Articles related to Canadian Dollar
 
Sprott Money
The Secret of Wealth Preservation - Jeff Nielson
We have a failure to communicate. The vast majority of the investment public in the Western world has no understanding – at all – about how to preserve and protect their wealth. Of the minority of the investment community with some understanding of wealth preservation, almost invariably it is a flawed understanding. Understanding wealth preservation begins with having a detailed and correct understanding of “money”. Understanding money begins with correctly comprehending the difference betwe
Wednesday, December 23, 2020
Nick Barisheff - BMSINC
  August 15, 1971: Inflation Unleashed 
The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have had an enormous impact on global financial conditions ever since. On that date, US President Richard Nixon “closed the gold window”. In essence, this meant the US would no longer honour the Bretton Woods Agreement of 1944, which
Saturday, August 15, 2020
Egon von Greyerz - Matterhorn AM
CENTRAL BANKERS NEVER GET IT RIGHT
Central bank heads have been at it again last week. And they have clearly all been singing from the same hymn sheet. The messages have been very similar from the bosses of the Fed, ECB and BOJ. The head of the Swedish Riksbank had a different and much more interesting message. More about that later. Why should we ever listen to any of these self-important central bankers. They are consistently inaccurate in their forecasts and policies. Their timing is always wrong as they are always behind the
Friday, March 9, 2018
Stewart Thomson - Graceland Update
Gold $1310: Buy Zone Of Champions
Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive. I’ve repeatedly highlighted the fact that while America has the world’s richest economy, China’s economy is vastly bigger. Courtesy of the Visual Capitalist, this snapshot of Chinese commodity demand should provide a significant confidence booster shot for investors. The huge demand puts a floor of support unde
Tuesday, March 6, 2018
Bullion Vault
Gold Prices Sink vs. Yen, Jump in USD as Trump Declares ‘Trade War’
GOLD PRICES whipped amid sharp currency swings on Friday as global stock markets fell hard after US President Donald Trump defended plans for stiff tariffs on imports of steel and aluminum into the world's No.1 economy by declaring that "trade wars are good". Proposing 25% tariffs on imports of steel and 10% on aluminum last night, "When we are down $100 billion with a certain country and they get cute, don't trade anymore," Trump tweeted on Friday morning. Having erased
Saturday, March 3, 2018
Przemyslaw Radomski CFA - SunshineProfits
Why Recent Lows Are Crucial for Greenback
Since Friday, the USD Index extends increases and makes up for lost points. Looking at the daily chart you can even conclude that the bulls use every opportunity to push away their opponents from the recent lows. Why are they so important to them? We took a closer look at the situation and we already know the Achilles’ heel of the bulls. Do you also want to know it? We invite you to read today's alert. Focus on the USD Index Before we analyze the recent changes in our currency pairs, we decided
Friday, February 23, 2018
Richard Mills - Ahead of the Herd
Resurgent US oil industry priming the economic pump
Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes. One of the hardest hit countries was Venezuela, whose petr
Friday, January 26, 2018
Richard Mills - Ahead of the Herd
Bond Market Bear Creating Gold Bull
Gold is climbing as bond yields rise and the dollar falls, over speculation that China is pulling back on buying US Treasuries and Japan signals it is winding down its quantitative easing program. Meanwhile, US debt continues to grow after the Republicans under President Trump pushed a trillion dollars worth of tax cuts through the Senate, that the Congressional Budget Office thinks will add $1.7 trillion to the deficit over the next decade. The dollar, 10 year yields and golds price
Saturday, January 20, 2018
Bullion Vault
Gold Price Slips from 30-Month Yen High as Beijing Calls 'Fake News' on US T-Bond Rumor
GOLD PRICES rose back above $1320 per ounce against a weakening US Dollar on Thursday as major government bond yields rose once more and Beijing played down rumors it might stop or cut its demand for US government debt. Responding to Wednesday's claims from Bloomberg that the People's Bank may stop buying Treasuries as a protest against President Donald Trump's rhetoric on China's trade surplus with the US, "We learned the news thro
Friday, January 12, 2018
The Gold Report
Miners of the Modern Yukon Gold Rush
Ron Struthers of Struthers’ Resource Stock Report describes a miner making a promising stand in the Far North, as well as other Yukon-based gold companies that have captured his attention. The Yukon is seeing a modern-day gold rush, with five major miners jumping in and several junior exploration companies with large exploration budgets. Kinross Gold Corp. (K:TSX; KGC:NYSE) was the first of the major gold miners to make a move into the Yukon when it gobb
Sunday, January 7, 2018
Mickey Fulp - Mercenary Geologist
What Trumps Dollars and Gold
