Silver as an investment

Category Archives: bank of canada

Canadian Housing Affordability Hits 27 Year Low

Authored by Steve Saretsky via VanCityCondoGuide.com, Nothing says Merry Christmas like a 27 year low for Canadian housing affordability. That’s right, real estate across Canada has not been this un affordable since the year 1990 per RBC. Spoiler alert house prices tumbled shortly thereafter. RBC Bank released their updated Q3 numbers for housing affordability. To […]

Key Events In The Coming Week: Jobs, Brexit, PMI, IP And More

The first full week of December is shaping up as rather busy, with such Tier 1 data in the US as the payrolls report, durable goods orders and trade balance. We also get UK PMI data and GDP, retail sales across the Euro Area, as well as central bank meetings including Australia RBA and BoC […]

The Coming Economic Downturn In Canada

Authored by Deb Shaw via MarketsNow.com, Canadian GDP growth has outperformed this year, helping the Canadian dollar As GDP growth slows and the Bank of Canada turns neutral, catalysts turning negative Crude oil and real estate look set for a downturn, with negative implications for the currency Given its natural resource-based economy, Canada is a […]

Dear Justin Trudeau: Selfies Won’t Cut It

Dear Justin Trudeau: Selfies Won’t Cut It Written by Peter Diekmeyer, Sprott Money News     When Justin Trudeau took office as Prime Minister two years ago, he also took on the Minister of Youth portfolio. It was a tough assignment, atop a government infrastructure designed from its core to disregard the interests of Canadian […]

The Central Bank Bubble: How Will It Burst?

Alberto Gallo of Algebris Investments steps up to take his shot at the $64,000 (more like trillion) question in a report published this week “The Central Bank Bubble: How Will It Burst?” Gallo manages the Algebris Macro Credit Fund described as “an unconstrained strategy investing across global bond and credit markets, and with lead responsibility […]

“This Could Be Huge”: Gold Bar Certified By Royal Canadian Mint Exposed As Fake

The last time there was a widespread physical gold counterfeiting scare was in the summer of 2012 when as we reported the discovery of a single 10 oz Tungsten-filled gold bar in Manhattan’s jewelry district led to a panic among the dealer community, which then resulted in local jewelry outlets discovering at least ten more […]

The Stimulus Party Is Ending

By EconMatters We cover the Financial Markets reaction to both the ECB and BOC Central Bank rate decisions and monetary policy adjustments in this subscription video, contact us to get on our subscription video mailing list. The Central Bank Era is coming to an end as the ECB begins the tapering process in earnest in 2018, […]

Frontrunning: October 24

Corker Tells Trump to Stay Out of the Tax Debate (BBG) Food fight? After spats on Twitter, Trump’s having lunch with Senate Republicans (McClatchy) As ‘New Era’ Dawns, Xi’s Party Stays Out of the Sun (WSJ) China enshrines ‘Xi Jinping Thought’, key Xi ally to step down (Reuters) U.S. Set to Resume Admitting Refugees but […]

It’s Time To Take Central Bankers’ “Calm Assurances” With A Pinch Of Salt

"It could be time to fire up your engines," suggests former fund manager Richard Breslow, urging some life back into the seemingly oblivious markets… Via Bloomberg, There’s a lot of uncertainty out there and the response to it shouldn’t be an inability to trade. How about a little frenetic back and forth? We could use […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]