Mike's Daily Comment

We Live In Unprecedented Times

The World is upside down. For 5000 years investors have been paid an interest rate to compensate for the risk and for the use of the capital. Now, thanks to government incompetence in financial disasters, we now paying government for the privilege of using our money!

…..related: Michael Campbell on – The Formula For Social Unrest & Political Upheaval

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Bank of Canada Says Lean Times Ahead

Senior Deputy Governor Carolyn Wilkins says to prepare yourself for an era of lean times going forward. When someone of that calibre admits tough times are coming, its probably an understatement.

Don’t miss Michael’s Mid-Week Comment: Interest Rates at a 5000 Year Low….For Now

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Interest Rates at a 5000 Year Low….For Now

The US 10 year Treasury Bond has just given an indication that interest rates are about to move higher from 5000 year lows. The implications for  economic health as well as the currency, real estate and stock markets will be profound. 

also: SWOT Analysis: Are Gold and Silver Stocks the Best Area for “New Money Right Now”?

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Chart Courtesy of

Money Disappearing Everywhere – Mostly From You

In a bizarre idea the Union wants the Canada Post 8.1 Billion dollar pension deficit to stop being counted. Since the taxpayers are on the hook for the shortfall, why keep up that embarrassing counting. Better to pretend it doesn’t exist. 

…..related: Michael Campbell on – The Formula For Social Unrest & Political Upheavalpost

The Formula For Social Unrest & Political Upheaval

Environmental activists, their media friends and most of everyone who works in any of the three levels of government likely don’t know anyone whose lost their job. Yet they continue to argue for the those job losses in so many resource industries, despite the fact that waves of unemployed are at the root of the rise of discontent that is sweeping the world.

also: SWOT Analysis: Are Gold and Silver Stocks the Best Area for “New Money Right Now”?

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