December 31, 2010 · 3 comments
in 2010, 2011, China, Financial New Year, bubble, bull market, commodities, energy, europe, forecasts, gold, market reports, oil
Oil and gold prices are ending 2010 on new near-term breakout highs. After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]
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October 11, 2010 · 4 comments
in bubble, central banks, coins, collapse, commodities, gold, hedging, investing, precious metals, wealth protection
How high gold can go in October and November now that gold prices have risen for 12 out of the past 14 days can be determined by evaluating how parabolic the gold chart looks but must be weighed against the fact that central banks have been continuously purchasing gold for reserves, and Barrick CEO Aaron [...]
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June 27, 2010
in 2010, G20, G8, economy, financial planning, forecasts, government, international economy, international stock market, market reports, news and updates, sovereign debt, stimulus, stimulus plan, world order
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Now that the G20 has wrapped up, what can we glean about stock markets going forward? Canada’s PM Harper noted that markets have been skittish as they have been waiting for the G20’s pronouncement on the delicate balance between imposing fiscal austerity but also facilitating continued stimulus in order to abet the global economic recovery.
Summer [...]
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December 15, 2009 · 12 comments
in Canadian, Canadian economy, Financial New Year, S&P/TSX, TSX, financial planning, income trusts, investing, market trends, stocks
How well will the Canadian stock market do in 2010? If the U.S. sneezes again, will Canada catch another cold? If there is any fallout or a double-dip U.S. recession owing to defaults on payment-option ARM mortgages, will it send global markets into another fiscal tailspin as we saw in October 2008?
By most estimates, Canada [...]
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