Monthly archive February, 2012
Discussion of Mental Health Issues Bring Ray of Sunshine
This week BCE kicked off their campaign supporting mental health discussion around the topic of depression and other mental health issues. The timing couldn’t be better because for me personally during these winter months I awake everyday as if it’s Groundhog Day without that vigour or spark. Even though I have nothing to worry about,...
Greek Debt Talks Front and Center as Commodities Trend Upward
Though markets seem tame, talks of Greece debt agreement continue as the politicians walk on pins and needles. Gold pushes higher as yellow metal appreciates $10.40USD/oz @ 1741.70 after slipping to 1728ish overnight; Silver also up $0.23 @ 33.93/USD/oz. Oil, on renewed optimism of fiscal problems being cast aside, thus clearing the way for global...
Canada and China Discuss Free Trade Options
Prime Minister Harper and a delegation of Canadian politicians travelled to China this week to set the stage for possible free trade talks. The likelihood is that these meetings are expected to proceed with, “exploratory discussions on deepening trade and economic relations.” There are seventeen specific government to government issues ranging from energy to human...
Bernanke Provides Opinion on State of Economy
Ben Bernanke testified on the state of the Nation. His concern was that the 8.3% unemployment rate understates the weakness in the U.S> labour market. He stated clearly that there are a lot of people who are either out of the labour force simply because they feel they can’t find any employment. Also a majority...
Gold Explodes After Fed Chairmans Comments
Gold higher as Bernanke testifies before Congress while the yellow metal explodes $23.60USD/oz @ 1746.40; Silver also up $0.51@ 34.26/USD/oz. Oil rises $1.58@$98.49USD/barrel. The Euro hit a recent high of 1.3521/USD, Range 1.2625-1.3521/USD within the last weeks. The C$ takes its’ cue from the Euro. Threats to an attack on Iran and debt crisis in...
Spanking Your Child a Touchy Subject
Yesterday evening while watching the nightly news I heard of the latest Canadian study that concludes spanking can be detrimental to the development of a child and more than likely cause problems later in life. Well if I apply this to my own experiences I would have to disagree 100%. Growing up in an Italian...
Reading Between the Lines of Employment #’s
On Friday US Employment numbers showed a drop in the unemployment rate from 8.5% to 8.3%. Though the results initially looked encouraging, the results may of not told the real story. In this election year, the government will throw everything it can to its’ re-election campaign. The numbers did not reflect the 1.2 million people...
Commodities Retract across the Board
Gold retracts after the better than expected employment #’s Friday. Once the skewed results are absorbed reality will set in. It is an election year and the games have begun. Look for the potential of $2000/USD in the near future. Gold slips $15.90USD/oz @ 1722.00; Silver down $0.12@ 33.63/USD/oz. Oil slips $0.48@ $97.36USD/barrel. The Euro...
The Thing About Luck
NFL Super Sunday did not disappoint as the game was determined in the last 2 minutes of the game with the N.Y. Giants defeating the New England Patriots by a 21-17 score taking Superbowl XLVI. The halftime show featured an ageless Madonna with her upbeat enthusiasm delivering on her promise to not disappoint. But disappointments...
Ground Hog Day- Does Life Seem Ho-Hum and Routine
February has arrived and so to has Ground Hog Day, the day we battered Canadians look forward to hear the news if winter will come to a quick end or we must endure the extra punishment. Fortunately for many Canadians, this year has been abnormal yet a blessing; as snow and horrible conditions have been...
Commodities Strong, except Oil
Gold forges ahead prior to employment numbers expected Friday. The Feds’ Bernake spoke earlier today discussing the deficit in the USA as the biggest concern and the European Crisis fallout as obstacles to improved results. Look for the potential of $2000/USD in the near future. Gold is up $12.60USD/oz @ 1759.70; Silver up $0.46@ 34.27USD/oz....
Canadian Mortgage Crisis? Does Our Government know something we don’t? Syrian Government Continues to Massacre their own.
The Federal Government of Canada has continuously mentioned and warned Canadians of the potential tsunami of personal debt load in this country. In comparison to other parts of the world, the Canadian real estate market has maintained and out performed many other parts of the world. As a result families that have been hit hard...
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