2021. While in relative terms, the actual quantity...
read moreCanada’s GDP Is Recovering More Slowly Than Other Economies: BMO
12/08/2021 12:14 PMThe Canadian economy is recovering slower than its peers despite elevated inflation. BMO chief economist Douglas Porter indexed the GDP for Canada, the US, and Australia in Q3 2021. All three economies began as a v-shaped recovery, but Canada is the only one not to...
read moreCentral Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc
12/08/2021 11:55 AMOn Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH) and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project, which aimed to investigate...
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