Warning about Doing Business with the Communists in Hong Kong
07/15/2021 6:00 AMWhile Canada sleeps the US recognizes the threat posed by China's Communists' ambitions with a warning that business beware but will they pay attention before it's too...
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Schachter’s Eye on Energy – July 14th
07/14/2021 12:48 PMEach week Josef Schachter will give 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 &...
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Technically Speaking: Bubbles Are Evident After They Pop
07/14/2021 7:21 AMBubbles are evident and only get acknowledged after they pop. Such is because, during the inflation phase of the market bubble, investors rationalize why “this time is different.” We have seen many examples of this rationalization over the last couple of years. Such...
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Canada’s Pile Of Household Savings Is Mostly Held By The Rich, And Won’t Be Spent
07/14/2021 6:53 AMCanadians have an epic pile of savings accumulating, but it’s not as big as most economists think. Oxford Economics‘ Tony Stillo took a deep dive into the household savings rate this week. The firm found the gross numbers exaggerate the total that can actually be...
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Politicians Pander to the Middle Class
07/14/2021 6:13 AMBut after a massive increase in housing and stock prices shooting Canadians wealth up by $2 trillion during the pandemic - is it time to focus on the...
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Inflategate Strikes Again
07/14/2021 5:47 AMInflation is getting so bad Arizona might have to raise the price of its iced tea above $0.99. Okay, it's not that horrific yet, but consumer prices did surge 5.4% in June from a year ago, the biggest increase in 13 years. What happened: As the US reopened for...
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This company sells passports to Americans looking for a tax break on their bitcoin profits
07/13/2021 6:59 AMRussian expatriate Katie Ananina has spent the last three years helping people dodge taxes on their bitcoin gains. It is all part of her mission to stick it to the man, one case of tax avoidance at a time. As the name suggests, Plan B Passport offers crypto-rich...
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The IEA Warns Of Another Oil Price War
07/13/2021 6:40 AMThe oil market has been on edge for a week now, entertaining the possibility of a new price war within the OPEC+ alliance, the International Energy Agency (IEA) said on Tuesday, adding that the current impasse is also threatening to derail the global economic...
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Failure of Socialism in Cuba
07/13/2021 6:17 AMSome of our political and public sector elites disagree but Cubans have taken to the streets yelling Down with Communism - lack of basic necessities like food will make you do...
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Here Come The Promises
07/12/2021 8:30 AM"Vote for me and we can all have a job...make that 2." "No vote for me and you'll have 3." Sorry, but I don't think I can take another round of campaign BS on...
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