Incredibly, some in the media want to repeat the second quarter’s 32.9% plunge in GDP. Democrats and their media allies have trapped themselves in a contradiction. They are deploring Thursday’s grim second-quarter GDP report even as they demand a repeat of the lockdown that caused the economic catastrophe. What do they […]
The prime minister said it was needed so students would have summer jobs. But students aren’t taking jobs that already exist By Gwyn Morgan Conflict of interest revelations surrounding the selection of WE Charity to administer the Canada Student Service Grant have dominated media coverage and led to investigations by parliamentary […]
(Kitco News) — A weaker U.S. dollar will continue to provide vital support for gold even as the market looks overbought and risks start to materialize, according to one research firm. In its weekly update, analysts at Metals Focus said that bearish momentum in the U.S. dollar has been a tailwind for […]
(Reuters) — Boeing Co (BA.N) slashed production of its biggest twin-engined jets, delayed its new 777X by up to a year and began sunsetting the iconic 747 as it posted a bigger-than-expected quarterly loss dominated by the COVID pandemic on Wednesday. The cuts mark the industry’s latest effort to tackle a crisis […]
Michael Gayed says he’s not trying to scare anyone, but you wouldn’t know it from his latest take. Back in May, the fund manager warned of the possibility of two crashes: first bonds, then stocks. With his ATAC Rotation Fund ATACX continuing to deliver the goods — it’s up almost 60% so […]
Parliamentary Budget Officer Yves Giroux had said that he had faith the projects existed, but that there needed to be more transparency around their existence. Infrastructure Minister Catherine McKenna was cited by the Parliamentary Budget Office yesterday for “missing details” on thousands of public work projects, which have likely caused […]
Gold’s unrelenting march higher shows no signs of slowing after a plunge in the dollar swept prices past the previous high set in 2011 and put the metal on track for even bigger gains. Bullion’s surge came as a gauge of the U.S. currency sank to the lowest in more […]
It is worth mentioning that at this stage of the WE scandal it might be useful to go in a negative direction. Thus, it could be said that perhaps it would be more efficient if we asked which key members of Prime Minister Justin Trudeau’s cabinet are not in any […]
Gold set a new record over the weekend as prices surpassed $1,920 an ounce, the previous all-time high set in 2011, but momentum may not stop until $4,000 an ounce is taken out, according to Frank Holmes, CEO of U.S. Global Investors, who based his prediction on the effects that […]
Gold broke through $1,900 on Friday morning and kept pushing upward, setting an all-time record during Asian trading hours on Monday. Gold was trading as high as $1,944 an ounce early Monday. The previous record price for gold came in the third quarter of 2011 at just over $1,920 an […]