From September issue of EWI Financial Forecast.
Friday, 31 August 2012
Thursday, 30 August 2012
Thursday 30Aug2012 - My 5 Cents Worth!
It's tough finding a reputable stockbroker or investment advisor that really has your investment goals ahead of his/her goals of making money for themselves.
Watch the following clip of an ex-stockbroker.
http://finance.yahoo.com/blogs/daily-ticker/ex-stock-broker-realized-most-did-bad-clients-134422604.html
It's tough finding a reputable stockbroker or investment advisor that really has your investment goals ahead of his/her goals of making money for themselves.
Watch the following clip of an ex-stockbroker.
http://finance.yahoo.com/blogs/daily-ticker/ex-stock-broker-realized-most-did-bad-clients-134422604.html
Wednesday, 29 August 2012
Wednesday 29Aug2012 - America on the Brink!
A one-half hour presentation from Weiss Research discussing The Great Fiscal Cliff of 2012-13.
This link will go offline 02September.
http://finance.weissinc.com/reports/event/gfc/gfc131-event.php?ccode=0829125250144FISCALFPS&sc=FPNA&ec=5250144
Hopefully the US Congress can get its act together before 01Jan2013.
A one-half hour presentation from Weiss Research discussing The Great Fiscal Cliff of 2012-13.
This link will go offline 02September.
http://finance.weissinc.com/reports/event/gfc/gfc131-event.php?ccode=0829125250144FISCALFPS&sc=FPNA&ec=5250144
Hopefully the US Congress can get its act together before 01Jan2013.
Sunday, 26 August 2012
Sunday - 26Aug2012 - The Looming US of A Fiscal Cliff Crisis!
On January 1, 2013 — just 127 days from today — more than $1.6 trillion will be sucked out of the U.S. economy. Some of the largest tax hikes in history PLUS the largest spending cuts Washington has ever seen will take effect on New Years’ Day.
The US of A will stand at the brink of a fiscal cliff so huge that it threatens to crush our economy ... leave the stock market a smoking ruin ... cause our already-high unemployment rate to explode higher ... and drive millions of Americans into poverty.
This is not merely my prediction.
The International Monetary Fund, the U.S. Congressional Budget Office, the Federal Reserve, the U.S. Department of Defense, JPMorgan Chase, Bank of America, and Goldman Sachs ...
Plus armies of U.S. senators and congresspeople in both major parties ... and many leading economists all UNANIMOUSLY agree that this crisis could destroy what’s left of the economic “recovery” and even plunge America into a Great Depression.
So far, the hopelessly deadlocked US of A Congress has failed to develop a plan to avert this crisis. They haven’t even started.
But even if they are able to delay some of the spending cuts and tax hikes, there’s a third shoe to fall they cannot avert:
Nearly $1 TRILLION per year in fiscal and monetary stimulus — money that has kept the economy from collapsing since 2009 — will END.
Well! What do You Think!
On January 1, 2013 — just 127 days from today — more than $1.6 trillion will be sucked out of the U.S. economy. Some of the largest tax hikes in history PLUS the largest spending cuts Washington has ever seen will take effect on New Years’ Day.
The US of A will stand at the brink of a fiscal cliff so huge that it threatens to crush our economy ... leave the stock market a smoking ruin ... cause our already-high unemployment rate to explode higher ... and drive millions of Americans into poverty.
This is not merely my prediction.
The International Monetary Fund, the U.S. Congressional Budget Office, the Federal Reserve, the U.S. Department of Defense, JPMorgan Chase, Bank of America, and Goldman Sachs ...
Plus armies of U.S. senators and congresspeople in both major parties ... and many leading economists all UNANIMOUSLY agree that this crisis could destroy what’s left of the economic “recovery” and even plunge America into a Great Depression.
So far, the hopelessly deadlocked US of A Congress has failed to develop a plan to avert this crisis. They haven’t even started.
But even if they are able to delay some of the spending cuts and tax hikes, there’s a third shoe to fall they cannot avert:
Nearly $1 TRILLION per year in fiscal and monetary stimulus — money that has kept the economy from collapsing since 2009 — will END.
Well! What do You Think!
Friday, 24 August 2012
Wednesday, 22 August 2012
Tuesday, 21 August 2012
Tuesday - 21Aug2012 - Chart of the Day!
From Venable Park Investment.
