Mike's Daily Comment

The Public Sector Hammers Those Without Pensions

The public sector pension funds are in deep trouble. The numbers are massive. Trouble is, the people who don’t have pensions are going to be the ones expected to make those pensions soluble.

…don’t miss Michael’s Weekend Editorial: A Final Death Blow

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Hot Properties: Good News For Calgarians

Ozzie tracks down the beneficiaries of the flood of cash escaping the Vancouver area with its foreign buyers tax. Certainly one area is benefiting, Calgary, with the big smart money investing there and other places like Grande Prairie. 

….also Josef Schachter: On The Brink of a Wonderful Buying Opportunity

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Live From The Trading Desk: An Astonishing New Low

The British Pound just set a 168 year low, proving what Victor regularily says that currency markets often trend far further than expected. Also Victor short bonds expecting higher interest rates, short crude oil and more…..

…don’t miss Michael’s Weekend Editorial: A Final Death Blow

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The Next Big Catalyst

The erosion of public confidence in government institutions and the media is ongoing. There is however a huge issue about to accelerate that trend. It may be the breaking point.

…don’t miss Michael’s Weekend Editorial: A Final Death Blow

Baltimore-Riots

Big Fat Idea – Finding a Decent Rate of Return

Andrew H. Ruhland, President of Integrated Wealth Management tells Michael about solutions to this extremely low rate environment. Solutions that don’t carry undue risk.

….also Josef Schachter: On The Brink of a Wonderful Buying Opportunity

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