Author Archive
Is Education Being Taken For Granted By Our Children?
Over the weekend I had the pleasure to listen to a friend of mine discuss how he almost lost it with his children? I simply asked myself does God deliberately try and test our patience for having children. In my mind I could only think small kids, small problems, big kids, I don’t want to...
Is There Ever Enough Time To Do The Things You Want To Do?
To much to do not enough time to do everything has been the story of my life but for the month of April it has been heightened for whatever reason. I was expected to go on a mini vacation with some cousins as we planned the getaway in late December. The tickets and resort were...
US Jobless Claims Disappoint; The Fed Leaves Rates Unchanged; European Confidence Declines: Bank of Canada Warns of Household Debt Once Again
More Americans than expected filed for unemployment benefits. A sign the labour market is struggling to improve. Market expected 375,000, actual 388,000. Fed Chairman, Ben Bernanke, mentioned further easing would not be likely, yet if necessary the Fed will be ready to inject more liquidity if needed. Coupled with strong corporate earnings from Apple, the...
April Showers Bring Many Surprises
April showers bring May, Tsunamis, Tornadoes, Hurricanes and whatever Mother Nature wants to unleash on humanity. The weather in the first days of spring has been exceptional in Toronto. There was a week where we saw record temperatures hit 30 degrees Celsius or 90 degrees Fahrenheit. A Cold Front from the Artic was forced southward...
Gold Bounce From Key Technical Levels
With US employment numbers disappointing on Friday April 6th, a weekly close below USD$1626.90 could have sent Gold toward $1400 or less. Today though Gold rebounded, it is down $2.40 @ 1658.30; Silver slips $0.20 @ 31.48/USD/oz. With tensions in North Korea heating up, the price of Oil explodes $1.82 @ 102.84/barrel. High energy prices...
Presidential Race Begins; Canadian Housing Starts Climb; Greeks to go to the Poles;
The race for the Whitehouse begins; Democrat Barrack Obama vs. Republican Mitt Romney. It will be a long drawn out campaign in which the Presidency becomes a race of personalities rather than policies. It seems whoever wins enjoys the lifestyle more than the responsibilities. Talk is cheap unless it is backed by action. Millions of...
Dreams Are Meaningful If You Can Read Them
I am not sure if it was the announcement of the Ontario Government budget or something within my subconscious mind that woke me out of my sleep. In my opinion, you can’t trust a politician as far as you can throw one. The reason I never pursued becoming one was because I once watched the...
Commodities Pullback
Gold pulls back after surging to USD$1695 from $1627.90. A weekly close below USD$1626.90 could send the yellow metal toward $1000 very quickly making investors cringe and soil themselves. Gold is down $8.80 to open @ 1649.10; Silver slips $0.12 @ 31.71/USD/oz. Energy is a reality as it is the driving force of industry and...
Federal Budget Announced Today; Canadians Fear an Interest Rate Rise; USA Jobless Claims and Consumer Confidence Improve
Today the Federal Government announces its’ budget. Canadians will see approximately $8 Billion in spending reduced; Old Age Security moving mandatory retirement from 65 to 67 years of age. Anyone 55 years and younger will need to give more blood, sweat and tears. Research and Development; Defence-no more Afghanistan; Foreign Affairs; Public Service; Aboriginal Funding;...
A Travesty of Justice Can Turn a Wrong into a Right
America the beautiful was tarnished once again last week when a teenager Trayvon Martin walking home from a corner store with Skittles in his hand and wearing a hoodie, was shot dead after pleading for his life. George Zimmerman a neighbourhood watchman, who on many previous occasions, called police regularly, as if he actually believed...
Commodites Surge to Begin the Week
Gold surges once again after being under pressure within the last few weeks as the one week and daily chart for gold show that a breach of $1627 and $1645, respectively, could send the yellow metal toward $1000 very quickly making investors cringe and soil themselves. Gold is up $21.10 today @ 1683.50; Silver also...
Federal Reserve needs Consumers to Rise; Nuclear Summit in South Korea Canadian Sex-Trade Laws Deemed Unconstitutional
Ben Bernake the Federal Reserve Board Chairman says despite three months of strong hiring and pro-stimulus policies, further job gains will require robust consumer and business demand. Similar problems are plaguing economies all over the world. How can people spend if they have no jobs or little money put aside for nondiscretionary spending? Recently in...
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