I have seen this phrase a number of times now: “transfer of wealth”
Real estate is yesterday’s game.
Next people will be talking about essentials, stuff you have to have or you die. Like food. Energy.
There seems to be no stopping the high flying oil price as it leaps above $130, a price that seemed unlikely just […]
If you get the bottom of a cycle before a 2 year run, then warrants and options or the HXU is great way to profit.
For the last two days, I attended and participated in the Hard Assets Investment Conference in New York City which was well attended with many great speakers and companies. I […]
Due to all kinds of prices rising to levels that would have seemed inconceivable only a few years ago, inflation concerns are mushrooming today. And if there is anyone still not worried about inflation yet, they soon will be. Rising food and energy costs really affect the daily lives of nearly everyone on the planet.
But […]
Kevin o’leary on tonite’s episode of “squeeze play” not only is he a billionaire, he’s a canadian, he co-hosts two TV shows, and rubs shoulders with smart people who manage a lot of money. As a result, if you listen to him, he sometimes talks about stuff that only the very smart, or very privileged, […]
US sub-prime fallout, high oil prices, rising CDN$, export-companies in Quebec/Ontario in big trouble
slowing CDN economy, especially in Eastern Canada. Leading to further domestic rate cuts to come this next 6 months.
http://www.canada.com/vancouversun/news/business/story.html?id=9a014649-2b47-4d64-ac34-24d637dc4784
The effects of which will not be felt until much later in 2009 and well into 2010.
Last real-estate peak was seen locally in summer […]
Higher fertilizer and fuel prices means farmers, if they get pricing power. Will be able to charge more for food.
http://nbbusinessjournal.canadaeast.com/journal/article/302148
From today’s Sun potash/fertilizer prices going thru the roof.
Farmers should be able to charge more for food, as long as demand is greater than supply thus they will be able to pass on these price increases […]
http://www.canada.com/topics/news/story.html?id=ac25095a-e20e-4613-9e50-8b7c95f75b7e
From today’s paper. As it is now becoming clear, provinces exporting to the US are being disproportionately hurt. (Ontario and Quebec)
Provinces with energy and/or resources and/or farming/fertilizer are doing well due to exports at high commodity prices.
Weakness across the country, but esp in vote-rich Eastern Canada, will result in the Bank of Canada dropping […]
I throw out a lot of ideas, but this guy touches on a lot of good topics, and uses plain english.
and has some good ideas.
Part 1/2: BNN interviews Derek Webb, chairman and CIO, Webb Asset Management:
http://watch.bnn.ca/#clip53543
Massive volume on HOD contracts these past 3 weeks since about April 20th, 2008. Price has dropped below $10 since about May 4th, 2008.
Price of HOD bottomed yesterday at $9.17. my buy order for 9.16 did not fill but I managed to snag some at $9.26 and $9.36. Price of oil “may” be topping […]
Coal stocks WTN and GCE up 10 x over the past 1/2 year. Coal moving up off bottom after coal companies went bankrupt 1-2 years ago.
Natural gas stocks almost doubling the past few months, after going through very hard times the past 2.5-3.0 years. Some got sold in distress just 6-8 months ago. Still lots […]