Reader Alert: Read Part One of this series. Gold will hit $2,500 within six months and its detractors risk getting wiped out, according to fans of the precious metal. The bullion bugs making these predictions see no ready solution to the economic ills plaguing the world, and there is little standing between gold and a […]
Reader Alert: This is Part One in a Two Part series. The higher you climb the harder the fall. It’s a lesson from the 1970s that many gold bugs should heed. Back then, after soaring to record highs, the yellow metal fell almost 70% in a jump-off-the-cliff drop. Little surprise then that the frighteningly parabolic […]
Originally from our sister publication, Advisor.ca. Nearly half of Canada’s baby boomers are still paying down their mortgage while trying to build retirement savings, according to a new poll from CIBC. As Canada’s largest demographic moves closer to retirement, 46% of Canadians aged 45 to 64 are still working to pay off their mortgage—including 33% […]
Originally from our sister publication, Advisor.ca. Canaccord Financial today announced it has forged partnership with BGF Equities which will result in an expansion of its operations into Australia and Hong Kong. The partnership entails the acquisition of a 50% equity interest in BGF Capital Group Pty Ltd (commonly known as BGF Equities), one of the […]
Originally from our sister publication, Advisor.ca. Ongoing market volatility and global unrest continue to leave Canadians feeling unsettled about retirement, according to the most recent results of the Russell Financial Health Index. The second quarter reading of the online tool shows financial health has declined to the lowest level since inception in late 2008. The […]
Originally from our sister publication, Advisor.ca. There are many ways to interpret the ongoing U.S. debt ceiling crisis. Many in the Canadian financial industry feel it’s a pointless production before an inevitable resolution. “This is nothing but a show,” said David L. Fingold, lead portfolio manager of the Dynamic Global Discovery Fund. “This is a […]
Originally from our sister publication, Advisor.ca. Unprecedented geopolitical and economic changes have left a trail of destruction, but they’re also breeding new investment opportunities around the world. A panel of investment pundits discussed where those opportunities lie and how to capitalize on them at Franklin Templeton’s 2011 Investment Forum, in Toronto. Discussion rarely strayed far […]
Originally from our sister site, Advsior.ca Canadian investors thoroughly recognize the strong growth potential of emerging markets. But when it comes to investing in these economies, few Canadians are taking full advantage of the opportunity, according to Franklin Templeton Investments Corp.’s latest national research. The survey of 2,009 Canadians found that a significant proportion of […]
Despite showing a marginal increase in personal income, consumer spending in the U.S. remains stalled as inflation continues to gnaw away at income gains. Chris Christopher, senior principal economist at Lexington, Mass.-based IHS Global Insight, expressed concern over the dwindling consumer spending pattern in the U.S. in a recent commentary on personal income and consumption […]
Canadians appear more confident about their ability to physically survive a critical illness, than survive its impact on their net worth. According to Desjardins Financial Security Health Survey, close to two-thirds of Canadians are confident they would survive a critical illness, while 67% say it would render them financially vulnerable and they would likely need […]