The Brave New World
The Brave New World

The Brave New World

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Japanese Yen Hits Record Low Against Gold

15 Sep 2023 4 minute read 0 comments SweptOverNiagara

Over the last couple of years, gold has hit record highs against all currencies. Countries with depreciating currencies were hardest hit. As an example, Canadians paid $1525.30 per ounce of gold on October 1, 2018. This morning, as of writing, that s...

European Central Bank Hikes Again To Record 4%

14 Sep 2023 3 minute read 3 comments SweptOverNiagara

Those of you that follow me know that I like to keep track of central bank interest rates. I can tell you that I see no slowing down in their posture. The last year and a half has been chock full of record pace increases by central banks around the w...

Projected Oil Deficit Next Quarter Signals Higher Gas Prices

12 Sep 2023 3 minute read 0 comments SweptOverNiagara

I had first heard about this a week ago through an article at KingWorldNews that briefly mentioned OPEC is cutting back on production. This site has some great interviews and commentaries from some very well known people in the business and always se...

Loose Lips Sink Ships!

11 Sep 2023 6 minute read 2 comments SweptOverNiagara

Over the weekend, while browsing through Youtube to find a video that would peak my interest, I came across one that actually 'hit home', so to speak. The video titled, 'Your co-workers are not your friends', was posted just 5 months ago by user A Li...

Central Bank Gold Buying Spree Not Slowing Down

8 Sep 2023 4 minute read 0 comments SweptOverNiagara

It's not a secret anymore that central banks around the world (except Canada's) have been on a roll for the last couple of years buying up huge amounts of gold. Reports are coming in that the gold buying spree has continued unabated through summer. I...

Bank of Canada Holds Steady at 5%

6 Sep 2023 3 minute read 2 comments SweptOverNiagara

I'm seeing a flurry of articles popping up that the BoC is holding rates at 5% after their latest policy meeting which was a widely expected move. Kitco News reports that gold has moved very little after the announcement and stated that the slowing e...

Why Can't We All Just Get Along?

5 Sep 2023 2 minute read 4 comments SweptOverNiagara

Over the Labor Day long weekend, I went for a two day trip to Blue Mountain Resorts in Collingwood, Ontario. The area is well known for its great ski slopes during the winter season but is also a favorite summer destination for its many shops, restau...

When You Witness A Robbery In Progress

18 Aug 2023 4 minute read 1 comment SweptOverNiagara

A couple of days ago, I drove to my local Home Depot to buy some two by fours and wood screws to repair some fencing in my yard. First, I looked around to make sure they had what I was looking for and to check on the price of lumber these days. In th...

Oil Priced In Gold Remarkably Stable Over Last 70 Years

11 Aug 2023 3 minute read 3 comments SweptOverNiagara

I read Alisdair MacLeod's latest post this morning on KingWorldNews and he makes yet another interesting case for gold, not against dollars or any other currency but against oil, particularly WTI or West Texas Intermediate. Macleod is well known for...

Thief Decides To Rob Wrong Store...

4 Aug 2023 2 minute read 3 comments SweptOverNiagara

In the last few months, I've read articles of people getting fired for trying to stop thieves from walking out without paying. Most often, these stories originate in California. I wonder why??? Thieves have brazenly stolen bags full of items, literal...