1. Preparing for THE Bottom: Part 1 – Gold
Since the bull market in gold started over 15 years ago, we haven’t seen such a long consolidation pattern – ever. Even the big 2008 plunge was followed by a rally almost immediately (from the long-term point of view, that is). The gold volatility index confirms the above having recently moved to new all-time lows
2. Qatar & the Rising Tensions in the Middle East – On Schedule
Stephen Poloz, Governor of the Bank of Canada said they are keeping rates the same for the 15th time in face of uncertainty. Also his views on the economy, challenges from the US including the selloff of their strategic oil reserve and more….
3. Canada 6-City May Housing Prices & the Plunge-O-Meter
The average detached housing prices for Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montréal. And the Plunge-O-Meter which tracks the dollar and percentage losses from the peak and projects when prices might find support.
