US leaders would be wise to study what's happening in Japan very carefully or risk subjecting the US to the same kind of 'recovery' that's plagued Japan's economy for the last 23 years.
The story of the moment is the Dow Jones breaking out to a new all-time high. It certainly makes a nice headline, but does it really mean anything?
The price of light crude oil has now turned down, falling about 10% in the last two weeks. It saw a double top at $98, and has now fallen to about $90. The question we must now ask is, ‘Where will the current fall end?’
If you think there's any link between the rise of the stock market and the health of the US economy, then you might want to double-check the Dow's value in real inflation-adjusted dollars. Alternatively, you could judge the Dow in terms of the Dow/Gold ratio.
With China’s economy firing up again, the resources sector is putting a woeful 18 months behind it and is turning around right now.
Against the backdrop of fiscal mismanagement, political incompetence, and failed austerity measures, the world's biggest traders have all bet heavily on gold. Lately, they've been pulling out all the stops to get what they want while laughing all the way to bigger bonuses.
It’s great to see the market so deliciously bearish on gold right now. If this pattern repeats, get ready for a chunky move in gold very soon.
The shale oil and gas plays in Alberta - the natural gas filled Montney and the oil rich Duvernay - are transitioning from the discovery phase to optimization. Right now, with the fog clearing around the estimates of the recoverable resource base, smart investors like us can start making a lot of money in the shale patch.
Investing without making predictions about the future is like driving with a blindfold…you wouldn’t do that, so why invest without thinking about the future?
You're going to be hearing a lot about the 'sequester' over the next few weeks. So what is it? And more importantly, does it matter for your money?