Sorry, Canadians, you will not be immune to price inflation either, thanks to the coronavirus and Prime Minister Justin Trudeau’s free-spending ways. According to Canada’s Food Price Report 2021 that was released on Tuesday, the average Canadian family will pay up to an additional $695 for food next year. Bread, meat, and vegetable prices are […]
Money
Is Silver (finally!) Set to “Cross the Rubicon”?
By: Dave Smith History is full of intriguing sayings coming down to us from other cultures that inform our thinking and behavior. “Managing a large state is like cooking a small fish.” – Lao Tzu. “A stitch in time saves nine.” – A 1700’s sewing reference. “Healing is a matter of time; sometimes a matter of opportunity.” – […]
Will the Federal Reserve, Treasury destroy the U.S. dollar in 2021?
By: Andrew Moran In the world of economics, one of the primary headline makers in 2020 was the Federal Reserve System. The U.S. central bank embarked upon an unprecedented monetary policy, unleashing unlimited quantitative easing, slashing interest rates to historic lows, and bailing out Corporate America (again). With a balance sheet adding trillions of dollars, critics fear there is a […]
You can now trade water on the CME like other commodities
Are you to ready buy a June contract for water? For the first time in the United States, water will be joining gold, crude oil, and other commodities on Wall Street. Beginning this week, hedge funds and armchair investors are can bet on or hedge against water scarcity on the Chicago Mercantile Exchange (CME). Futures […]
REPORT: Joe Biden would not immediately remove tariffs on China
Everything President Donald Trump did, except bombing other nations, was opposed by the left. Does this mean that leftists will oppose any policy that is emulated by Joe Biden? Logically speaking, yes. So, here is something: New York Times columnist Thomas Friedman reported that President-Elect Joe Biden stated that he would not immediately remove tariffs […]