Another Fine Mess
11/17/2021 11:39 AM“This is a fine mess that you’ve gotten us into Ollie” ~ Stan Laurel to Oliver Hardy in Another Fine Mess 1930 Maybe “Houston, we have a problem” from the movie Apollo 13 is more apropos. We’re dealing with significant increases in inflation, record government debt,...
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Australian baseball club Perth Heat to pay athletes in Bitcoin
11/17/2021 10:53 AMAustralian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin. According to the announcement, the...
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Trudeau risks stoking inflation with stimulus plans, Scotiabank says
11/17/2021 10:35 AMPrime Minister Justin Trudeau’s government is at risk of adding to Canada’s inflation problem if it unveils more big-ticket spending measures this fall, a Bank of Nova Scotia economist said in a note to clients. Finance Minister Chrystia Freeland is expected to give...
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Coastal GasLink pipeline is blockaded in new trouble for project
11/17/2021 10:23 AMThe B.C. government is calling for the blockades by the Gidimt’en clan of the Wet’suwet’en First Nation outside of the Coastal GasLink project to end. Starting at 5 a.m. Sunday, the clan told workers they had eight hours to “peacefully evacuate” the area before the...
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Trading Desk Notes For November 13, 2021
11/15/2021 2:35 PMThe hotter-than-expected US CPI report rocked the markets Wednesday morning Gold spiked nearly $50 within 90 minutes of the CPI report and ended the week ~$100 (6%) above last week’s lows. Speculators in the gold futures market were net long a modest-sized position...
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Canadian home sales hit annual record after 10 months
11/15/2021 11:34 AMThe Canadian real-estate market is heating back up, posting the strongest increase in sales since the beginning of the pandemic housing boom. Home sales surged 8.6 per cent in October from the month before, the biggest increase since July 2020 when the country was...
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Quote of the Week, Shocking Stat & Goofy Award
11/14/2021 12:02 PMQuote of the Week Pandemic lockdown techniques being considered for imposing climate change policies. Shocking Stat The astounding inflation figure announced this week, and the permanent price increases it has generated. Goofy Award The bizarre story of a white...
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Climate Activists vs The Poor
11/14/2021 11:45 AMWhile virtue signaling politicians and the climate activist industry celebrates reducing the supply of fossil fuel energy, it's the world's poor who suffer as prices skyrocket amidst massive...
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November 13th Episode of MoneyTalks
11/13/2021 8:20 AMInflation trades, asset inflation and the unintended consequences of COP26 dominate the agenda. Market Timer extraordinaire Mark Leibvoit on opportunities in the cryptocurrency space, gold and the general market. Plus a great Goofy, Shocking Stat and much...
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50% Off the VR Blockchain Newsletter
11/12/2021 3:18 PMMark Leibovit may be a little miffed when he finds out Michael has arranged a 50% discount for his listeners! And timing for this service couldn’t be any better as we see Blockchain technology emerge. Banking. Social Media. Email. Even entire governments. All will...
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