Category: Featured Content
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Now is your chance to get a better entry than Samsung on Canada Nickel (CNC.V)
Samsung. Everybody knows that Company. The South Korean giant is often thought of as a competitor against Apple for smart phones in the West. But they are far more than smart phones. This multinational conglomerate comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol (business…
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Bank of Japan raises interest rates for the first time in 17 years
By gawd they did it. They actually did it. The Bank of Japan (BOJ) has finally raised interest rates for the first time in 17 years. Ending the world’s only negative rates regime. Truly a historic pivot. The BOJ raised its short-term interest rates to around 0% to 0.1% from -0.1%. The BOJ also announced…
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Explaining biotech: Bionxt Solutions (BNXT.C) advances MS product through animal study
Bionxt Solutions Inc. (BNXT.C) has finished a study on a new type of medicine strip that dissolves in your mouth. This strip is designed to treat multiple sclerosis (MS), a condition that affects the brain and nerves. The study looked at how well and how quickly the body absorbs the medicine from this strip compared…
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US inflation ticks upwards in February raising doubts on rate cuts
US inflation ticked up in February 2024 driven by higher rent and gas prices. The current market narrative is that, “stock markets are rising because investors are betting that interest rates are heading lower”. In fact, this is being used to explain the rise in gold, and somewhat bitcoin as well. The consumer price index…
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Gold hits record highs. Do not FOMO!
Gold prices against fiat currencies are printing new all time record highs. The only pairing which has not yet printed record highs is gold against the Swiss Franc, but it is almost in new record high territory. In this article, I will provide a technical game plan to play gold. But first off, let’s talk…
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Top 5 gainers and losers: BG.CN, BLOX.CN, CH.V
In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers Big Gold (BG.CN) Market Cap ~ $1.76 million Big Gold Inc., a mineral exploration and…
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Gold price contracts hit highest level ever as US debt rockets
Hold up Bitcoin! Gold wants to join in on the party! Gold futures for April have hit $2,126.30 per ounce, the highest level dating back to the contract’s creation in 1974. Yes folks, gold has hit its highest level ever. When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according…
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Bitcoin on the path to new all time record highs
Bitcoin has topped $57,000 for the first time since 2021. And from a technical perspective, the world’s largest cryptocurrency is on the path to printing new all time record highs. In terms of fundamentals? The Bitcoin ETF. This was the catalyst many bitcoin bulls were waiting for. An ETF makes bitcoin ‘legit’ in the eyes…
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Rising Sun, Rising Stocks: Japanese Nikkei takes out 1989 highs
This might be one of those “see we told you so” articles. While most investors are talking about Nvidia earnings and how it is holding up the US stock markets (S&P 500 and the Dow Jones have printed new all time record highs today with the Nasdaq not too far away), I think market news…
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Oil about to trigger an inflation uptick surprise?
With the January 2024 inflation data coming out higher and hotter than expected in the US, investors are re-evaluating the battle against inflation. Is it over? Is it too early to declare victory? The Fed has said that the battle is not quite over but progress is going well. But just not well enough for…
