Posts tagged as:

economy

As soon as I saw this title on the bookshelf, it caught my eye.  Since I’ve been trying to curb my spending, I just skimmed it and put it back.  Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]

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It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force.  What’s to deny about the trend in gold prices?  You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise.  In some [...]

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NB: As you can imagine from watching a film like Food, Inc., it can be hard to separate the emotion and just report “calmly” on the plain facts presented by the film.  Originally I wrote this the same day I saw it, but I’ve since gone back and edited it to try to tone down [...]

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So, we’re in a prolonged recession.  Jobs for this year’s college graduates are supposedly all going to be at a standstill, causing new grads to have to settle for working in a field other than the one they did their Bachelor’s in or — gasp! — even taking a pay cut to work in their [...]

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Watch the first five minutes of this video clip from BNN (Canada’s all-business channel).  Peter Gibson is Vice-Chair of Desjardins Securities, and he uses the D-word.  In fact he says he still believes there’s a 30% chance we can fall into a Depression if measures aren’t put in place to avoid a “second-wave” collapse in [...]

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Here’s one way to track the growth of the recession, including hopefully when it will be over.  Keep in mind that “earnings trail the market” and that layoffs tend to happen in the final down-turn of an economy.  So these layoffs, unpleasant as they are, might actually be the signs of an approaching end to [...]

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Here’s a little “tip” or “tidbit” that I learned today watching BNN (Canada’s CNBC).  Generally speaking, company earnings lag the markets by about one year.  This means that since experts are generally agreeing now that November 20, 2008 represented the overall market bottom (unless, of course, we retest that bottom), that it will take until [...]

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