I have commented and written extensively on the generally negative correlation of the US dollar and gold. In simple terms, when the US dollar moves up or down, the price of gold tends to do the opposite. This makes sense because the price of gold is quoted on world markets in good ol’ American greenbacks. That said, there are many other factors that contribute to the price of gold. These include: world economic health; geopolitical events; physical demand for jewelry, investment, hoarding, and i
Wednesday, November 29, 2017
Steve Saville - Speculative Investor
Sentiment Synopsis, Part 2
A blog post titled “Sentiment Synopsis” posted two weeks ago contained some explanatory remarks about the Commitments of Traders (COT) reports and briefly discussed the sentiment situations for gold, silver, the Canadian dollar and the Yen using the COT data as the indicators of market sentiment. In this post I’ll do the same for the euro, the Swiss franc and oil, again with the help of charts from Gold Charts ‘R’ Us. As noted in the earlier post, what I refer to as the total speculative net pos
Tuesday, November 28, 2017
Steve Saville - Speculative Investor
Sentiment Synopsis
The Commitments of Traders (COT) reports are nothing other than sentiment indicators, but as far as sentiment indicators go they are among the most useful. In fact, for some markets, including gold, silver, copper and the major currencies, the COT reports are by far the best indicators of sentiment. This is because they reflect how the broad category known as speculators is betting. Sentiment surveys, on the other hand, usually focus on a relatively small sample and are, by definition, based on
Tuesday, November 14, 2017
Michael J. Kosares - USA Gold
Gold is up this year not just in dollars but in every major currency
Why it’s important to the typical gold investor by Michael J. Kosares Author: The ABCs of Gold Investing Founder: USAGOLD “Even those of us who have been tracking gold’s progress for decades frequently give in to the ease of quoting gold’s value in terms of fiat currency – most commonly in US dollars. And yet, we have it the wrong way round. Gold is in fact the centre of the economic universe, and all the fiat currencies (including cryptocurrencies) revolve around gold.” – Jeff Thomas, Internat
Wednesday, October 4, 2017
Steve Saville - Speculative Investor
Commodities and the Commodity Currencies
The Australian Dollar (A$) and the Canadian Dollar (C$) are called “commodity currencies” for a reason. The reason is that regardless of what’s happening in their associated local economies, on a multi-year basis they will usually trend in the same direction as broad-based commodity indices. Since 2001 there have been three major rallies in the A$, each lasting about 2.5 years. These 2.5-year rallies are indicate
Monday, September 18, 2017
Przemyslaw Radomski CFA - SunshineProfits
BoC Second Hike in 2017 and Gold
On Wednesday, the Bank of Canada raised its interest rates for the second time in 2017. What does it imply for the gold market? Given the stronger-than-expected economic performance (the GDP rose jumped 4.5 percent in the second quarter), the Bank of Canada increased its target for the overnight rate from 0.75 percent to 1 percent. The bank rate and the deposit rate, which create the operating band, were raised to 1.25 percent and 0.75 percent, correspondingly. As one can see in the chart below,
Friday, September 8, 2017
Bullion Vault
Gold Prices Slip vs. Euro as ECB Holds Rates + QE, Fall vs. Loonie as BoC Hikes
GOLD PRICES in London rose back towards 12-month highs above $1340 in Dollar terms on Thursday morning but slipped versus the Euro as the European Central Bank left its negative interest rates and €60 billion per month QE bond-buying scheme untouched. The Bank of Canada yesterday raised its key interest rate for the second time in 2 months, hiking to 1% and calling the country's second quarter annual GDP growth of 4.5% " broadly base
Thursday, September 7, 2017
Clive Maund
A Very Good Day for Gold
Source: Clive Maund for Streetwise Reports   08/29/2017 Clive Maund analyzes what happened yesterday in the gold market. -->What happened yesterday in the gold market was VERY bullish. After looking like it was topping out at its April and June highs, gold surged through them. While we were wary of it topping out here like a lot of traders, we definitely have a handle on the big picture which couldn't be more positive, with the dollar set to crash as it heads towards loss of its reserve currenc
Tuesday, August 29, 2017
24hgold
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement

Thursday, August 10, 2017
Bob Hoye - Institutional Advisors
Is The Stock Market Up When it Should Be
Signs of The Times "Yellen: I'm Strongly Opposed to Audit The Fed" - Bloomberg, July 12. "The European Union is: 7.2% of the world's population. 23.8% of the world's GDP. 58% of the world's welfare spending." - Mises Institute, July 15. "Much of recent global warming has been fabricated by climate scientists to make it look more frightening." - James Delingpole, July 9. "Greenland set a new all-time record July cold record, where the mercury plummeted to -33 C." - No Tricks Zone, July 9. "Rec
Friday, August 4, 2017
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