Author Archive
Canadian Telecoms Fear Monger to Maintain Control
A few weeks ago many in the Telecom Industry came to rally in Toronto denouncing the entrance of Verizon a Foreign Telecom giant into the Canadian Market. Unions rallying with the support of the Big (3) Rogers, Bell and Telus were claiming that many jobs would be lost and their pensions would be in jeopardy.Then...
Markets Await President Obama Speech
With a potential resolution to avert military action by the Americans the value of commodities have pulled back prior to President Obama speech this evening. As Oil, Gold and Silver advanced on the possibility of War, the Russians have proposed that the Syrian Assad Government hand over all their biological weapons and give President Obama...
President Obama in a Difficult Position on Syria
“Words”, oh how they can come back and bite you. In the case of President Obama his proclamation of drawing a line in the sand in regards to the use of chemical weapons on civilians, put him on the path to act decisively. Assuming it was the Syrian Government that supposedly used these weapons on...
Gold Melting At the Start of Summer
Down approximately $300/oz within the last few months, from USD$1501 we saw a little reprieve in the gold price after breeching the USD$1200 mark. It looked like a total freefall as many looked at the past performance and locked their money into funds hoping for better returns. Unfortunately, manipulation in the paper market has been...
Continued Stimulus Drives Markets Higher; Retail Sales Disappoint; American Justice?
An unprecedented three rounds of central bank stimulus have helped drive the S&P 500 up 149 percent from a 12-year low in 2009. The index slumped as much as 5.8 percent after Bernanke signalled on May 22 that the Fed could start scaling back bond purchases as soon as September. Stocks have since recovered all...
A Sad Example of Leadership
I thought Dalton McGinty quit yet he was back in the spotlight a few weeks ago to take part in an inquiry investigating the $585-million gas plants scandal in Ontario, Canada. Having become a smooth politician in his career, he simply dismissed the government committee, deflecting all criticism and shifting the conversation. This Teflon Don...
Giuseppe Valentino Magnoli Journey to Canada
Giuseppe Valentino Magnoli Journey to Canada- An Interpretation of his personal experiences through his eyes, mind and soul. Guiseppe Valentino Magnoli was born on March 14, 1938 in San Giorgio Morgeto, Reggio, Calabria, Italy. Giuseppe was born the son of Filippo Magnoli and Francesca Varone Magnoli. They had four children Girolimo, the eldest, then...
Do You Know Where Jimmy Hoffa Is?
Do you know where the remains of Jimmy Hoffa are? If so the FBI wants to talk to you. Presently they are digging a field in suburban Detroit. This reminds me of the mobster Vinny who went to prison to serve a life sentence for murder. One day his elderly father wrote, “son, it has...
Commodities Loose Their Luster
Though the year isn’t over nor have the financial issues disappeared there were high expectations for 2013 for the commodities to simply explode to new highs. The physical market may be booming but it is the paper market and derivatives which seem to be severely manipulated. Gold recoups $6.70 @ $1,3713.30 while Silver inches up...
Belated Fathers’ Day-Who’s Your Daddy?
21 Candles to help light your way-a father’s advice to his sons by Pat Ruggles 1. Think! 2. Don’t feel superior to anyone or anything. 3. Don’t feel inferior to anyone or anything. 4.Seek your passion and then pursue it fully and expect to succeed-Ask yourself “Why not me?” 5. Begin – The old proverb...
Annuziata (Tina) Carere Magnoli
Annuziata (Tina) Carere Magnoli 05/31/2013 Tina born on April 26, 1943 was the youngest of 10 children of Vincenzo Carere and Maria Vittoria Giovanazzo in San Giorgio Morgeto, Reggio Calabria, Italy. Her Father Vincenzo first came to Canada in the early 1900’s with his first wife, Stella Tedesco and had three children in Guelph...
When Life is Upside Down The Ideas Flow
In early March our family had a house fire, no one was injured but we have been temporarily displaced, settling for a two bedroom condo in the Yonge and Eglinton area. Instantly my testosterone levels were heightened and my blood pressure has gone parabolic, pretending to be young and eligible, some people asked, “where did...
I think I love you!