Silver as an investment

Category Archives: Canada

Get Ready for Inflation! Lumber Logs a 12-Year High

news.goldseek.com / By Frank Holmes / Tuesday, 18 April 2017 As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high last week, supported mainly by expectations that steep duties will soon be levied on cheap softwood imports from Canada. Lumber futures rose to nearly $415 per […]

“Canada: Irrational Exuberance?” Wild Housing Speculation Drives Entire Economy

wolfstreet.com / by Wolf Richter / Apr 10, 2017 Everyone is afraid of breaking the addiction. Here’s another data point on the Canadian housing bubble, how immense it really is, and how utterly crucial wild housing speculation has become to the Canadian economy. Housing starts surged to 253,720 units in March seasonally adjusted, the highest since September 2007, […]

American Jobs Once Again Flowing Into Mexico After Brief, Trump-Induced Pause

After Ford scrapped plans for a new facility in Mexico and continues to flood the White House with press releases detailing normal course capital expenditures to be made on domestic plants, investments that would have been made irrespective of their outsourcing ambitions, it seems as though economics are making a comeback in  guiding the capital […]

Canada Passes ‘Blasphemy’ Bill To Silence Critics Of Islam

zerohedge.com / by Tyler Durden / Mar 24, 2017 8:15 PM Despite polls showing that 71% of Canadians would not have voted for the measure, Canada’s Parliament, with the strong backing of Justin Trudeau’s Liberal government, passed a motion this week 201 to 91 that critics say singles out Islam for special protection. Tabled by Muslim liberal MP […]

Marxist Socialism now relabeled as the Sharing Economy

armstrongeconomics.com / by Martin Armstrong / Mar 23, 2017 In Canada, I was in a discussion with a socialist politician. I was shocked at the response to their view of the economy that everything you earned belonged to the state and they decided how much you were allowed to keep. This same attitude is displayed by the […]

“This Is Going To Blow Sky High” – Observations On Canada’s Housing Market

zerohedge.com / by Tyler Durden / Mar 20, 2017 6:54 PM For months we’ve been warning about real estate bubbles re-emerging in various markets around the world from Canada to Australia (see “There Are 66,719 Empty Mansions In Vancouver” and “Vancouver Home Sales Crash 40%, As Toronto Home Prices Soar 22%“).  And while facts and figures clearly indicate […]

New Zealand Expels US Spy With Broken Nose And Black Eye, After “Incident”

zerohedge.com / by Tyler Durden / Mar 20, 2017 1:14 PM It’s not just US-Russian relations that have devolved to the level of spontaneous diplomat expulsion. According to Reuters, New Zealand has expelled an attache at the U.S. Embassy after Washington refused to waive his right to diplomatic immunity in relation to a police investigation of a potentially […]

Yen, Peso Pop After Ross Targets NAFTA, Japan For Trade Deals

The yen and the peso jerked higher after President Trump’s commerce secretary Wilbur Ross commented that he expecte to start renegotiating NAFTA within two weeks and that Japan will be high on the list for trade agreements. As Bloomberg reports, discussions are under way with the Finance, Ways and Means committees and the expectation is […]

Mexico Threatens To End NAFTA Talks If Trump Proposes Tariffs

After months of tough talk from the Trump administration on NAFTA and border tariffs on goods imported from Mexico, among other issues, Mexico’s top trade negotiator, Economy Minister Ildefonso Guajardo, is now ratcheting up his own threats from south of the border.  Speaking to Bloomberg over the weekend, Guajardo said that Mexico will walk away […]

Mexico Prepares Plan To Ditch U.S. Grain Imports As NAFTA Showdown Looms

America’s Midwest farmers can’t seem to catch a break.  First, an epic collapse of grain prices over the last couple of years have threatened to wipe out family farmers (see “Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017“) and now, thanks to the pending NAFTA showdown threatened by President Trump, […]