CAD ($)
USD ($)
Dominating Dollar
The resounding story for the markets these last few weeks has been the unequivocal strength of the US dollar. The dollar closed higher Friday for the ninth straight week as it continues on its best run in 17 years.
Entries by Border Gold Corp.
Super Mario Shows His Hand
Mario Draghi and the European Central Bank (ECB) shocked financial markets this week when they yet again revealed they were prepared to further combat a stagnating European economy.
Predicting the Unpredictable
As the markets awoke at the beginning of the week to news of a US air strike on Iraq, one aspect of the risk off trade that had been ensuing became clearer. Those who had been selling equities from the week earlier were doing so because of events in Russia.
A Goldilocks Moment
Who would of figured that in a week when the US economy reported initial estimates of second quarter GDP growth of 4 per cent, that the Dow Jones Industrial Average would simultaneously erase its gains for the year.
Economic Patriotism or Free Market Pragmatism
The Obama administration is becoming quite critical of US corporations acquiring foreign firms in order to relocate their tax domicile to a country with a more favorable regime.
Memories of a Euro Crisis
Gold prices gained for the sixth week in a row putting up the metals’ best winning streak since August of 2011.
Sanguine Markets
A clear message from investors as we head into the July 4th Holiday weekend in the United States is that equity markets are poised to continue their march higher.
Another Bullish Signal for Gold
The Financial Times reported this week that central banks around the world are in the process of repositioning their portfolios as they pare back their exposure to US treasuries.
Sizing Up Gold’s Rally
Gold had its best single day performance since September of 2013 on Thursday of this week. It begs the question, what contributed or led to the 50-dollar rally?
Europe’s Deflation Fear
The story with the ECB was that all they had to do thus far was wave their metaphorical policy weapon without every firing a bullet.