Silver as an investment

Category Archives: Vancouver

SHTFplan: Truck Owner’s Vehicle Set On FIRE Because Of Pro-Trump Stickers

Prepare yourself. Buy physical silver and storable food. A truck owner who stopped for a drink in Vancouver, Washington says that his truck was set on fire because he put some pro-Trump stickers on it. “If you say anything that someone doesn’t like, you are ultimately a target,” Johnny MacKay told KOIN-TV of Portland, Oregon. After having a […]

Either Negotiate, or We’ll Take Military Action! – U.S. Secretary of State Uses Extortion on North Korea

There was a 20-nation security meeting in Vancouver on Tuesday, 1/15/18, and the nations in attendance agreed to impose stronger sanctions against North Korea in a bid to stop their nuclear weapons buildup and tests. China and Russia did not attend, and stated the meeting was evidence of another Cold War forming. The most alarming […]

Japan’s Warning: North Korea Is ‘Playing For Time’ As Talks With South Korea Proceed

The Japanese are warning the world that Pyongyang may be using the newest talks with South Korea to buy time to pursue its weapons program. United States Secretary of State Rex Tillerson also warned of complacency at a Tuesday summit in Vancouver, Canada. South Korea pressed ahead with talks to include its northern neighbor in next month’s […]

The Biggest Real Estate Bubble Of All Time Just Did The Impossible

One month ago, we said that “the Vancouver housing bubble Is back, and it’s (almost) bigger than ever.” Fast forward to today, when we can scrap the almost part: according to the latest data from the Real Estate Board of Greater Vancouver, nearly a year after British Columbia implemented a 15% property tax targeting foreign […]

New Study Issues ‘Code Red’ on Canadian Housing Affordability

financialsense.com / DANIELLE PARK / 05/10/2017 Shelter prices are so over-valued relative to income levels today, that saving just a 10% downpayment now takes 12 years on average, compared with just 5 years to save a 20% deposit twenty years ago. In many cases, people are trying to circumvent the waiting and saving period by borrowing even the […]

The Vancouver Housing Bubble Is Back, And It’s (Almost) Bigger Than Ever

For a while it seemed that the Vancouver housing bubble, the direct result of a relentless tidal wave of Chinese “hot money”, had burst after last August the British Columbia province implemented a 15% property tax to stem the inflow of offshore funds. And indeed, in the immediate months that followed, Vancouver’s housing priced tumbled […]

China’s tighter overseas currency use impacts Canadian real estate landscape

The heavy exodus of the Chinese renminbi from mainland China put pressure on the country’s economy. In an effort to stymie the outflow, the Peoples Bank of China (PBOC) enacted new rules that are meant to help it exert more control over its currency…and that could spell trouble for the Canadian real estate market! A […]

Bank Of Canada Lays Out In YouTube Clip How The Economy Could Tank

zerohedge.com / by Tyler Durden / Dec 25, 2016 3:44 PM As MacLean’s Jason Kirby points out, the Bank has taken to YouTube to warn Canadians about the dangers of too much debt and unrealistic house price expectations. He wonders, however, whether anyone will listen as one after another real estate bubble form in Canada, a nation whose […]

Chinese Driven Vancouver Housing Bubble Moves To Seattle – “This Is Vancouver 2.0”

Back in August we noted that the Vancouver housing market was doomed after the implementation of a 15% property tax on foreign buyers targeting the massive influx of Chinese money driving real estate prices to astronomical levels.  Sure enough, within a matter of weeks home prices had plunged and so had the volume of residential […]

“Disorderly” Correction of House Price Bubble in Canada Threatens “Financial Stability”: OECD

wolfstreet.com / by Wolf Richter / November 28, 2016  What happens “if the boom ends with a bang.” In its economic outlook released today, the Organisation for Economic Cooperation and Development (OECD) is generally gung-ho about the Canadian economy, and practically bubbling over with new enthusiasm for the global economy. It now expects global growth to accelerate from […]