the Wealthy Canadian

I used to hear about futures prices and think that if March Gold Futures were trading at some price then come March the price of Gold should, reasonably, be that price.  That is not actually the case.
You can buy gold in one of two ways.

In the cash market, where you will pay the spot price.
In [...]

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I’m seeing a lot of good comedy about the folly of our ways but no one states it so simply as Scott Adams:

Brilliant.
Of course, hindsight and all that… A few years ago it may have looked differently

Invest in high risk cattle, they’re only high risk because of an outbreak of Mad Cow disease.
Buy the [...]

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Corporate welfare vs. Corporate social responsibility
In North America,
* the banking sector has been failling, yet reportedly, the top execs are still making multi million$ in compensation.
* the auto industry is on the brink of collapsing in on itself after years of what I suggest is due to both poor management and design
* both sectors are [...]

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And now for something completely different…

Jack and Gilles went to the Hill to try to crush the Tories.
Stephane’s the man to lead the plan,
And Michaëlle gets to decide the outcome.
Global economic crises abound and we don’t have a functioning government!  I cannot claim to understand all of the inner working of our political system.  However, [...]

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In previous posts I’ve talked about what inflation is and how we measure it. Today I’m going to talk about how we attempt to control inflation.
As we’ve discussed both high and low inflation is bad but luckily there is a happy medium. In 1991 the Bank of Canada and the government decided that somewhere [...]

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