Comments on: Too safe to fail?

By: silver lining

silver lining — Mon, 07 Sep 2009 14:36:12 +0000

Always the gloom and doom…….there is money to be had in any type of market.

By: BC revenues about to crash

BC revenues about to crash — Sun, 30 Aug 2009 19:06:46 +0000

Victoria faces free-fall in resource revenues

‘It’s the great disappearing act,’ says Business Council of B.C.’s Finlayson

http://www.vancouversun.com/business/Victoria+faces+free+fall+resource+revenues/1933032/story.html

By: supersocco

supersocco — Tue, 25 Aug 2009 18:18:52 +0000

Thank god I don’t take advice from Munch

By: jess

jess — Tue, 25 Aug 2009 02:32:49 +0000

August 18, 2009
NASAA Identifies Top 10 Investor Traps
WASHINGTON (August 18, 2009) – With a new school year about to begin, the North American Securities Administrators Association (NASAA) reminds investors to take stock of their financial education and arm themselves with the knowledge to sidestep this year’s Top 10 Investor Traps.

http://www.nasaa.org/NASAA_Newsroom/Current_NASAA_Headlines/11129.cfm

By: jess

jess — Tue, 25 Aug 2009 02:12:39 +0000

The Bank of Israel raised its benchmark interest rate, becoming the first central bank to tighten monetary policy.

By: dd

dd — Tue, 25 Aug 2009 02:08:16 +0000

#107 lili

…I don’t know about you but this one’s got teeth. Anyone else unload in the late market action? Wowzers…
Your post yesterday said that the Banks were solid and that your banker friends were doing well.

By: dd

dd — Tue, 25 Aug 2009 02:06:14 +0000

#112 Calgary_rip_off

…No one has the answer about prices dropping in Calgary….
Natural gas prices are hitting record lows. Bad, bad news for Calgary

…city are manic in a manic mode where everything is wonderful….
You work downtown? I am in the energy sector and there are more layoffs everyday. Not good.

…There doesnt seem to be a reason to increase interest rates for the government…
In the short run yes. However the governemnt has very little control over longer term rates. Rates have to go up to attact investors to buy bonds. And there is going to be a lot of bonds floated in the world in the next couple of years.

…The current market values have no basis in reality…
True.

…Perhaps it would be better if you contact Stephen Harper and tell him to jack the interest rates…
He doesn’t set the rates. The BOC does.

By: dd

dd — Tue, 25 Aug 2009 01:56:44 +0000

#123 Dan

… there is a thing called depositors insurance.

By: saanichtonian

saanichtonian — Tue, 25 Aug 2009 01:43:17 +0000

#133 john m on 08.24.09 at 8:28 pm posted:
“Banks are in the business to make money,we walk in and give them our money so it is secure”

I know I am pickin’ nits here, however when you put money into your bank account, you are lending them your money (thus theoretical interest paid). Your balance is not what you have there, but what they promise to pay you back.

For a little more info on this, the video “Money as Debt II : Promises Unleashed” (2009), is quite informative.

http://www.youtube.com/watch?v=_doYllBk5No&feature=related

By: Nostradamus jr.

Nostradamus jr. — Tue, 25 Aug 2009 00:46:24 +0000

#106 Firma

“”…and where that would be? Luxmenburg, Switzerland?..where is the safe place on the this crazy planet?”"

That’s easy…North America’s Cote d’Azure……West Vancouver B.C….aka the Vancouver’s largest private gated community, the North Shore (North & West Vancouver.

Nostradamus jr.