"The Loonie has lifted again with the Euro/equity risk trade over the past 2 months. We saw similar short-lived moves with market peaks in both April and last August. A resumption of Euro troubles and disappointing economic data in September is likely to test the conviction of Loonie longs encore."
From Venable Park Investment.
"The Loonie has lifted again with the Euro/equity risk trade over the past 2 months. We saw similar short-lived moves with market peaks in both April and last August. A resumption of Euro troubles and disappointing economic data in September is likely to test the conviction of Loonie longs encore."
Monday, 20 August 2012
Monday - 20Aug2012 - The US Debt Crisis!
From Weiss Research.
There’s no way a monster this big can be covered up or buried in a presidential election campaign.
In fact, it’s already pervading virtually every debate.
Every time they talk about Medicare reform, they’re really talking about the deficit.
Every time they mention Social Security, personal tax returns or extended unemployment benefits, it all ties back to the deficit.
Second, it’s not just a one-year deficit. The deficit has been a record $1 trillion or more for THREE consecutive years, with no end in sight.
Third, the U.S. deficit monster is gigantic DESPITE some improvements in the economy since 2009. If the economy sinks back into deep recession, tax revenues will shrink and the deficit could DOUBLE in size.
Each year that Washington runs a deficit, it must borrow more money to finance the gap.
So with each year of red ink, the government’s pile of debts gets bigger and bigger.
Until now, the official tally of U.S. government debts was at least SMALLER than the size of the U.S. economy. Good.
But this year, U.S. government debt is growing LARGER than the entire U.S. economy.
This is a critical threshold for any country — and we are in the process of crossing it right now!
The sorry facts are very straightforward:
From Weiss Research.
There’s no way a monster this big can be covered up or buried in a presidential election campaign.
In fact, it’s already pervading virtually every debate.
Every time they talk about Medicare reform, they’re really talking about the deficit.
Every time they mention Social Security, personal tax returns or extended unemployment benefits, it all ties back to the deficit.
Second, it’s not just a one-year deficit. The deficit has been a record $1 trillion or more for THREE consecutive years, with no end in sight.
Third, the U.S. deficit monster is gigantic DESPITE some improvements in the economy since 2009. If the economy sinks back into deep recession, tax revenues will shrink and the deficit could DOUBLE in size.
Each year that Washington runs a deficit, it must borrow more money to finance the gap.
So with each year of red ink, the government’s pile of debts gets bigger and bigger.
Until now, the official tally of U.S. government debts was at least SMALLER than the size of the U.S. economy. Good.
But this year, U.S. government debt is growing LARGER than the entire U.S. economy.
This is a critical threshold for any country — and we are in the process of crossing it right now!
The sorry facts are very straightforward:
- The U.S. economy is expected to clock in at around $15.6 trillion in GDP. Meanwhile …
- The government’s debt load (excluding Medicare, Social Security, etc.) is going to be $16.3 trillion.
- If Washington lets government spending continue to grow, the deficit naturally gets bigger. But …
- Even if Washington cuts spending, it can’t solve the problem any time soon! Just as in Spain and Greece, the cuts merely help sink the economy, producing much larger deficits anyhow.
Monday - 20Aug2012 - Nothing Has Changed!
No criminal charges have ever been laid against Lehman Bros or its executives. And the US Congress and SEC regulators have remained committed to supporting Financial Firms and their leaders, rather than the rule of law.
Link to CBS 60 Minutes segment re The Case Against Lehman Brothers.
http://www.cbsnews.com/video/watch/?id=7418634n&tag=contentBody;storyMediaBox
No criminal charges have ever been laid against Lehman Bros or its executives. And the US Congress and SEC regulators have remained committed to supporting Financial Firms and their leaders, rather than the rule of law.
Link to CBS 60 Minutes segment re The Case Against Lehman Brothers.
http://www.cbsnews.com/video/watch/?id=7418634n&tag=contentBody;storyMediaBox
Sunday, 19 August 2012
Sunday 19Aug2012 - Chart of the Day!
From Danielle Park's Juggling Dynamite Web Site.
"As the chart below shows, the Federal Reserve has never initiated more accommodation when the TIPS inflation breakeven rate was above 2.0%. This level is important because the Federal Reserve adopted 2.0% as an inflation target last January.
When expected inflation is above 2.0%, it does not mean the FOMC has to tighten. But it can mean there is too much inflation to add more accommodation. Of course the Federal Reserve can decide to ignore this target, but since they adopted it less than a year ago, they risk their own credibility in doing so.
