Mike’s Big Fat Idea
Doug Bartole of InPlay Oil Corp. gives an update on oil & gas and what the environment looks like now.
….also from Michael: Great Advice from Guests James Thorne & Paul Beattie
Jack Crooks tells us that if you must get anything right, get the US dollar right. Near term prepare for a weak CDN Dollar to 74 cents.
….also from Mike: Great Advice from Guests James Thorne & Paul Beattie
A big fat idea from Brent Woyat involves investing in a powerful commodity rally. Brent recommends taking a position in a broad commodity tracking ETF that is RRSP eligible. After a 7 year commodity decline, commodities as represented by the CRB Index is market sector that is very sold out & rising from a low point as you can see in the chart below.
In this week’s Instant Wisdom, Milton Friedman explains succinctly just why Government spending & redistribution does not increase the wealth of a nation.
….also from Michael: Canada’s Awash In Self-Satisfied Progressives
Kyle Green of the Green Mortgage team with answers to the effect Mortgage rule changes & the stress test will have on mortgage seekers, including those who are renewing existing mortgages. Kyle also points out a loophole in the Governments strategy.
….also from Mike: Climate Change, Uber & The Status Quo