Mike's Daily Comment
No shortage of economic and financial worries – COVID19, falling commodity prices, Deutsche Bank derivatives, Bernie Sanders rise – all of which could be the catalyst for a serious market correction.
Quote of the Week
A beauty from celebrated economist, Thomas Sowell on a generation that’s been raised to ignore facts – and the consequences.
Shocking Stat
No matter where you live you can always find someplace worse, as the shocking stats re Baltimore’s mayoralty race confirms.
Goofy
Even in the face of such serious issues like the Coastal Gaslink dispute, it’s amazing how fast politics turn petty.
Finally – arguably the biggest myth pushed by anti-pipeline opponents has been exposed. They won’t like it but it’s changed the debate.
Mike starts with the message from the Coastal Gaslink dispute that few want to acknowledge. Top analyst, Bob Hoye drops by to tell us what the record high in gold and the record low in interest rates mean. And Ozzie on the surprising hottest real estate market in Canada.
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Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
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A sane voice in a scrambled investment world.
~ Ed R.
Inside Edge Pro Contributors
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair
It’s Groundhog Day in the Oil Patch
Posted by Michael Campbell
on Tuesday, 25 February 2020 7:14
The formula is clear – spend a billion and get nowhere. Teck’s just done it – so did Northern Gateway & Energy East and Kinder Morgan but in the later’s case the plan backfired – and now taxpayers are left holding the bag.