November 8, 2010 · 4 comments
in 2010, China, G20, GoldMoney, USD, World Bank, central banks, forex, gold, international economy, leadership, legislation, world order, world reserve currency
The World Bank may lead the rest of us back on to the gold standard a lot sooner than we think. World Bank head Robert Zoellick suggested over the weekend (and for the second time) that the G20 should consider making gold the global reserve currency as part of some major structural changes to the [...]
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March 17, 2010
in CAD, Canadian, DJIA, S&P 500, currencies, diversification, dividends, financial planning, foreign investment, hedging, market timing, risk, stocks, wealth protection
Now that the loonie is flying high again, many Canadians are considering US expenditures, which become cheaper as the loonie moves higher. Some of these purchases might be in the form of US stocks through your online brokerage.
But before you hit the trigger and jump on a position in Walmart (NYSE: WMT), Apple (NSDQ: AAPL) [...]
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March 15, 2010 · 3 comments
in CAD, Canadian, NYSE, S&P 500, US economy, exchange rates, foreign investment, hedging, international stock market, investing, stock picks, technology, telcos
Last week I looked at what would be my top three picks for Canadian stocks that Americans would do well to start out with, especially if they would like to diversify their currency risk.
At a reader’s suggestion I thought I should look across the border in the other direction at U.S. stocks that still hold [...]
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February 1, 2010 · 6 comments
in 2010, February, S&P 500, international stock market, investing, market reports, market trends, seasonal investing, stock exchanges, stocks
Predicting where the stock market will go in February might be a lesson in futility more than futurity, but that doesn’t mean we can’t pay close attention to what the analysts are looking out for – and other key pieces of market news such as earnings, announcements from the Fed, levels of consumer credit card [...]
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January 21, 2010 · 4 comments
in 2010, British Columbia, CAD, Canadian, Canadian economy, Olympics, entertainment, forex, news and updates, seasonal investing, special dates, sports, winter
Between February 12 and 28, 2010, all eyes around the world will be on Vancouver, BC, Canada for the 2010 XXI Winter Olympic Games. More than viewers around the world, the Winter Olympics are expected to attract thousands of new visitors, tourists, athletes and Olympic personnel to the lower mainland of British Columbia. But just [...]
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January 20, 2010 · 13 comments
in 2010, Federal Reserve, US economy, bull market, central banks, economy, exchange rates, financial planning, forex, hedging, inflation, interest rates, international economy, market crash, market reports, market timing, recession, risk
Highest ever one-month inflation rise in the UK for December, fiscal imbalances in Greece, weakened macro-economics in Germany, a Canadian housing market bubble, higher than 50% gains in the commodity currencies since last March (2009), and the return of hubris and risk-taking in the U.S. investment banks… what do these all have in common?
Is it [...]
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Just last week, the UK pound sterling (GBP) hit a 24-year low against the Canadian Dollar when it also hit five-year lows in UK inflation. The pound is currently weakening again as a result of the latest Bank of England reports on lower than expected Q3 GDP growth, which actually contracted 0.4%.
Ashraf Laidi, CMC Markets [...]
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