Society becomes transfixed to believe that the minority has somehow become the norm in our way of life. Ultimately, the goal is to condition the majority to accept a reality that is contrary to one’s beliefs yet the individual sits back and wonders, is this really happening? Is this true, I don’t really agree with this but I have to accept it? The only truth one needs to concern themselves with is to trust their own instincts. Follow the teachings of what made you the person that you are today. It’s simple, stand for what you believe, even if you stand alone!  Trust me, you are not alone.

Nonetheless, my blood pressure has been erratic as anxiety reigns supreme. Volatility in markets has caused individuals to become paralyzed by fear. Many people approach me asking, Phil where do I put my money? Money is a necessity in our society but if you become dependent on money as your sole motivation by defining your existence, then your problems are deeper than you think. We can only control the world around us by the actions and decisions we make. Make wise choices!

Can you imagine the chaos if the rumours of a financial-economic collapse become a reality? People will lose their minds.  In Canada, after some draconian decisions by a Minority Government unfolded, a real dangerous precedent could have ignited a financial implosion. The act of freezing individual accounts created fear amongst the so-called fringe minority who ran to pull their money and investments out of the banks.

It was the Bankers, who vocalized their concern about the potential catastrophe. Major financial implications could have caused the system to crumble if the exodus of money continued unabated. Yet there was no mention in mainstream media, maybe that was a good thing.

Speaking of paying the price, the heightened hostilities in Eurasia has seen a massive media response of condemnation toward Russia as the aggressor. Many believe that this could all have been avoided if NATO, the military organization, would have simply backed away from their aggressive campaign to extend membership to Ukraine. It seems like the 1961/62  Bay of Pigs scenario when the threat of nuclear missiles was to be placed in Cuba by Russia. The American Constitution stipulates a policy of no existential threats in proximity to American soil.  Therefore would this not constitute the same reaction?   

The difference today is that Oil is the catalyst enriching the few and making all others pay the ransom. In my opinion, I feel that there is a global consorted effort brought on by a Pandemic intended to fuel inflation for the sole purpose of destroying the framework of economies.

Governments around the world have spent money without transparency or accountability. Inflation has been the fuel to increase the cost of living for food, travel, homeownership and every facet of our daily lives. People are spending more to get less. Even increases in wages are irrelevant. The many who received an increase in the minimum wage will be clamouring for more because no one is better off when inflation eats away your purchasing power. All we can do is wonder what is the true intent of these actions and if it is for the purpose of digital ID or a collapse of our existing financial system, then we should all be concerned. 

Consequently, Political drama is simply theatre. Slapping restrictions and economic sanctions will do very little to improve the lives of working-class people. In fact, people’s lives are becoming increasingly difficult.  Celebrities casually justify their willingness to spend more on gas and food, as their insignificant contribution, to find a solution but in the scheme of things who really benefits and who actually suffers?

After the announcement of economic sanctions, the Price of Oil tested the USD$127/barrel level, along with the heightened tensions because Russia called attention to nuclear arms preparedness. The USD Index surged above the 99.50 level. Today we see a huge reversal as the USD Index dips below the 98.0 level and the Price of Oil tested $101/barrel at the low. Volatility provides opportunities for those with their finger on the fear button causing the sheep to react so they can profit.  

One thing is relevant, USA Goods and Services Trade deficit rises to $89.7B expected (87.1B) in January. Whereas Canada Int’l Trade Surplus rises to $2.62B vs ($2B) expected in January. These factors reflect the continued reliance on foreign entities to become the breadbasket of America. While Oil continues to trade with extreme volatility the Canadian Dollar remains below the 0.78 cent level. On the other hand, Precious Metals considered a hedge against inflation saw Gold soar above the $2060/oz level and Silver tested the $27/oz level. Presently, Gold slips toward the $1980/oz range and Silver around the $26/oz level.