This might be the big stumbling block to QE3.”
TIPS = Treasury Inflation Protected Securities
From Danielle Park's Juggling Dynamite Web Site.
"As the chart below shows, the Federal Reserve has never initiated more accommodation when the TIPS inflation breakeven rate was above 2.0%. This level is important because the Federal Reserve adopted 2.0% as an inflation target last January.
When expected inflation is above 2.0%, it does not mean the FOMC has to tighten. But it can mean there is too much inflation to add more accommodation. Of course the Federal Reserve can decide to ignore this target, but since they adopted it less than a year ago, they risk their own credibility in doing so.
This might be the big stumbling block to QE3.”
TIPS = Treasury Inflation Protected Securities
Tuesday, 14 August 2012
Monday, 13 August 2012
Monday - 13Aug2012 - Where's the GOLD in the Golden Years?
OK. The London Olympic Games and Party are Over. WOW. They provided a Great Interlude.
Now, it is back to Business.
First, you might ask; "What do you do now that you are retired?"
It's a fairly boring routine for most people including me. Robbie has a different schedule.
After the usual bathroom prequisites, it's first wade through 20-50 emails.
Including many Stock Market updates re Asia/Japan/Europe/USA/Canada.
Then breakfast of 1 slice of Silver Hills sprouted bread (peanut butter and banana) with tea.
Then pereuse/read(only what catches my attention) the Globe and Mail from cover to cover.
Walk Time. A 1 hour brisk walk from home through QE Park, Main Street and home. 6KM.
Lunch: Dagwood, Please Help. This week I'm on a Hotdog and Potato Salad kick.
After Lunch: Leisure reading on the Back Deck for a couple of hours.
Business Time: Continue research and documentation of ETF's specializing in Dividend paying companies, preferred share ETF's, Corporate Bond ETF's and Government Bond ETF's.
Stopped for dinner including preparation time of baked chichen for dinner.
After dinner reviewed and made notes for specific sector ETF's for REITs and Utilities.
It is now 10PM and I will watch any new recorded PVR programs, before bedtime.
And almost forgot the "Where's the Gold" Part.
Read this clip from Peter Grandich from his daily newsletter.
http://www.trinityfsem.com/docs/2011.03_communityMagColtsNeck.pdf
That's all Folks!
OK. The London Olympic Games and Party are Over. WOW. They provided a Great Interlude.
Now, it is back to Business.
First, you might ask; "What do you do now that you are retired?"
It's a fairly boring routine for most people including me. Robbie has a different schedule.
After the usual bathroom prequisites, it's first wade through 20-50 emails.
Including many Stock Market updates re Asia/Japan/Europe/USA/Canada.
Then breakfast of 1 slice of Silver Hills sprouted bread (peanut butter and banana) with tea.
Then pereuse/read(only what catches my attention) the Globe and Mail from cover to cover.
Walk Time. A 1 hour brisk walk from home through QE Park, Main Street and home. 6KM.
Lunch: Dagwood, Please Help. This week I'm on a Hotdog and Potato Salad kick.
After Lunch: Leisure reading on the Back Deck for a couple of hours.
Business Time: Continue research and documentation of ETF's specializing in Dividend paying companies, preferred share ETF's, Corporate Bond ETF's and Government Bond ETF's.
Stopped for dinner including preparation time of baked chichen for dinner.
After dinner reviewed and made notes for specific sector ETF's for REITs and Utilities.
It is now 10PM and I will watch any new recorded PVR programs, before bedtime.
And almost forgot the "Where's the Gold" Part.
Read this clip from Peter Grandich from his daily newsletter.
http://www.trinityfsem.com/docs/2011.03_communityMagColtsNeck.pdf
That's all Folks!
Sunday 12Aug2012 - GO GO Great Britain! Yes, You Did It! You Have Made Us Proud!
What a fantastic and successful 2012 Summer Olympic Games Event and Show, Great Britain has now completed. Over the past 2 weeks there have been many, many oustanding athletic accomplishments.
However today's comments relate to the Olympics 2012 Closing Ceremony.
WOW, it Rocked. I just sit and watch,enjoy and marvel at the planning and timely exceution of tens and tens of thousands of minute planing details that had to be performed live in this gigantic Olympic Statium with 80 thousand spectaculars.
