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

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 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”?

Central Bank manipulation of interest rates is great for some folks, and devastating for others. Long term risks are extreme, and the scary moment will come when interest rates rise.

….related: The Legend Jim Dines