CAD ($)
USD ($)
Is a Golden Opportunity Finally Presenting Itself?
There is a bizarre dichotomy between financial markets and the economy.
Entries by Border Gold Corp.
Back to the Bond Market
Gold has not closed outside the range of 1,282 to 1,311 US per oz. since April 14, 2014. It has made the market action over the last six weeks decisively boring.
A Dose of Reality
2014 so far hasn’t really panned out as many had anticipated. While financial markets, particularly equities have seen increased volatility, the year of a strong greenback (US dollar) corresponding to a strong US economy is yet to develop.
Upbeat Economy, Beaten Down Markets
Equity markets on Friday provided no indication that the April jobs report exhibited the best growth in payrolls since January of 2012, or second best since the US escaped recession in mid-2009.
What Happened to the American Dream?
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.” – Winston Churchill
Four Years On
Greece’s return to the bond market was extremely well welcomed, but for the investment opportunity in an environment that will continue to see downward pressure in European interest rates.
What the Markets are telling us about the Economy
Friday’s US payroll numbers revealed a key milestone for the US labour market. Private employer payrolls surged to 116.09 million positions, a level not surpassed since January of 2008.
Yellen’s Task
The Federal Reserve used their policy announcement and the press conference following the announcement to alter their method of forward guidance.
“Putin is Playing Chess, Obama is Playing Marbles”
Financial markets are at the whim of how events will unfold in Ukraine. It is geopolitical tensions that are keeping the markets at bay.
Manipulation in the Markets
Bloomberg reported on a study this past week that points to decades of manipulation in the gold market. Whether there is credence to this study is something that is yet to be proven.