Mike’s Big Fat Idea

Special Oil & Gas Section

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

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Jack Crooks: US Dollar Bounce Then Look-Out!

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

 

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A Bargain Hunters Dream

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.

 

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Redistribution of Wealth Is Economically Toxic

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

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Mortgage Qualification To Get a Lot Tougher

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

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