With all the many British performers current and past, it was special to watch Annie Lennox. I have loved her music for many years and especially during her 1980's years as the Eurythmics, and especially at her Expo 1986 concert. She is a Scottish singer-songwriter now age 56 from Aberdeen, Scotland. The Davidson family origins date back to at least the late 1700's in Aberdeenshire; so we have a special appreciation of this bonnie lass from Scotland. And true to character, Annie is very strong minded and opinioned, just like my family. She has won many awards including Academy and Grammy's.
Out of Costume.
What a fantastic and successful 2012 Summer Olympic Games Event and Show, Great Britain has now completed. Over the past 2 weeks there have been many, many oustanding athletic accomplishments.
However today's comments relate to the Olympics 2012 Closing Ceremony.
WOW, it Rocked. I just sit and watch,enjoy and marvel at the planning and timely exceution of tens and tens of thousands of minute planing details that had to be performed live in this gigantic Olympic Statium with 80 thousand spectaculars.
With all the many British performers current and past, it was special to watch Annie Lennox. I have loved her music for many years and especially during her 1980's years as the Eurythmics, and especially at her Expo 1986 concert. She is a Scottish singer-songwriter now age 56 from Aberdeen, Scotland. The Davidson family origins date back to at least the late 1700's in Aberdeenshire; so we have a special appreciation of this bonnie lass from Scotland. And true to character, Annie is very strong minded and opinioned, just like my family. She has won many awards including Academy and Grammy's.
Out of Costume.
Thursday, 9 August 2012
Wednesday, 8 August 2012
Wednesday 08Aug2012 - Chart of the Day!
There is a major shift taking place in the gold and silver markets.
Investors big and small are concerned about the trillions of dollars being created out of thin air by the central banks. Over the past few years there has been a major shift from paper gold purchases such as the gold ETF GLD and the sillver ETF SLV, and into purchases of the physical metal. There is clearly a new investor trend underway that bodes well for ongoing prices increases in both silver and gold.
The following chart for gold is from the August 2012 Big Gold Report by Casey Research.
There is a major shift taking place in the gold and silver markets.
Investors big and small are concerned about the trillions of dollars being created out of thin air by the central banks. Over the past few years there has been a major shift from paper gold purchases such as the gold ETF GLD and the sillver ETF SLV, and into purchases of the physical metal. There is clearly a new investor trend underway that bodes well for ongoing prices increases in both silver and gold.
The following chart for gold is from the August 2012 Big Gold Report by Casey Research.
Monday, 6 August 2012
Sunday, 5 August 2012
Sunday 05Aug2012 - Stanley Park Seawall Walk!
A beautiful morning to walk the Stanley Park seawall. The tide was out and the cool breeze carried the tidal flats bouquet of invigorating ocean smells. We short cut the walk via the aquarium and Lumberman's Arch to make the walking distance about 8Km or 5 miles.
A beautiful morning to walk the Stanley Park seawall. The tide was out and the cool breeze carried the tidal flats bouquet of invigorating ocean smells. We short cut the walk via the aquarium and Lumberman's Arch to make the walking distance about 8Km or 5 miles.
Saturday, 4 August 2012
Saturday 04Aug2012 - Best of the Now! - London Summer Olympics - Michael Phelps
There are times when we watch/witness extradordinary individual achievments but don't recognize them at the time as records that will stand for decades to come. Michael Phelps is now at the top of the scale in the swimming event catorgory. Now one understands his huge desire to win and appreciates his rigouous 365 day nonstop training schedule for 4-5 years leading upto the Bejing Olympics.
From the NY Times.
Phelps transformed swimming, inspiring a generation at home and abroad, by building an audacious program out of grit, guts and a burning desire to make swimming cool for children all over the world.
There are times when we watch/witness extradordinary individual achievments but don't recognize them at the time as records that will stand for decades to come. Michael Phelps is now at the top of the scale in the swimming event catorgory. Now one understands his huge desire to win and appreciates his rigouous 365 day nonstop training schedule for 4-5 years leading upto the Bejing Olympics.
From the NY Times.
LONDON — One by one, his rivals formed a handshake line behind the blocks at London Aquatics Centre and paid homage to Michael Phelps, the lord of the Olympic rings. In his racing finale on Saturday night, as a member of the United States men’s 4x100-meter medley relay, Phelps collected his 22nd medal, and 18th gold.
Phelps transformed swimming, inspiring a generation at home and abroad, by building an audacious program out of grit, guts and a burning desire to make swimming cool for children all over the world.
“I wanted to change the sport and take it to another level,” Phelps said.
Mission accomplished.
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