0:22 – 1:08 Michael’s quote of the Week – a quote from P.J. O’Rourke’s book Parliament of Whores that isn’t going to make environmentalists very happy

1:08 – 17:40 – Featured guest Paul Beatty of BT Global whose fund since inception in 2006 has more than doubled the return of the TSX. Last time Paul was on in November 2016 he recommended two specific energy service stocks Calfrac Well Services (CFW) at $2.75 and TriCan Well Services (TCW) at $2.97 which both soared to over $5..00 in the next 60 and 90 days respectively. Another big winner from Paul was Trevali Resources up from below 35 cents in March 2016 to a high of $1.57 in Feb 2017. Trevali Resources traded to a close of $1.05 on friday.

Paul answers Michael’s questions on interest rates, the economy, the Canadian Dollar, real estate. Paul sent us a note last week saying it might be time to look at gold stocks, so Michael grills him to list his exceptional picks in that area. 

20:15 – 23:22 This weeks Shocking Stat comes down hard on the comglomerate of despots, tyrants, kleptocrats and sprinkling of democracies that is the United Nations. Listen to this list of corruption if you can stomach it.

23:55 – 30.15 Ozzie’s Hot Properties: With a big week ahead with the Bank of Canada possibly raising interest rates sooner than expected, Michael asks Ozzie what the impact on the real estate market is going to be if the BOC does raise rates, but especially if it raises rates more than everyone expects. A slowdown or a 30% correction? 

30.50 – 33:45 – In this weeks Live From the Trading Desk Victor Adair on the key events this week,  the Bank of Canada signaling a change in interest rate policy, the more “hawkish” Federal Reserve, the bad news Oil was hit with and the CRB commodity index dropping to a 14 month low, down 9% from 2017 highs even as the USD fell 7%

34:00 – 36.27 This weeks Goofy Award Winner – Last week Michael talked about the increasing acceptance of extremism. This week is another example emanating from Britain, not a big stretch from Canada

Money Talks 1st 1/2 Hour June 17th 2017

0:46 – 05:19 – Michael’s Editorial: “Just about everything that is wrong with Big Government is on full display in Ontario”. Michael Campbell June 17th/2017. Michael points out that despite the worst debt position of any government in North America, the Kathleen Wynne Liberals are already setting out to buy more votes for the upcoming election a year away. It wouldn’t be as bad if they weren’t doing it with their childrens money! Some of the expenditures are so brazen and relentless you’ll find yourself shaking your head.

06:37 – 14:23 – Michael Levy on the huge story this week where Amazon bought out Whole Foods at a 27% premium ushersing in a wholesale change in they way we shop for food. Another story where technology is allowing customers to walking into a store, pick their food, put it in a bag and walk out without going through a checkout line! Winding up the latest on the Canadian Dollar and the Bank of Canada.

15.01 -18:34 – Michaeel asks Eamonn Percy, author of the 1% solution , a book that gives the actions in recipe form that a person graduating from high school or university must take in order to build the entreprenuerial mindset required to get employment security in the changing economy. The 1% Solution solves one of life’s biggest problems; how to overcome a lifetime of obstacles fast enough in order to make a significant impact in the limited time we have or, more precisely, how to become a 20-year overnight success!

Money Talks Complete 2nd Hour June 17th 2017