1 CAD = 0.802969 USD(6:00 am, October 19,2017)

BNN has stopped providing interest rate numbers, and in the past 3 days the Loonie value in US dollars. To a non- finance person, interest rate and Canada/US dollar amounts are the most important barometers of our Western economies. Gold and oil prices are still given: The fluctuating value of gold usually indicates interest rate … More 1 CAD = 0.802969 USD(6:00 am, October 19,2017)

Gold, Bread and The Bible

With journalists attention to Mr. Trump’s favourite Bible passage in mind and the gold price stagnating as bond yields keep falling even after the first federal funds rate rise in some years, a Bible passage from Genesis 47,15 about the devaluation of money comes to mind. And when money failed in the land of Egypt, … More Gold, Bread and The Bible

One More QE Maybe?

November 7, 2014 Today was one more eventful day in the investment world; after several days of bond yields tip toeing higher after falling back to QE levels just about when the U.S. Federal reserve announced an end to its QE,  buying its own U.S. government bonds; then rumours of  a possible Europe QE program with Japan leading the way … More One More QE Maybe?