At one of his campaign rallies Donald Trump asked: “Are you better off now than four years ago?” The thunderous “no!” from his audience implying that life under the former president would become more affordable than under Biden.
US stocks ripped higher on Monday, with all three indexes closing at new records. Yahoo Finance said the S&P 500 marked its best year-to-date performance at the end of September since 1997 and its best fourth quarter since Q4 of 2021.
The Federal Reserve’s decision to cut interest rates by 50 basis points boosted US stocks and has some observers wondering whether we are gliding towards an “everything rally”.
In 2017 Germany brought home nearly $31 billion of gold bars that had been stored in New York and Paris after World War II. The Financial Times gives a good account of how Germany amassed, lost and then got its gold back.
The United States Federal Reserve surprised markets Wednesday by cutting the benchmark interest rate by half a percentage point instead of the 0.25% reduction many were expecting.
A junior resource company’s place in the food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over. Discoveries won’t be made if juniors don’t have boots on the...
Developed-world governments continue to spend beyond their means, borrowing and printing money to pay for their exorbitant expenditures. None of it has any consequences, other than inflation, due to fiat currencies. It doesn’t matter how...
A junior resource company’s place in the food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over. Discoveries won’t be made if juniors don’t have boots on the...
In a typical healthy market, the yield curve (typically the spread between the US 10-year Treasury note and the 3-month or the 2-year note) shows lower returns on short-term investments and higher yields on long-term investments. This...
A “commodity supercycle” is a period of consistent price increases lasting more than five years, and in some cases, decades. The Bank of Canada defines it as an “extended period during which commodity prices are well above or below their...