About Me
- ASH (Ashutosh Singh)
- Financial Advisor, GTA, Ontario, Canada
- Investment, Insurance, Tax & Estate Planning
Tuesday, May 10, 2011
Friday, April 29, 2011
Thursday, April 28, 2011
Monday, April 25, 2011
Sunday, April 24, 2011
Friday, April 22, 2011
'The US Shouldn't Play with Its Credibility'
Is the West going broke? It would seem to be a legitimate question in this era of sovereign debt panic. Not only is the euro zone struggling to prop up the European common currency with enormous bailout packages for its most indebted members, but concerns that Greece may ultimately go bust anyway have many afraid that the worst is yet to come.
And then there is the United States. A report released by the International Monetary Fund last week suggests that US national debt could reach 100 percent of gross domestic product by 2015 -- and despite efforts to slim down the budget pushed through Congress by the administration of President Barack Obama last week, there is little indication that the upward trend will be reversed any time soon. This year's budget deficit will add a cool $1.5 trillion to the US debt load.
Wednesday, April 20, 2011
Eric Sportt: Follow the Money
You know silver’s doing well when the commentators start giving it the ‘gold’ treatment. Silver’s recent rise has been so spectacular that it’s caught many investors off guard. It’s natural to be sceptical when you don’t know the fundamentals driving strong performance, and many pundits and commentators have been quick to downplay it as a result - much like they do towards gold when it enjoys a run. Silver is also an awkward metal for them to categorize. Is it a commodity, a monetary metal, or both? And which side is driving demand? If it’s industrial demand, that’s ok, because that’s bullish.
But if it’s investment demand for silver as ‘money’, well then that’s sort of bearish, isn’t it? The fact remains that most commentators have failed to grasp the monetary shifts that silver is signaling today, and in doing so they’ve failed to appreciate just how high it could actually go.
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