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Bank of Canada Raises Rates by 75 Basis Points

7 Sep 2022 3 minute read 0 comments SweptOverNiagara $0.14

Just got word the BoC has just increased its key lending rate (for the fourth time this year) by another 3/4 percent with the overnight rate now set at 3.25%. The Governing Council still expects more rate hikes 'given the outlook for inflation'. This...

Green Energy Is A Scam

5 Sep 2022 1 minute read 2 comments Liberty John $0.09

    I see a lot of the kids excited about electric cars and solar panels n stuff n such. I guess I'm just getting old, but I don't get it. Fossil fuels are the power of our modern world. Without them, a few billion of us will die. Solar power does h...

Spot Gold Dips Below $1,700 USD

1 Sep 2022 1 minute read 0 comments SweptOverNiagara $0.12

The U.S. dollar strengthened to a high this morning or 109.547 which is a near 20 year high while WTI (West Texas Intermediate) and Brent Crude oil are both down for the day by 2.86% and 2.57% respectively. The strength of the dollar and weakness of...

When without resources

4 Aug 2022 2 minute read 0 comments Alther $0.10

What would the world be like without resources? Of course, there will be many things that will be difficult to do and find solutions for adjustments when world conditions have run out of resources. Image by David ROUMANET from Pixabay  Indeed t...

Silver Does A Bounce Down!

19 Apr 2022 2 minute read 1 comment SweptOverNiagara $0.14

Yea, looks nasty indeed. That's a good 90 cent drop before recovering, albeit, slightly. It's the hedgers having their fun but this time, silver stayed above $25. There's no real reason for silver to have gone down otherwise. Hold on to your silver b...

If in good faith you are anointing me king over you, then come and take refuge in my shade - Daily Bible Reading: Tuesday, April 5, 2022

6 Apr 2022 2 minute read 0 comments evgenima $0.03

Judges 9:7-15 (NRSV) ​7When it was told to Jotham, he went and stood on the top of Mount Gerizim, and cried aloud and said to them, "Listen to me, you lords of Shechem, so that God may listen to you. 8The trees once went outto anoint a king over t...

Oil money - 67% profit in one day

3 Mar 2022 1 minute read 0 comments VKrum $0.03

Thursday morning last week: "Alexa, what's my brief?". As I was suiting up for work, I listened to a report coming in from India and EU, stating that the ongoing tensions between Ukraine and Russia will lead to an increase in oil and crude oil prices...

Canadian Dollar: Rise Or Fall?

1 Mar 2022 5 minute read 0 comments SweptOverNiagara $0.01

The 'Freedom Convoy' is over in Canada. It appears it has achieved its objective to end all mandates. Canada was effectively under a dictatorship for a few unnerving days after PM Trudeau enacted and then lifted the Emergencies Act, scaring the bejee...

US Mint January Silver Sales Best In 5 Years

7 Feb 2022 2 minute read 0 comments SweptOverNiagara $0.01

I've mentioned in previous posts that I'm a big believer in silver and encourage everyone to own at the very least, a few ounces worth of silver coins (or bars). I got wind from an article released today on Kitco News reporting that the U.S. Mint sol...

What's Kazakhstan Got To Do With It?

8 Jan 2022 3 minute read 2 comments SweptOverNiagara $0.41

You've probably heard by now about the sudden uprising in Kazakhstan and you're probably also wondering, 'where the heck is Kazakhstan?'. Some people, including me, are wondering, 'what's Kazakhstan got to do with it?'. Most people have never heard o...