Daily Archives: November 6, 2014

Mark Twain famously quipped that a miner was a liar standing beside a hole in the ground. In practice this has not been so far from truth. A good many producers were over-promising margins the past few years by under-reporting … Continue reading →

Today the Canadian dollar index (CDW) has broken to a low last seen in November of 2008 when the great financial crisis was humbling bankers and halving global asset prices. This time around, stock markets have barely begun to decline … Continue reading →

So taxpayers bail them out so that they can continue illicit schemes to defraud those same taxpayers. Then the banks negotiate fines when caught and continue their highly profitable racket. Is it any wonder that finance has the biggest buildings, … Continue reading →