Monday, November 02, 2009

Financial Markets in Canada

What is the outlook for the financial markets in Canada?
This is a question that has been asked many times over in the past.
Here are some thoughts, Enjoy!

Our morning rant about the economy and it's possible demise. Again!!

Employment numbers are up as of this morning.

RE is up yet again, both in sales and avg. values.

The Cdn. Dollar is headed back to parity. Oh well, never mind that I bought a bunch of USD before it went to $1.05 now it's about $104.4

Gold is still on the upswing at $1096

Silver at $18.45

All these are out of sync.

When the dollar goes one way, metals usually go the other.

W hat is going on?. This is either a mirage which will disappear soon or is it really possible that real recovery is in progress.

Now the Prophet of Doom speaks....SELL, The end is nigh !!.

Hope you can answer any of this, because I sure cannot.

If you can make heads or tails of the markets, let me know your secret!

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