Category Archives: Main Page

Oil catching down to global demand

West Texas Crude is today flirting with $80 a barrel, down 10% year to date, 24% since the QE-rebound into 2011 and 45% since the bubble mania of 2008.  Oil cos are taking a much deserved drubbing in the process … Continue reading →

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Venture exchange signalling next global recession?

The resource-based Canadian Venture Index is today down another 2%.  Around 807, the index has taken out its previous 2013 low with no support now left between present levels and the 639 and 678 recession lows reached in 2001 and … Continue reading →

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Correcting from the consumer credit/commodities bubble

Today the Canadian dollar continues to tumble, now down 16% from its QE-driven rebound peak in July 2011. At the same time, the Canadian stock market has officially delivered its first 10% ‘correction’ in 3 years. Foreigners who flooded into … Continue reading →

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